Ventura, CA 93001,1132 Pittsfield Lane
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$ 2,595,000
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1132 Pittsfield Lane Ventura, CA 93001

1 Bed

1 Bath

5,393 Sqft Lot


UPDATED:

11/05/2024 02:49 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID V1-26536

Bedrooms 1

HOA Y/N No

Lot Size 5,393 Sqft

Property Description

This rare Ventura Pierpont Beach four-plex, located just eight lots from the sand, sits on an extra-large lot, making it a standout investment opportunity in the highly sought-after Pierpont Beach area. Nestled in a quaint beach town just south of Santa Barbara and north of Malibu, this property offers the best of coastal California living, with nearby access to Pierpont's beloved restaurants, pubs, and shops, all just a few blocks away.Each of the four 1-bedroom, 1-bath units features an updated and efficient layout with charming touches, including a galley-style kitchen, ample closet space in the bedroom, and a full bathroom. Two of the units are situated upstairs, showcasing vaulted ceilings that add an airy feel, while one of these units also enjoys lovely ocean views. The two ground-floor units provide easy access and share the same well-designed floor plan.For comfort, each unit is equipped with a wall-mounted air conditioner and heating unit, ensuring residents enjoy year-round climate control. Unlike many beach properties, this four-plex offers plentiful parking, including an attached carport with designated spaces for each unit. The property currently brings in approximately $40,000 per unit annually, demonstrating solid income potential. Its combination of proximity to the beach, spacious lot size, and thoughtful updates is exceptionally rare in Pierpont Beach, providing investors with a unique chance to own a high-potential, income-generating property in a premier location.
This rare Ventura Pierpont Beach four-plex, located just eight lots from the sand, sits on an extra-large lot, making it a standout investment opportunity in the highly sought-after Pierpont Beach area. Nestled in a quaint beach town just south of Santa Barbara and north of Malibu, this property offers the best of coastal California living, with nearby access to Pierpont's beloved restaurants, pubs, and shops, all just a few blocks away.Each of the four 1-bedroom, 1-bath units features an updated and efficient layout with charming touches, including a galley-style kitchen, ample closet space in the bedroom, and a full bathroom. Two of the units are situated upstairs, showcasing vaulted ceilings that add an airy feel, while one of these units also enjoys lovely ocean views. The two ground-floor units provide easy access and share the same well-designed floor plan.For comfort, each unit is equipped with a wall-mounted air conditioner and heating unit, ensuring residents enjoy year-round climate control. Unlike many beach properties, this four-plex offers plentiful parking, including an attached carport with designated spaces for each unit. The property currently brings in approximately $40,000 per unit annually, demonstrating solid income potential. Its combination of proximity to the beach, spacious lot size, and thoughtful updates is exceptionally rare in Pierpont Beach, providing investors with a unique chance to own a high-potential, income-generating property in a premier location.

Location

State CA

County Ventura

Area Ventura (93001)

Zoning Assessor

Exterior

Exterior Feature Stucco

Roof Type Composition

Building

Lot Size Range 4000-7499 SF

Level or Stories Split Level

Others

Acceptable Financing Cash, Conventional, Exchange

Space Rent $3,333

Listing Terms Cash, Conventional, Exchange


San Diego Regional MLS (SDMLS)
Listed by Ann Howarth • RE/MAX Gold Coast-Beach Office

Premier Agent Network

Broker | License ID: 01932176

+1(877) 663-9366

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1132 Pittsfield Lane