Property Detail

Description

Rare Four-Unit Income Opportunity on an 11,325 SF Lot in the Heart of Ventura!Discover an exceptional opportunity offering flexibility, income potential, and long-term value. Whether you're looking to live in one unit while offsetting your housing costs with rental income, expand your investment portfolio, or create a multigenerational living setup, 65-73 College Drive offers possibilities that are hard to find.The property features an updated front duplex plus two detached ADUs completed in 2022, providing four separate residences with a combined total of 7 bedrooms and 6 bathrooms.The front duplex includes one 1-bedroom/1-bath unit and one 2-bedroom/1-bath unit, along with an attached two-car garage and a spacious shared patio area. Unit #65 features dual-pane windows, ceiling fans, an open kitchen with a tile backsplash and breakfast bar, plus an updated bathroom with tile flooring, recessed lighting, a tiled walk-in shower, and a newer water heater.The two detached ADUs, Units #71 and #73, were built in 2022 and each feature 2 bedrooms and 2 bathrooms. Both offer thoughtfully designed open floor plans with vaulted ceilings, recessed lighting, dual-pane windows, walk-in closets, bidets, separate laundry rooms, and outdoor areas enhanced by flagstone walkways and mature trees.The property has undergone substantial improvements, including updated electrical panels and meters in 2022, plumbing improvements, exterior paint, gutter upgrades, and underground drainage. Each residence has its own gas and electric meter, while water and sewer are shared. Additional features include a storage shed and mature Hass avocado, lemon, and orange trees on the property.Conveniently located near Pacific View Mall, Target, restaurants, schools, Starbucks, shopping, and everyday amenities, this property puts you close to everything Ventura has to offer. Enjoy easy access to the beach, hiking trails, the freeway, and Downtown Ventura, with dining and entertainment nearby, making this an ideal location for both everyday living and investment appeal. 65-73 College Drive is more than an investment property; it's an opportunity to create income, flexibility, and long-term value, all in one exceptional Ventura property. Four residences, newer construction, private outdoor spaces, and multiple ways to make this property work for you!