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5-Unit Multifamily Property
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531 Cedar Street, Ventura, CA 93001

The property combines a detached residence with two duplex buildings and a varied residential floor plan.

Property SizeContact for details
Days on Market232

Property Features for 531 Cedar Street

General Information

Standard status Active
Property subtype Multifamily
Zoning Assessor

Units

Unit Mix 1 x 3BR/2BA, 4 x 1BR/1BA
Multifamily Units 5

Building Details

Buildings 3
Units 5
Listing Agency: RE/MAX Gold Coast
Listed By: Marla Remedios · License #01992350
Source: Crexi
Added: Jan 12 Changed: Aug 30 Last Checked: Sep 1 at 2:54AM

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 RE/MAX Gold Coast

Investment Insights

Based on property information with market context.

This five-unit multifamily property consists of one detached single-family residence and two duplex buildings. The unit mix includes one three-bedroom, two-bath residence and four one-bedroom, one-bath residences, providing a range of layouts within a compact rental property.

The property is located at 531 Cedar Street in Ventura, near downtown Ventura, shopping, dining, and coastal amenities. The assessor designation is identified as the zoning classification.

Key Highlights

  • Five total residential units across one detached home and two duplexes
  • Unit mix includes one 3‑bedroom, 2‑bath residence
  • Four 1‑bedroom, 1‑bath residences

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Hair Salon Nail Salon Auto Parts Store (Bike/Boat/Book/etc) Store Pharmacy Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

496
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - The property combines a detached residence with two duplex buildings and a varied residential floor plan.
Where is this apartment building located?
The property is located at 531 Cedar Street Ventura, CA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Five total residential units across one detached home and two duplexes; Unit mix includes one 3‑bedroom, 2‑bath residence; Four 1‑bedroom, 1‑bath residences
(805) 340-0922 Call to check price and availability
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