Sold for $1,550,000

Listed by: Ventura Real Estate Company • Troy Erickson • 805-804-7808

Bought with: BHHS California Properties

$1,550,000

478-482 S Arcade Dr, Ventura, CA 93003

8beds

3,760sqft

Triplex

Built in 1925

-- sqft lot

$1,702,300 Zestimate^®

$412/sqft

$2,915 Estimated rent

Home value

$1,702,300

$1.53M - $1.89M

$2,915/mo

Zestimate^® history

Owner options

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$2,915/mo

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$2,915/mo

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$9,855/mo

Est. payment

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$9,855/mo

Est. payment

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What's special

PLEASE DRIVE BY ONLY, DO NOT DISTURB TENANTSWonderful investment opportunity situated in a prime location in the heart of San Buenaventura near Shops, Restaurants, Downtown, and only ONE mile from Ventura's Historic Beaches and Pier. The spacious Front House is nearly 1900 Sq Ft with 4 Bedrooms and 3 Bathrooms that has been nicely upgraded and includes a Spiral Staircase. The back units include a 2 Bd 1.5 Bath 2 story that has been tastefully upgraded with it's own garage and laundry facility and includes a yard with direct access to the garage. The other unit is 2 Bedrooms and 1 Bath all upstairs with a deck to enjoy Ocean Views and Breezes. This property is fully occupied with long term tenancy presenting an immediate income opportunity. This property is a wonderful investment opportunity, whether you're looking to expand your portfolio or invest in a piece of California Living, 478 Arcade offers upside potential in rents and a steady income stream.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 6
Full bathrooms: 5
1/2 bathrooms: 1

Rooms

Room types: Family Room, Kitchen, Living Room

Heating

Electric, Natural Gas

Cooling

None

Appliances

Laundry: Inside

Features

Flooring: Carpet, Laminate
Has fireplace: Yes
Fireplace features: Gas
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 3,760 sqft

Property

Parking

Total spaces: 3
Parking features: Driveway
Attached garage spaces: 3

Accessibility

Accessibility features: Parking

Features

Levels: Two
Stories: 2
Patio & porch: Deck
Pool features: None
Spa features: None
Fencing: Block
Has view: Yes
View description: Coastline
Has water view: Yes
Water view: Coastline

Lot

Size: 8,051 Square Feet
Features: Sprinklers None

Details

Parcel number: 0750161390
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Roof: Shingle

Condition

New construction: No
Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Biking, Street Lights, Sidewalks

Location

Region: Ventura

Financial & listing details

Price per square foot: $412/sqft
Date on market: 8/1/2024
Cumulative days on market: 15 days
Listing terms: Cash,Conventional,1031 Exchange

Price history

Date	Event	Price
9/5/2024	Sold	$1,550,000-3.1%$412/sqft
Source: CRMLS #V1-24956 Report a problem
9/3/2024	Pending sale	$1,600,000$426/sqft
Source: CRMLS #V1-24956 Report a problem
8/16/2024	Contingent	$1,600,000$426/sqft
Source: CRMLS #V1-24956 Report a problem
8/1/2024	Listed for sale	$1,600,000$426/sqft
Source: CRMLS #V1-24956 Report a problem