Ad #7488145
MLS #26670433
This value-add investment opportunity offers the potential to
176 W Ramona St, Ventura, CA 93001
$5,090,000
32Beds
16Baths
--Sqft
0.51Acres
About this property
This value-add investment opportunity offers the potential to build approximately four additional ADUs by right on a spacious 22,214 sq. ft. lot, providing significant future upside. The property consists entirely of two-bedroom, one-bathroom units, with 8 of the 16 units already completely gut renovated featuring new kitchens and bathrooms, updated flooring, recessed lighting, modern fixtures, and stainless steel appliances. The asset is spread across three separate structures and includes on-site laundry as well as a landscaped outdoor area for tenants to enjoy. Ideally located approximately one mile from Downtown Ventura and just 2.5 miles from the beach, the property sits in the historic Ventura Avenue district and is surrounded by several pending development projects. Ventura is currently experiencing a severe shortage of workforce housing and competing rental inventory, while most new developments in the area are luxury-oriented and command premium rents. The property is subject to California State Rent Control, which currently allows for annual rent increases of up to 7.7% in Ventura, providing investors with steady income growth potential.
Property Features
32 Beds
16 Baths
0 Sqft
Built in 1974
0.51 Acres
2 Stories
Covered
Ventura County
Additional Photos
Contact Information
Zachary Freehling
KELLER WILLIAMS BEVERLY HILLS REALTY
310-592-0833
Location
Listing Agent: Zachary Freehling (License #: 01879326) 310-592-0833
Broker: KELLER WILLIAMS BEVERLY HILLS REALTY 310-432-6400 Listing Site
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: KELLER WILLIAMS BEVERLY HILLS REALTY 310-432-6400 Listing Site
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
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$5,090,000
32
Beds
16
Baths
--
Sqft
176 W Ramona St, Ventura, CA 93001
By contacting this agent you agree to these Terms and Conditions.
MLS# 26670433
This value-add investment opportunity offers the potential to
$5,090,000
176 W Ramona St, Ventura, CA 93001
32
Beds
16
Baths
--
Sqft
0.51
Acres
$5,090,000
176 W Ramona St, Ventura, CA 93001
32 Beds
16 Baths
-- Sqft
0.51 Acres
This value-add investment opportunity offers the potential to build approximately four additional ADUs by right on a spacious 22,214 sq. ft. lot, providing significant future upside. The property consists entirely of two-bedroom, one-bathroom units, with 8 of the 16 units already completely gut renovated featuring new kitchens and bathrooms, updated flooring, recessed lighting, modern fixtures, and stainless steel appliances. The asset is spread across three separate structures and includes on-site laundry as well as a landscaped outdoor area for tenants to enjoy. Ideally located approximately one mile from Downtown Ventura and just 2.5 miles from the beach, the property sits in the historic Ventura Avenue district and is surrounded by several pending development projects. Ventura is currently experiencing a severe shortage of workforce housing and competing rental inventory, while most new developments in the area are luxury-oriented and command premium rents. The property is subject to California State Rent Control, which currently allows for annual rent increases of up to 7.7% in Ventura, providing investors with steady income growth potential.
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Property Details
HOME DETAILS
32 Beds
16 Baths
0 Sqft
Built in 1974
0.51 Acres
2 Stories
EXTERIOR
Covered
FINANCIAL & COMMUNITY
Ventura County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7488145
Viewed
169 times
Listing Status
Active
Added
Mar 27, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
The MLS/CLAW
Source Property ID
26670433
Listing Agent: Zachary Freehling (License #: 01879326) 310-592-0833
Broker: KELLER WILLIAMS BEVERLY HILLS REALTY 310-432-6400 Listing Site
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: KELLER WILLIAMS BEVERLY HILLS REALTY 310-432-6400 Listing Site
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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