400 Arcade Drive, Ventura, CA 93003
List Price: $1.2M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1964
Lot Size: 5,662 sq ft
Garage Spaces: 2
Private Pool: Yes
MLS Number: V1-36745
About This Property
Midtown Ventura Duplex on a Coveted Corner Lot.Live in One, Rent the Other!Rare opportunity to own a beautifully remodeled duplex in one of Ventura's most desirable Midtown neighborhoods. Situated on a spacious corner lot, this property blends classic Ventura charm with excellent income potential .offering the ideal opportunity for both owner-users and investors alike.Both units have been thoughtfully remodeled throughout, featuring a fresh, modern feel while maintaining the warmth and character that make Midtown Ventura so special. Each identical unit offers 2 bedrooms, 1.5 bathrooms, private entrances, private yard space, and in-unit laundry areas -- creating a comfortable, home-like living experience tenants love.One unit is currently tenant-occupied at $2,950 per month, providing immediate rental income from day one. The second unit is vacant and move-in ready, giving you the flexibility to occupy the property yourself, place your own tenant, or maximize rental income at current market rates.The detached garage offers additional versatility and potential - ideal for storage, a workshop, creative studio, or future customization possibilities. The generous corner lot provides ample outdoor space for entertaining, gardening, or simply enjoying Ventura's coastal climate.Located in the heart of Midtown Ventura, the property is just moments from popular coffee shops, local boutiques, restaurants, downtown Ventura, and the beach. The neighborhood is highly sought after for its walkability, charm, and relaxed coastal lifestyle.Whether you are a first-time investor, an experienced buyer expanding your portfolio, or someone looking to offset your mortgage while enjoying Ventura living, this duplex checks every box.Strong rental potential, remodeled interiors, an unbeatable Midtown location, and immediate cash flow - this is Ventura living and investing at its best.
Listing provided by: Diana Porter