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335 W Simpson St 3 Unit Apartment Building Offered at $1,275,000 Ventura, CA 93001
INVESTMENT HIGHLIGHTS
- Desirable unit mix including (1) 4BD/1BA, (1) 2BD/1BA, (1) spacious studio unit.
- 1 mile from the restaurants and bars along Main Street and 1.75 miles from Ventura’s iconic Surfers Point.
- New roof completed in 2024, along with fresh exterior paint, new water heater and a newly constructed staircase to the second floor in 2025.
EXECUTIVE SUMMARY
335 W Simpson St is a rare opportunity to acquire a well-located triplex offering a dependable stream of rental income in one of
Ventura’s downtown corridors poised for continued rental growth and long-term appreciation. The property spans two parcels totaling
5,373 SF and features a spacious front yard providing ample onsite parking, coin operated laundry for tenants, along with a one-car
garage currently used for storage. The site is comprised of a desirable unit mix including (1) 4BD/1BA, (1) 2BD/1BA, and (1) spacious
studio unit with a private yard. Recent improvements to the site include a new roof completed in 2024, along with fresh exterior paint,
new water heater and a newly constructed staircase to the second floor in 2025.
Ventura’s downtown corridors poised for continued rental growth and long-term appreciation. The property spans two parcels totaling
5,373 SF and features a spacious front yard providing ample onsite parking, coin operated laundry for tenants, along with a one-car
garage currently used for storage. The site is comprised of a desirable unit mix including (1) 4BD/1BA, (1) 2BD/1BA, and (1) spacious
studio unit with a private yard. Recent improvements to the site include a new roof completed in 2024, along with fresh exterior paint,
new water heater and a newly constructed staircase to the second floor in 2025.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $1,275,000 | Property Type | Multifamily |
| Price Per Unit | $425,000 | Building Size | 2,565 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Gross Rent Multiplier | 15.4 | No. Stories | 2 |
| No. Units | 3 | Year Built | 1962 |
| Price | $1,275,000 |
| Price Per Unit | $425,000 |
| Sale Type | Investment |
| Gross Rent Multiplier | 15.4 |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 2,565 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+1 | 1 | $3,250 | - |
| 2+1 | 1 | $2,188 | - |
| Studios | 1 | $1,400 | - |
1 1
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (75)
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335 W Simpson St
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