Historic Mixed-Use Victorian Rose
For Sale
$1,450,000
896 E Main St, Ventura, CA 93001
Unique mixed-use property in Downtown San Buenaventura, blocks from beach.
Property Size5,307 SF
Lot Size0.19 Acres
Days on Market211
Property Features for 896 E Main St
General Information
Standard status
Active
Size
5,307 SF
Lot size
0.19 Acres
Property subtype
Commercial
Building Details
Building Size
5,307 SF
Year Built
1888
Units
1
Listed By:
Domonique Rodriguez · License #1493429
(805) 479-2772
Source:
Elliman
Added: Mar 10
Changed: Aug 14
Last Checked: Aug 14 at 9:55AM
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 Domonique Rodriguez
Investment Insights
Based on property information with market context.
This historic mixed-use property, formerly known as the Victorian Rose, is located on East Main Street in Downtown San Buenaventura, blocks from the beach, shopping, entertainment, and restaurants. The property features significant architecture and historical merit with exquisite details such as stained glass windows, 26 ft high ceilings, hand-carved arches and wood details, and hardwood flooring. The main Victorian-style sanctuary includes 5 suites and 5 bathrooms. The lower level includes 3 bedrooms, 1.5 bathrooms, a commercial-size kitchen, common laundry room, storage room, and basement. Additionally, the property includes the 'pink Herbert House,' a California Bungalow with 1 bedroom, 1 bathroom, a kitchen, and a private patio, located at 27 S. Kalorama. The property offers many possibilities such as a residence, bed and breakfast, or income-producing business venture.
Key Highlights
- Historic Victorian building with significant architectural details (stained glass, high ceilings, hand‑carved wood).
- Mixed‑use property in Downtown San Buenaventura, suitable for residence, B&B, or business.
- Prime location**: blocks from the beach, shopping, entertainment, and restaurants.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,888
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,677,760
$1.7M
Cap Rate 7%
$1,198,400
$1.2M
Cap Rate 9%
$932,089
$932.1K
Market Conditions
NOI Build-Up for 5,307 SF
Gross rent
$159.2K $30.00/SF
− Vacancy
−$6.7K −$1.26/SF
EGI
$152.5K $28.74/SF
− OpEx
−$68.6K −$12.93/SF
NOI
$83.9K $15.81/SF
Area
Ventura County, CA
Vacancy
4.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,677,760
Cap Rate 7%
$1,198,400
Cap Rate 9%
$932,089
Alternative Uses
Best Use
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $83,888 @ 7.0% cap · market cap 5.79%
Second Best
Mixed Use
$951.8K
$832.9K – $1.11M
NOI $66,629 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$1.82M
$1.59M – $2.13M
NOI $127,531 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Unique mixed-use property in Downtown San Buenaventura, blocks from beach.
Where is this mixed-use property located?
The property is located at 896 E Main St Ventura, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Historic Victorian building with **significant architectural details** (stained glass, high ceilings, hand‑carved wood).; Mixed‑use property in Downtown San Buenaventura, suitable for residence, B&B, or business.; Prime location**: blocks from the beach, shopping, entertainment, and restaurants.
