1125 Montauk Lane Ventura, CA $ 1,850,000
1125 Montauk Lane
$ 1,850,000
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1125 Montauk Lane

Ventura, CA, 93001
$ 1,850,000
Baths1.0 Sq 2,101

Monthly Estimate*

$ 12,923

Listed by Marcus & Millichap
1125 Montauk Lane, Ventura, CA 93001 - Image 1
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1125 Montauk Lane, Ventura, CA 93001 - Image 8
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Studio

Multi-Family Home for sale in Ventura, CA

for $1,850,000 with 1 full bath. This 2,101 square foot home was built in 1964 on a lot size of 0.0829.

We are pleased to present 1124 Montauk Lane, a charming two-story beachside duplex located just steps to the sand in Ventura, CA. Built in 1964, the property consists of a two-bedroom/one-bathroom downstairs unit and a three-bedroom/two-bathroom upstairs unit. The upstairs unit features vaulted beamed ceilings with a spacious layout with plenty of natural lighting and two balconies with stunning ocean views. The downstairs unit features direct access to a large backyard area. The 2,101 sf building sits on a 3,611 sf lot.This property is excellent for an owner-user looking for a permanent residence or vacation home while using existing rental income to subsidize the mortgage payment. Alternatively, this property offers a new investor the opportunity to renovate units, building exterior and backyard area in order to maximize rental income as current rents are approximately 52% under market. Located just 5 lots to the beach, 1124 Montauk Lane is situated just off bustling Seaward Avenue which features coffee shops, restaurants and chic retail. The property is also just two blocks from the Marina Village Shopping Center which has additional restaurants, retail and a large Vons supermarket and pharmacy. 1124 Montauk Lane is conveniently located just off the 101 freeway providing easy access to job centers of Downtown Ventura, Oxnard, Camarillo and Santa Barbara.

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Multi-Family Active

Price

$ 1,850,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0829

Year Built

1964

Town/City

Ventura

County/Region

Ventura

MLS | Web ID

24384267

Days on Market

10

Features
General
Heating WallFurnace
Cooling None
Zoning R2B
Year Built 1964
Stories 2
Levels Two
Gross Income 74400.0
County Ventura
Net Operating Income 44359.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions 1 block north of Seaward Ave in between Pierpoint Blvd and the beach.
City Ventura
View Y/N N
Senior Community Y/N N
Total Units 2
MLS Area VC23 - Ventura Beach S. of Ventura River to S.C.
Lot Size Square Feet 3610.0
Private Pool N
Waterfront Y/N N
Carport Y/N Y
Street Name Montauk
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 8
Standard Status Active
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Exterior
Parking Features Carport
Total Parking 0.0
Lot Size Area 3610.0
Number of Buildings 1
Spa N
Building Area Total 2101.0
Lot Size Acres 0.0829
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Lane
Total Bedrooms 0
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 1125
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* Excluded Features
List By
Marcus & Millichap

Broker

(818) 212-2738

Phone

Affordability Calculator

$12,923
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,923
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2024$1,850,000 Listed Price

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1125 Montauk Lane, Ventura, CA, 93001 is a Multi-Family Home for sale at $1,850,000 with 2,101 sqft and a lot size of 0.0829. 1125 Montauk Lane is a studio with 1.0 baths and was built in 1964. The property's zip code is 93001 which is in Ventura, CA