Log In/Sign Up
Your email has been sent.
1106 E Santa Clara St
Ventura, CA 93001
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Property currently operates as Short Term Rentals and can be delivered vacant at Close of Escrow.
- Just a few walkable blocks from Main Street and Front Street, and 1.0 mile from the Ventura Pier and the iconic Surfers Point
- Property is available for sale individually or together with the neighboring parcel at 142 S Ann St.
Executive Summary
The Twin Palms, located at 1106 E Santa Clara St, present a rare opportunity to acquire a thoughtfully renovated boutique multifamily property in one of Downtown Ventura's most desirable locations. Originally constructed at the peak of the American Craftsman era in 1918 and comprehensively remodeled in 2024, the property blends timeless architectural character with the amenities, finishes, and infrastructure of a modern property.
The property is comprised of (1) 3-bedroom/1-bathroom and (2) 2-bedroom/1-bathroom residences, each thoughtfully updated with remodeled kitchens and bathrooms, upgraded appliances, modernized electrical and plumbing systems, and architectural details including vaulted ceilings, dormer windows and refinished hardwood floors. Private garden areas, grounded-gas firepits and expansive porches enhance the indoor-outdoor living experience that creates an atmosphere rarely found in a multifamily investment.
Currently operated through a combination of short term rentals and furnished 30+ day stays, The Twin Palms offers flexibility for a future owner to continue with shorter-term stays, transition the residences to long-term market-rate rentals, or occupy one of the residences while generating income from the remaining units. With the restaurants and shops of Main St just a few blocks away and the Ventura beaches within 1 mile, The Twin Palms presents an unbeatable location. Don't miss this opportunity to own a one-of-a-kind multifamily property in downtown Ventura offering historic charm and operational flexibility.
The property is comprised of (1) 3-bedroom/1-bathroom and (2) 2-bedroom/1-bathroom residences, each thoughtfully updated with remodeled kitchens and bathrooms, upgraded appliances, modernized electrical and plumbing systems, and architectural details including vaulted ceilings, dormer windows and refinished hardwood floors. Private garden areas, grounded-gas firepits and expansive porches enhance the indoor-outdoor living experience that creates an atmosphere rarely found in a multifamily investment.
Currently operated through a combination of short term rentals and furnished 30+ day stays, The Twin Palms offers flexibility for a future owner to continue with shorter-term stays, transition the residences to long-term market-rate rentals, or occupy one of the residences while generating income from the remaining units. With the restaurants and shops of Main St just a few blocks away and the Ventura beaches within 1 mile, The Twin Palms presents an unbeatable location. Don't miss this opportunity to own a one-of-a-kind multifamily property in downtown Ventura offering historic charm and operational flexibility.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | - | 1,000 |
| 2+1 | 1 | - | 850 |
| 2+1 | 1 | - | 850 |
Property Taxes
| Parcel Number | 073-0-152-010 | Improvements Assessment | $437,748 |
| Land Assessment | $1,313,245 | Total Assessment | $1,750,993 |
Property Taxes
Parcel Number
073-0-152-010
Land Assessment
$1,313,245
Improvements Assessment
$437,748
Total Assessment
$1,750,993
1 of 64
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
