168 S Palm Street, Ventura, California 93001, Ventura, 93001 - 0 bed, 0 bath
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Ventura, California 93001
This Versatile Multi-Unit Residential Asset is listed at $1,650,000—positioned well below the $1,677,000 Fair Market Value by 1%. This valuation gap offers $27,000 in Instant Equity. Meticulously renovated in 2015, the property maintains a Condition Rating of 2 and features a Gourmet Kitchen, Detached ADU, and Private Patios. Located near Lincoln Elementary and Cabrillo Middle School, the property offers superior unit density compared to local inventory. This is a strategic acquisition for Owner-Occupants or Buy-and-Hold Investors.
Property is new construction or fully renovated.
Despite being built in 1885, this property underwent a meticulous and extensive renovation in 2015, which included updating plumbing, electrical, roofing, insulation, windows, paint, and all interior finishes. The main residence features a gourmet kitchen with modern white shaker cabinets, stainless steel appliances, elegant stone countertops, and a subway tile backsplash. Bathrooms are spa-inspired with contemporary vanities and tiling. Wood-like flooring is consistent throughout, and all fixtures appear new or virtually new. The attached guest quarters and detached ADU also boast modern kitchens/kitchenettes and updated bathrooms, reflecting a high standard of quality and minimal physical depreciation, making it feel like a recently built or fully renovated home.
The property features an attached guest quarters and a detached 1-bedroom ADU, offering significant flexibility for multi-generational living, rental income generation, or dedicated home office spaces.
Situated in the heart of downtown Ventura, the property boasts an enviable location just minutes' walk to the beach and a short stroll to top restaurants and breweries, enhancing lifestyle and investment appeal.
Meticulously renovated in 2015, the property benefits from updated plumbing, electrical, roofing, insulation, windows, and all interior finishes, providing modern comfort while preserving historic charm.
Despite its proximity to the beach, the property explicitly states 'view: None,' which may be a drawback for buyers seeking ocean or significant scenic vistas.
Being in the 'heart of downtown' can expose residents to increased street noise, foot traffic, and potentially less privacy compared to properties in more secluded residential areas.
The local public school ratings range from 2 to 6, which, while acceptable, may not meet the expectations of buyers specifically prioritizing top-tier educational institutions.
Historic charm in the heart of downtown Ventura! Originally built in 1885, 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 3 bedrooms and 2 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 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 2% |
| Baths | 0.0 | 2.0 | 2% |
| Square foot | 1,960 | 1,705 | 62% |
| Lot Size | 5,662.8 | 5,445 | 56% |
| Price | $1.65M | $1.46M | 61% |
| Price per sq ft | $842 | $768 | 56% |
| Built year | 1885 | 1965 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 181 | 18% |
Feb 3, 2026
$1,650,000
Initial Listing
Oct 16, 2015
$1,000,000
Public Record
Jun 13, 2014
$335,000
Public Record