656 Poli St, Ventura, CA 93001

Property Description

Ocean view two story duplex with area for live work opportunity in downtown Ventura. Take in the sea breezes from this home or investment, completely re-done in modern elegance, with the finest of finishing's, including solid Carrara marble throughout two and a half bathroomsl. Unit 1 offers elegantly remodeled kitchen, with gas range island, master suite featuring bedrooms, baths, with large walk in closet and laundry in-unit. Watch boats zip by from the balcony, enchanted by mature avocado tree while overlooking staircase to lower yard, parking and sitting area to enjoy those warm fall nights and amazing Pacific sunsets. Unit 2 offers a one bedroom, one bathroom suite that overlooks an expansive backyard with ample parking, enough for an RV, ocean views from outdoor seating area and another mature avocado tree with abundant fruit. This properties zoning features a highly sought-after Ventura address for those looking to have a live/work opportunity or for a revenue stream of rental income. Large back yard with ample parking for duplex live-in residences and/or a high demand commercial office space. Eligible for the Mills Act which requires only 50% of Property Taxes to be paid for the duration of ownership. Rents are projected between $6000-$7000 a month, offering instant cash flow and a CAP rate of 7%, for investors. Do not miss your opportunity to own a piece of Ventura.