REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Jonathan Minerick • Homecoin.com
$ 1,395,000
Est. payment /mo
New
880 Lemon Grove Avenue Ventura, CA 93003
2 Beds
2 Baths
1,692 SqFt
UPDATED:
11/17/2024 02:14 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,692 sqft
Price per Sqft $824
MLS Listing ID TR-24166425
Bedrooms 2
Full Baths 2
Year Built 1949
Lot Size 7,405 Sqft
Property Description
2 Parcels / APNs for, essentially, the price of one: This could be the most unique property in Midtown Ventura, CA and possibly all of Ventura. It's perfect for an investor/developer/individual capable of realizing its development potential (see feasibility study). Rent out or live in the house while developing the potential of the rear 2nd parcel. Parcel 1: The first parcel (~7,508 sq ft) features a beautifully renovated single-story bungalow home and a detached garage. The home has an open floor plan filled with natural light and cross breezes throughout the day. The house has been extensively renovated throughout. Updates include new roof/solar, updated plumbing, new premium laminate and hardwood flooring throughout, earth-toned clay-fired tiling, white soft-close cabinets, countertops, stainless steel appliances, many of the windows and more. Parcel 2: The second parcel (~15,600 sq ft) is an unimproved, buildable lot situated directly behind Parcel 1. Based upon an architectural feasibility study, the lot can currently accommodate three income producing structures as follows: A two-story single-family home (~3,000 sq ft), A 'regular' accessory dwelling unit ("ADU"), and A 'junior' ADU More information can be found in the feasibility study diagrams & Virtual Tour (or "more") link. * The home was originally designed/permitted as a 3 bedroom/ 2 bathroom and functionally remains as one. To maximize the space and flow of the house, access to the 2nd bathroom was altered from the common area hallway and is now directly accessible through the "3rd bedroom"/ mudroom/ office. The property description provided are for general information purposes only and are not intended to be a complete representation of the property.
Location
State CA
County Ventura
Zoning R1-6
Interior
Interior Features Open Floorplan, Pantry, Storage, Unfurnished, Wet Bar, Built-In Trash/Recycling, Kitchen Island, Kitchen Open to Family Room, Remodeled Kitchen, Stone Counters
Heating Wall Furnace
Cooling None
Flooring Laminate, Wood
Fireplaces Type None
Laundry Dryer Included, Gas Dryer Hookup, Individual Room, Washer Included
Exterior
Garage Spaces 2.0
Pool None
Community Features Suburban
View Y/N No
View None
Building
Lot Description Level
Sewer Public Sewer