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Approved Westside Housing Development Project
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637 Sheridan Way, Ventura, CA 93001

Approved 10-unit development project on Ventura's Westside.

Property Size5,580 SF
Lot Size0.29 Acres
Price / SF$179.03
Days on Market920

Property Features for 637 Sheridan Way

General Information

Standard status Active
Size 5,580 SF
Lot size 0.29 Acres
Property subtype Multifamily
Zoning R-3-5
Listing Agency: The Becker Group Inc
Listed By: Jeffrey Becker · License #CA 01213236
Source: Crexi
Added: Feb 22, 2024 Changed: Aug 8 Last Checked: May 12 at 10:37PM

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 The Becker Group Inc

Investment Insights

Based on property information with market context.

This is a development/acquisition opportunity for an approved 5,580 square foot, 10-unit development project. The property is located on Ventura's westside and includes substantially completed building plans (pending). The existing structure is a 3-bedroom, 1-bath house situated on a 12,500 square foot lot. The property is located in the heart of the Westside community, close to Downtown, shops, entertainment, restaurants, markets, parks, schools, and galleries. It offers close proximity to the 101 Freeway and Highway 33, ideally situated between Santa Barbara and Los Angeles Counties.

Key Highlights

  • Approved housing development for 10 units (5,580 sq ft) on Ventura's westside.
  • Substantially completed building plans (pending).
  • Large 12,500 sq ft lot.

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 - Approved 10-unit development project on Ventura's Westside.
Where is this apartment building located?
The property is located at 637 Sheridan Way Ventura, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Approved housing development for 10 units (5,580 sq ft) on Ventura's westside.; Substantially completed building plans (pending).; Large 12,500 sq ft lot.
(805) 653-6794 Call to check price and availability
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