Ventura Four-Unit
1033 E Santa Clara Street Ventura, CA 93001
For Sale
Contact for pricing
Renovated four-unit building near downtown Ventura and the beach.
Property Size2,898 SF
Lot Size0.19 Acres
Price / SF$672.88
Days on Market85
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 Agency:
Pinnacle Estate Properties
Listed By:
Phillip Sidenberg · License #00634479
Source:
Crexi
Added: May 6
Changed: Jul 10
Last Checked: Jul 28 at 11:06AM
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.
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
NOI $64,603 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$786.9K
$688.6K – $918.1K
NOI $55,085 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,470 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.
