Triplex with Spacious Front
335 W Simpson Street Ventura, CA 93001
For Sale
Contact for pricing
Triplex with four-bedroom, two-bedroom, and studio units plus coin-operated laundry and onsite parking.
Property Size2,565 SF
Lot Size0.12 Acres
Price / SF$456.14
Days on Market18
Property Features for 335 W Simpson Street
General Information
- Standard status
- Active
- Size
- 2,565 SF
- Lot size
- 0.12 Acres
- Property subtype
- Multifamily
Listing Agency:
Beachside Partners
Listed By:
Nick Henry · License #01748131
Source:
Crexi
Added: Jul 6
Changed: Jul 22
Last Checked: Jul 23 at 3:53AM
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 Beachside Partners
Investment Insights
Based on property information with market context.
This triplex at 335 W Simpson St includes three separate units: one 4BD/1BA unit, one 2BD/1BA unit, and a spacious studio with a private yard. The property also offers onsite parking supported by a spacious front yard, coin-operated laundry for tenants, and a one-car garage currently used for storage. Recent site improvements include a new roof completed in 2024, fresh exterior paint, a new water heater, and a newly constructed staircase to the second floor in 2025.
The site is located along Ventura’s downtown corridor, near local businesses such as Singing Sun Coffee and Municipal Winemakers. It is approximately 1 mile from the restaurants and bars along Main Street and about 1.75 miles from Ventura’s Surfers Point.
The property is situated on two parcels totaling 5,373 SF and provides a multi-unit rental layout with exterior updates aimed at supporting day-to-day tenant use.
The site is located along Ventura’s downtown corridor, near local businesses such as Singing Sun Coffee and Municipal Winemakers. It is approximately 1 mile from the restaurants and bars along Main Street and about 1.75 miles from Ventura’s Surfers Point.
The property is situated on two parcels totaling 5,373 SF and provides a multi-unit rental layout with exterior updates aimed at supporting day-to-day tenant use.
Key Highlights
- Triplex at 335 W Simpson St with unit mix of 4BD/1BA, 2BD/1BA, and a spacious studio with a private yard
- Two parcels totaling 5,373 SF with a spacious front yard for ample onsite parking
- Coin‑operated laundry on site plus a one‑car garage currently used for storage
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 | $86.2k | $33.60 |
| − Vacancy | −$4.5k | −$1.75 |
| EGI | $81.7k | $31.85 |
| − OpEx | −$24.5k | −$9.55 |
| NOI | $57.2k | $22.29 |
2,565 SF · lease $33.60/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$816.9K
$714.8K – $953.0K
NOI $57,180 @ 7.0% cap · market cap 4.89%
Second Best
Apartment 5plus
$696.5K
$609.5K – $812.6K
NOI $48,756 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$1.55M
$1.35M – $1.81M
NOI $108,397 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Triplex with four-bedroom, two-bedroom, and studio units plus coin-operated laundry and onsite parking.
Where is this triplex located?
The property is located at 335 W Simpson Street Ventura, CA.
What is the asking price?
The asking price for this property is $1,170,000.
What are key features of this property?
This property features: Triplex at 335 W Simpson St with unit mix of 4BD/1BA, 2BD/1BA, and a spacious studio with a private yard; Two parcels totaling 5,373 SF with a spacious front yard for ample onsite parking; Coin‑operated laundry on site plus a one‑car garage currently used for storage
