168 S Palm Street, Ventura, California 93001, Ventura, 93001 - 4 bed, 3 bath
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Ventura, California 93001
This Versatile Multi-Unit Property represents a High-Potential Investment Opportunity, listed at $1,599,000—positioned slightly above the $1,566,412 Fair Market Value. Featuring a Good Condition Rating following a comprehensive 2015 renovation, the asset includes a main residence, attached guest quarters, and a legal detached ADU. With High-End Interior Finishes and a prime location near downtown Ventura and the beach, this property is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking rental income to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 168 S Palm Street Subject | $1,599,000* List Price | 4 | 3 | 1,960 | $762 | - |
A 168 S Palm Street Active | $1,599,000 List Price | 0 | 0 | 1,960 | $816 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property underwent a comprehensive renovation in 2015 (approximately 11 years ago), which included updating all major systems such as plumbing, electrical, and roofing. The kitchen and bathrooms feature modern finishes, stone countertops, and stainless steel appliances. It is well-maintained and move-in ready, fitting the 5-15 year renovation criteria for a Good rating.
The property features a main residence, attached guest quarters, and a fully legal detached ADU, providing exceptional flexibility for rental income, multi-generational living, or an owner-user setup.
Despite its historic 1885 origins, the property underwent a meticulous 2015 renovation covering all major systems including plumbing, electrical, roofing, and high-end interior finishes, offering modern reliability.
Situated in a historic downtown neighborhood, the home is within walking distance to the beach and Ventura's premier dining and brewery scene, ensuring high demand and a desirable lifestyle.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
With three separate living units situated on a 5,662-square-foot lot, the outdoor space is divided and may feel constrained for buyers seeking a traditional large private yard.
The assigned local elementary schools carry lower ratings (2 and 4), which may be a drawback for families prioritizing high-performing public educational districts.
Welcome to 168 & 164 South Palm St! ADU is now fully legal w/ City of Ventura. This single-family home w/attached guest quarters and 1 bd detached ADU was meticulously renovated in 2015. Plumbing, electrical, roofing, insulation, landscape/hardscape, windows, paint, and all interior finishes were updated. Offering exceptional flexibility, this versatile property is ideal for investors, owner occupants seeking rental income, or multi-generational living. Located in one of downtown's most historic neighborhoods, you're just minutes' walk to the beach and a short stroll to the top restaurants and breweries. Featuring 4 bedrooms and 3 baths plus a covered porch, the main residence offers an inviting open floor plan complete with high ceilings. Highlights include a gourmet kitchen w/ stainless steel appliances, elegant stone countertops, spa-inspired bathrooms, and wood like flooring throughout. The attached guest quarters includes a kitchenette with mini fridge and microwave, wood like flooring, remodeled bath, closet, and private outdoor space. The detached ADU, newly constructed in 2015 & and recently upgraded, offers a full kitchen, modern bath, spacious bedroom, and plenty of storage space. Private outdoor areas for the main home and guest quarters, three off-street parking spaces, and low-maintenance landscaping complete the property. Don't miss this rare opportunity!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,960 | 1,577 |
| Lot Size | 5,662.8 | 6,412 |
| Price | $1.60M | $966.0K |
| Price per sq ft | $816 | $611 |
| Built year | 1885 | 1965 |
| HOA | $0 | $246 |
| Days on market | 49 | 53 |
Jun 3, 2026
$1,599,000
Initial Listing
Oct 16, 2015
$1,000,000
Public Record
Jun 13, 2014
$335,000
Public Record