
Ventura, California 93001
This Turnkey Residential Income Triplex is a Strong Value Opportunity, listed at $2,300,000—positioned well below the $2,317,482 Fair Market Value by 0.75%. Featuring a Mint Condition Rating with high-end quartz finishes and private garages, this property offers immediate rental appeal in the coveted Pierpont beach community. With proximity to top-rated schools like Pierpont Elementary, this asset balances coastal lifestyle with financial stability. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, income-generating coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 934 Sharon Lane Subject | $2,300,000* List Price | 0 | 0 | 3,161 | $733 | - |
A 950 Seaside Court Active | $1,995,000 List Price | 5 | 4 | 2,888 | $691 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1928, the property has undergone a comprehensive top-to-bottom renovation within the last 5 years. It features a newer roof, updated heating units, and completely remodeled kitchens and bathrooms with quartz countertops, stone surrounds, and modern fixtures. The interior is in mint condition with new wood flooring and designer finishes throughout.
Situated just steps from the sand and adjacent to the state park in Ventura's coveted Pierpont beach community, offering unparalleled access to the ocean and coastal amenities.
The property has been impeccably updated from top to bottom with high-end finishes, including quartz countertops, wood flooring, and a newer roof, minimizing immediate capital expenditure.
This triplex features flexible floor plans that allow living rooms to serve as second bedrooms, plus private garages for each unit, making it ideal for 1031 exchanges or owner-occupants.
The property was recently sold within the past year on 2026-02-18. The sold price is $1,500,000.00.
At a $2.3 million list price for three 1-bedroom units, the high cost per door may result in a lower initial capitalization rate for yield-focused investors.
The 3,484 square foot lot is relatively compact for a multi-unit property, which limits private outdoor space and restricts any future expansion of the building footprint.
A truly exceptional and rarely available investment opportunity in Ventura's coveted Pierpont beach community. Perfectly positioned just steps from the sand and adjacent to the state park, this impeccably renovated triplex offers an extraordinary blend of coastal living, timeless design, and enduring investment value.Each of the three residences features 1 bedroom and 1 bathroom, complemented by expansive living rooms with closets that offer the flexibility for usage as a second bedroom or home office. Every unit includes its own private garage access to laundry facilities-- providing a level of comfort and convenience rarely found in investment properties.Thoughtfully renovated from top to bottom, the property showcases wood flooring throughout, a newer roof, fresh designer-inspired interior and exterior paint, contemporary garage doors, beautifully renovated kitchens with quartz countertops and warm maple-toned cabinetry, updated heating units, and elegantly remodeled bathrooms featuring full-height stone surrounds, custom-style vanities, modern fixtures, and refined finishes. Every improvement reflects exceptional craftsmanship and meticulous attention to detail.Outside, a lushly landscaped yard creates a private coastal retreat, complete with an inviting hardscape patio--an ideal setting for entertaining, gathering around a fire pit, or simply enjoying Ventura's year-round ocean breezes and spectacular summer evenings.Whether you're seeking a premier 1031 exchange opportunity, a luxury coastal investment with strong rental appeal, or the flexibility to owner-occupy while generating income, this exceptional property offers a wealth of possibilities. Convenient freeway access, ample street parking along both Pierpont Boulevard and San Pedro Street, and an unbeatable location surrounded by beaches, parks, and scenic coastal amenities complete this rare offering in one of Ventura's most desirable seaside neighborhoods.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.5 |
| Square foot | 3,161 | 2,071 |
| Lot Size | 3,484 | 8,100 |
| Price | $2.30M | $1.23M |
| Price per sq ft | $728 | $550 |
| Built year | 1928 | 1963 |
| HOA | $0 | $0 |
| Days on market | 3 | 121 |
Jul 19, 2026
$2,300,000
Initial Listing
Feb 18, 2026
$1,500,000
Public Record