Real Investments is pleased to announce a Fully-Entitled 12-Unit Development for Sale in Ventura, CA. $1,595,000.00
A unique opportunity to join the development activity in Ventura. Expand your residential investment portfolio with this amazingly designed 12-unit on the thriving Thompson Blvd development scene of Ventura. Fully Entitled as of May 2021 - Entitlements expire May of 2023. 12-unit building with approx. 11,720 sf leasable units, 13,515 sf corner lot, 23 parking spaces on ground level subterranean garage with ADA parking, bike rack area, elevator, open courtyard, BBQ area and patio with ocean view. Existing Bldg., approx. 2,980 sf with income until you break ground. Existing Zoning: Commercial. Comprehensive Land Use Designation: T4. Environmental Clearance report, Complete Architectural drawings with 23 parking spaces, including 16 on surface subterranean and 7 spaces in back alley. Survey report, Soil Report, Landscaping plan. The project’s ability to comply with the MS4 City requirements. Only one Affordable Housing Unit. Sewer and water availability report and approval. Great units mix of 1, 2 and 3 BR penthouse, 860sf to 1,480sf units including 2 work/ live at the front of Thompson Blvd. Midtown location, 1.5 miles from Downtown Ventura & Pacific View Mall, 3/4 miles to the ocean. Total building size is approx. 19,975 SF, leasable SF is approx. 11,720 SF. See attached Unit-Tabulation of unit mix and Projected Rents. Send email to [email protected] for the NDA via Docusign to access Sellers Disclosures via Dropbox: Full plan renderings, entitlement information, reports, working drawing proposal, unit-tabulation, existing tenant status and more!
NDA Required. Send email to [email protected] for the NDA via Docusign to access Sellers Disclosures via Dropbox: Full plan renderings, entitlement information, reports, working drawing proposal, unit-tabulation, existing tenant status and more!
Michael and Steve strive for win-win negotiations to manage your investments. They possess a unique understanding of commercial real estate business potential and limitations in the area. Great staff. Ask for Gabby or Kat, excellent customer service.
I was extremely impressed by the resourcefulness that the Real Investments team brought to my project. From the office staff to brokers, there was a consistent effort to bring new value to my property and I'm glad to be working with Michael and his team!
Real Investments provides a unique set of services in a fast growing and dynamic market. Their property management has increased the value and curb appeal through practical decisions made by their team. If you are considering a property management company, Real Investments is it!