
Ventura, California 93001
This High-Potential Investment Opportunity is a turnkey coastal triplex listed at $2,195,000, positioned slightly above the $2,174,475 Fair Market Value. Featuring an Excellent Condition Rating with recent renovations including quartz countertops and updated heating, this asset offers immediate rental stability with a potential gross income of $11,000 per month. Its prime Pierpont location, steps from the sand and near top-rated schools, ensures long-term demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking supplemental income in a premier beach community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 934 Sharon Lane Subject | $2,195,000* List Price | 3 | 3 | 3,161 | $688 | - |
A 950 Seaside Court Active | $1,799,000 List Price | 5 | 4 | 2,888 | $623 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Extensively renovated coastal triplex in mint condition. Features include a newer roof, updated heating, and modern interior finishes such as wood flooring, quartz countertops, and remodeled bathrooms. The property is turnkey and meets the criteria for a recent high-end renovation under 5 years old.
The property has undergone extensive updates including a newer roof, remodeled kitchens with quartz countertops, and updated bathrooms, offering a move-in ready investment with minimal immediate capital expenditure.
Situated in the highly desirable Pierpont community just steps from the sand and adjacent to a state park, this location ensures high tenant demand and long-term appreciation potential.
With a potential gross rental income of approximately $11,000 per month and three separate garages, this triplex provides a robust cash-flow opportunity for investors or owner-users.
The property was recently sold within the past year on 2026-02-18. The sold price is $1,500,000.00.
All three residences are 1-bedroom, 1-bathroom units, which may limit the tenant pool to individuals or couples and exclude families seeking more traditional multi-bedroom layouts.
Originally constructed in 1928, the property may carry higher insurance premiums or require specialized maintenance associated with older structures, despite the recent cosmetic and functional renovations.
NEW PRICE | Exceptional Pierpont Investment Opportunity! Now offered at $2,195,000, this extensively renovated coastal triplex presents a rare opportunity to acquire a turnkey income property with approximately $11,000 per month in potential gross rental income. Three separate residences, three garages, and an exceptional location just steps from the sand create a compelling opportunity for investors, 1031 exchange buyers, or an owner-user seeking income and long-term value in one of Ventura's most desirable beach communities.Perfectly positioned adjacent to the state park and moments from the beach, the property blends coastal living with thoughtful, extensive renovations. Each of the three residences features 1 bedroom and 1 bathroom, plus an expansive living room with a closet offering flexible use as additional sleeping space, a home office, or bonus area.Extensively renovated throughout, highlights include wood flooring, a newer roof, fresh interior and exterior paint, updated heating, contemporary garage doors, remodeled kitchens with quartz countertops, and beautifully updated bathrooms with refined modern finishes.Lush landscaping and an inviting hardscape patio create a private coastal retreat ideal for entertaining or simply enjoying Ventura's year-round ocean breezes.With strong rental potential, multiple income streams, and an exceptional Pierpont location, this property offers a compelling combination of lifestyle and investment value--ideal for a 1031 exchange, long-term investment, or owner-user seeking supplemental income.
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 | 3.0 | 4.0 |
| Baths | 3.0 | 3.5 |
| Square foot | 3,161 | 2,007.222 |
| Lot Size | 3,484 | 7,965 |
| Price | $2.19M | $1.17M |
| Price per sq ft | $694 | $577 |
| Built year | 1928 | 1959 |
| HOA | $0 | $0 |
| Days on market | 18 | 121 |
Aug 29, 2026
$2,195,000
$2,300,000
-5% Price Drop
Initial Listing
Aug 22, 2026
$2,300,000
Initial Listing
Feb 18, 2026
$1,500,000
Public Record