$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 #TR24166425
Price change
$1,395,000
-12.54%
08/13/2024
CRMLS #TR24166425
Listed
$1,595,000
Schools & Community
Neighborhood:
Midtown
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Suburban
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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