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$1,395,000

Beds
2
Baths
2.0
sq ft
1,692

880 Lemon Grove Ave, Ventura, CA 93003

880 Lemon Grove Ave

Ventura, CA 93003

  • 101 days on market
    • Price drop $200,000↓
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.

Details

Property type

Single Family Residence

Lot size

7,405 sq ft

Price per sq ft

$825

Year built

1949

HOA

No

Price History

11/16/2024
CRMLS

CRMLS #TR24166425

Price change
$1,395,000
-12.54%
08/13/2024
CRMLS

CRMLS #TR24166425

Listed
$1,595,000

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

High school district: 

Ventura Unified

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Status: Active

Tomo last checked: 11/22/2024 at 8:55 AM

Listing updated: 11/16/2024 at 1:44 PM

Listed by: Jonathan Minerick, Homecoin.com Phone #: (888) 400-2513

MLS: CRMLS #TR24166425

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