
Ventura, California 93001
This Turnkey Modernized Triplex is a High-Potential Investment Opportunity, listed at $2,495,000—positioned above the $2,323,122 Fair Market Value. While priced at a premium, the property features a Mint Condition Rating following a 2023 full renovation, including upgraded electrical and plumbing. With three standalone cottages on a 10,000 SF lot, it offers rare flexibility for short-term rentals or owner-occupancy. Its proximity to Ventura’s beaches and vibrant downtown makes this a premier asset for Buy-and-Hold Investors or Owner-Occupants seeking a high-end coastal lifestyle with immediate income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 142 S Ann Street Subject | $2,495,000* List Price | 6 | 3 | 2,080 | $1,117 | - |
A 1106 E Santa Clara Street Active | $2,495,000 List Price | 7 | 3 | 2,700 | $924 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property was completely reimagined and renovated in 2023, featuring modern kitchens, updated bathrooms, and new interior finishes. The renovation included critical system upgrades to electrical and plumbing, and the exterior landscaping and structures are in mint condition, requiring no immediate maintenance.
Fully reimagined in 2023, the property features upgraded electrical, plumbing, and high-end interior finishes across three standalone cottages, offering immediate rental readiness with no deferred maintenance.
The expansive 10,000 SF lot includes a gated rear yard and seven on-site parking spaces, providing rare flexibility for future development or additional storage in a dense coastal market.
Situated moments from Ventura’s beaches, the pier, and Main Street’s vibrant dining scene, the property is perfectly positioned to command premium rates for both short-term and long-term stays.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10000, other record lot size in square feet = 9583.
At a list price of $2.495M for approximately 2,080 square feet of living space, the property carries a significant premium that may challenge traditional cap rate expectations for some investors.
Despite the extensive 2023 renovations, the 1918 original construction may still present long-term maintenance requirements and insurance complexities inherent to historic coastal bungalows.
The Birdbath Bungalows at 142-146 S Ann St is a rare collection of three thoughtfully renovated standalone cottages nestled within one of Ventura's most sought-after coastal neighborhoods. Reimagined in 2023, the property combines classic beach bungalow charm with modern functionality through extensive improvements including upgraded electrical and plumbing systems, renovated interiors, in-unit laundry, inviting front porches, lush landscaping with automated irrigation systems, gas-grounded fire pits, and private outdoor living areas for each residence.Situated on an 10,000 SF lot, the property consists of (2) 2-bedroom/1-bathroom cottages and (1) 1-bedroom/1- bathroom cottage, each with its own entrance and yard, creating privacy and separation from the other residences. The property also features seven on-site parking spaces accessed via an alley, and a separately gated yard at the rear of the site providing space for continued storage or future development potential.Just moments from Ventura's beaches, pier, neighborhood cafes, and the vibrant shops and restaurants along Main Street, The Birdbath Bungalows offers an exceptional coastal lifestyle in an unbeatable location. The property currently operates through a combination of nightly and short-term stays, which presents a buyer with immediate flexibility to continue with shorter-term stays, transition the residences to long-term market-rate rentals, or owner-occupy one cottage while generating income from the remaining residences.
No exterior & parking available.
Grades K-5 • 0.0 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 3.0 | 3.5 |
| Square foot | 2,080 | 2,007.222 |
| Lot Size | 10,000 | 7,965 |
| Price | $2.50M | $1.17M |
| Price per sq ft | $1.2K | $577 |
| Built year | 1918 | 1959 |
| HOA | $0 | $0 |
| Days on market | 21 | 121 |
Aug 19, 2026
$2,495,000
Initial Listing
Apr 12, 2022
$1,440,000
Public Record