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Ventura Four-Unit Building

1033 E Santa Clara Street Ventura, CA 93001

1033 E Santa Clara Street, Ventura, CA, 93001
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Renovated four-unit building near downtown Ventura and the beach.

Property Size2,898 SF
Lot Size0.19 Acres
Price / SF$672.88
AddedMay 6
Days on Market71
Last RefreshJul 13 at 8:10 am

Property Features for 1033 E Santa Clara Street

General Information

Standard status
Active
Size
2,898 SF
Lot size
0.19 Acres
Property subtype
Multifamily

Listing office Pinnacle Estate Properties

Listing date May 6, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Estate Properties


Investment Insights

Based on property information with market context.

This two-story, wood-frame four-unit building is located in downtown Ventura. Originally constructed in 1910 and extensively renovated in 2025, the Victorian-style property was designed by architect F. W. Whitton. The building spans approximately 2,898 square feet on an 8,400 square foot lot. It features a mix of one- and two-bedroom units, all of which were completely renovated in 2025. Amenities include a two-car garage, a two-car carport with additional off-street parking, on-site laundry, secured entry, and patio/yard space. The property is located approximately one mile from the beach and one block from Main Street, providing access to shopping and dining options. It has a Walk Score of 91 and a Bike Score of 77. The Metrolink station is approximately a 20-minute walk away. Nearby attractions include parks, the Ventura County Fairgrounds, the Ventura Pier, and hiking trails. The property offers potential for short-term rental income and the addition of accessory dwelling units, subject to local regulations. As a four-unit property, it may qualify for residential financing, including a 30-year fixed-rate loan.

Key Highlights

  • Extensively renovated in 2025, blending modern updates with Victorian charm.
  • Premier coastal location in downtown Ventura, just 1/2 mile from the beach and one block from Main Street.
  • High Walk Score (91) and Bike Score (77), offering excellent walkability and bike‑friendliness.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $97.4k $33.60
− Vacancy −$5.1k −$1.75
EGI $92.3k $31.85
− OpEx −$27.7k −$9.55
NOI $64.6k $22.29
2,898 SF · lease $33.60/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$922.9K
$807.5K – $1.08M (±1% cap)
NOI $64,603 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$786.9K
$688.6K – $918.1K (±1% cap)
NOI $55,085 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M (±1% cap)
NOI $122,470 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Food Market Barber Shop Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility Locksmith Grocery & Convenience Store Big Box & Wholesale Store Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Renovated four-unit building near downtown Ventura and the beach.
Where is this quadplex located?
The property is located at 1033 E Santa Clara Street Ventura, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Extensively renovated in 2025, blending modern updates with Victorian charm.; Premier coastal location in downtown Ventura, just 1/2 mile from the beach and one block from Main Street.; High Walk Score (91) and Bike Score (77), offering excellent walkability and bike‑friendliness.
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