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Two-Unit Duplex with Elevator Access

950 Seaside Court Ventura, CA 93001

950 Seaside Court, Ventura, CA, 93001
$1,995,000
For Sale
$1,995,000

MULTI_FAMILY - Ventura, CA

Property Size2,888 SF
Lot Size0.14 Acres
Price / SF$690.79
Days on Market19

Property Features for 950 Seaside Court

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Rooms
Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 2
Standard status
Active
APN
0800320425
Size
2,888 SF
Lot size
0.14 Acres

Building Details

Year built
1965
Floors in Building
2
Listing Agency RE/MAX Gold Coast-Beach Office
123 Los Altos #A, Oxnard, CA 93035, Ventura, CA
Listed by Billy Davidson · License #02154915
Added: Jun 29 Checked: Jul 17 at 8:06 am
MLS# V1-37281

Copyright © 2026 California Regional MLS - Pasadena-Foothills and Ventura County Coastal. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained duplex offers two separate residences: an upstairs 3-bedroom, 2-bath home and a downstairs 2-bedroom, 2-bath residence. The upstairs layout includes engineered hardwood flooring, elevator access from the garage, a double-sided fireplace, a spacious deck off the living room and a bedroom, updated bathrooms, and an in-unit laundry setup. The downstairs unit provides single-level living with a private backyard, French doors from the living room, engineered hardwood flooring in the bedrooms, and a private patio-style indoor-outdoor flow.

The property includes an attached two-car garage with dedicated parking for each residence, plus a storage room. Additional features include separate laundry facilities for each unit and a fully owned Enphase solar system serving the upstairs home.

Set on a 0.14-acre lot, the duplex is located on a quiet cul-de-sac near Ventura Harbor, local beaches, shopping, dining, parks, and convenient freeway access.

Key Highlights

  • 2,888 SF duplex built in 1965 with an upstairs 3 bed/2 bath and a downstairs 2 bed/2 bath residence
  • Fully owned Enphase solar system serving the upstairs home
  • Attached 2‑car garage with dedicated parking for each residence, plus elevator access to the upstairs home

Local 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 $97.0k $33.60
− Vacancy −$5.1k −$1.75
EGI $92.0k $31.85
− OpEx −$27.6k −$9.55
NOI $64.4k $22.29
2,888 SF · lease $33.60/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$919.7K
$804.8K – $1.07M (±1% cap)
NOI $64,380 @ 7.0% cap · market cap 3.23%
Second Best
Apartment 5plus
$784.2K
$686.2K – $914.9K (±1% cap)
NOI $54,895 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$1.74M
$1.53M – $2.03M (±1% cap)
NOI $122,047 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Food Market Barber Shop Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility Locksmith Grocery & Convenience Store Big Box & Wholesale Store Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with two separate residences, including upstairs elevator access and in-unit laundry for each unit.
Where is this duplex located?
The property is located at 950 Seaside Court Ventura, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 2,888 SF duplex built in 1965 with an upstairs 3 bed/2 bath and a downstairs 2 bed/2 bath residence; Fully owned Enphase solar system serving the upstairs home; Attached 2‑car garage with dedicated parking for each residence, plus elevator access to the upstairs home
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