880 Lemon Grove Avenue
Ventura, CA 93003
$200,000.00 (-12.54%)
Active for $1,395,000
Beds: 2 Baths: 2 Structure Size: 1,692 sqft Lot Size: 7,405 sqft
| MLS | TR24166425 |
| Year Built | 1949 |
| Property Type | Single Family Residence |
| County | Ventura |
| Status | Active |
| Active | $1,395,000 |
| Structure Size | 1,692 sqft |
| Lot Size | 7,405 sqft |
| Beds | 2 |
| Baths | 2 |
Description
2 Parcels / APNs for, essentially, the price of one: This could be the most unique property in Midtown Ventura, CA and possibly all of Ventura. It's perfect for an investor/developer/individual capable of realizing its development potential (see feasibility study). Rent out or live in the house while developing the potential of the rear 2nd parcel. Parcel 1: The first parcel (~7,508 sq ft) features a beautifully renovated single-story bungalow home and a detached garage. The home has an open floor plan filled with natural light and cross breezes throughout the day. The house has been extensively renovated throughout. Updates include new roof/solar, updated plumbing, new premium laminate and hardwood flooring throughout, earth-toned clay-fired tiling, white soft-close cabinets, countertops, stainless steel appliances, many of the windows and more. Parcel 2: The second parcel (~15,600 sq ft) is an unimproved, buildable lot situated directly behind Parcel 1. Based upon an architectural feasibility study, the lot can currently accommodate three income producing structures as follows: A two-story single-family home (~3,000 sq ft), A 'regular' accessory dwelling unit (“ADU”), and A 'junior' ADU More information can be found in the feasibility study diagrams & Virtual Tour (or “more”) link. * The home was originally designed/permitted as a 3 bedroom/ 2 bathroom and functionally remains as one. To maximize the space and flow of the house, access to the 2nd bathroom was altered from the common area hallway and is now directly accessible through the “3rd bedroom”/ mudroom/ office. The property description provided are for general information purposes only and are not intended to be a complete representation of the property.
Listing information courtesy of: Jonathan Minerick, Homecoin.com 888-400-2513. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Mindy Ambriz
REALTOR®
Direct: 818.564.1383
Email: Email Me
DRE: 02181681
DRE #01873088
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