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Entitled Ocean-View Multifamily Development
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1926 E Thompson Blvd, Ventura, CA 93001

Fully entitled 12-unit apartment project on a corner lot, with possible 2 ADUs and 23-space parking garage.

Property SizeContact for details
Days on Market143

Property Features for 1926 E Thompson Blvd

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Pacific Inter Capitol
Listed By: Bruce Mehdiani · License #CA 01307821
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 2:54PM

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 Pacific Inter Capitol

Investment Insights

Based on property information with market context.

This site is offered as a fully entitled development project for a 12-unit apartment building, with architectural drawings and environmental clearance already prepared. The plan includes possible add-ons for up to 2 additional ADUs. Building amenities and site features shown in the entitlement package include ADA access, bike racks, an elevator, an open courtyard, and a third-level patio with ocean view.

The property is a 13,515 SF corner lot with back alley access, with 23 ground-level parking spaces designed as part of a parking garage. Supporting documents include a survey map, soil report, landscaping plan, and compliance items including MS4 city requirements, along with sewer and water availability approval.

An existing 2,980 SF building is also on site. The current zoning is Commercial Comprehensive Land Use Designation T4, and the City of Ventura is in process of increasing density along the Thompson Corridor, which could allow a taller development up to four stories and potentially more units than currently entitled. Only one affordable housing unit is included in the plans.

Key Highlights

  • Fully entitled 12‑unit apartment development project on a 13,515 SF corner lot in Ventura, CA
  • Includes an existing 2,980 SF building and plans for a ground‑level subterranean/back‑alley parking garage with 23 spaces
  • Plans include ADA access, elevator, bike racks, and an open courtyard

Property Analytics

Current Use

Apartment buildings

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 93001, CA

33,859
Population
14,705
Households
2.3
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
96.6 sq mi
ZIP Area
351
Density / Sq Mi
$86,310
Median Household Income
$45,023
Median Earnings
$1,881
Median Rent
$760,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully entitled 12-unit apartment project on a corner lot, with possible 2 ADUs and 23-space parking garage.
Where is this apartment building located?
The property is located at 1926 E Thompson Blvd Ventura, CA.
What are key features of this property?
This property features: Fully entitled 12‑unit apartment development project on a 13,515 SF corner lot in Ventura, CA; Includes an existing 2,980 SF building and plans for a ground‑level subterranean/back‑alley parking garage with 23 spaces; Plans include ADA access, elevator, bike racks, and an open courtyard
More about this property
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