Commercial: MLS #0026641603 Ventura, CA $ 1,895,000
Commercial: MLS #0026641603
$ 1,895,000
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Commercial: MLS #0026641603

Ventura, CA, 93001
$ 1,895,000
Bedrooms-- Baths--

Monthly Estimate*

$ 11,668

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Commercial Property for sale in Ventura, CA

for $1,895,000. This building was built in 2022 on a lot size of 0.179798.

Richard Orne, Architect | Garden Street Studios | Dual Zoned (Commercial and Residential) Live/Work Art Compound. Escape the pressures of big city life for this unique live/work art compound less than a mile from the beach in downtown Ventura. At the confluence of Main Street and Ventura Avenue, this property is ideally suited to take advantage of the many delicious restaurants, cozy boutiques, public parks, and hiking trails that make this small city such a charming place to live. Bike paths nearby go up and down the coast, inland to Ojai and Pine Mountain, and beyond. Here you can let your guard down: your shoulders relax, it's easy to find parking, and a friendly greeting from passersby is common in this pedestrian-friendly community. In a quiet neighborhood, with an existing mix of multi-unit residential, commercial, artists' studios, and light industry, on a two-block long street with no through traffic, the architect has created a compelling environment for living and working in community. Legally zoned for both commercial and residential purposes, four separate structures on the property allow for a variety of live/work configurations. On one hand, the combination provides an outstanding single-family alternative, with four bedrooms, four bathrooms, and three additional studio spaces, each with its own powder room. On the other hand, the property represents a unique investor opportunity as fully-rentable income property. Each unit has its own individual utility metering, with the possibility of as many as seven different tenants, and all units will be delivered vacant at closing. Finally, as a commercial property, the individual spaces could be used for storefront, office, creative, fabrication, or retail purposes. The permutations and possibilities are virtually endless. The architecture itself is quite exciting, with a vintage 1920s bungalow in back and three new stand-alone structures in front, each with a one-bedroom apartment upstairs and a studio space downstairs, and lushly-landscaped outdoor gardens and courtyards in between. The cantilevered orthogonal volumes, exposed structural steel, corrugated metal cladding, and ribbon window system are evocative of the Case Study House program, enhanced for contemporary living. Inside, a restrained palette of materials enlivens interactions, with sliding polycarbonate panels, polished concrete and colorful Marmoleum floors, and operable windows for cross breezes and views of nearby hills and snowcapped mountains beyond. The original bungalow has been completely renovated from top to bottom, with metal board-and-batten siding in dialogue with the front buildings, cork floors, all new finishes, covered decks, and French doors opening onto a private outdoor patio. Original 1924 Bungalow in back has been fully renovated (1 BD, 1 BA, 678 SF); Three new structures built in 2022 each have an apartment upstairs (1 BD, 1 BA, 638 SF) plus a studio/workshop/second bedroom downstairs (1 BD, 1/2 BA, 377 SF), for a total of 1,015 SF each. 4 Separately-Metered Addresses, 7 Units | 4 Bedrooms, 3 Studios | 7 Bathrooms | 3,723 Square Feet | 7,840 SF Lot.

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Commercial Active

Price

$ 1,895,000

Property Type

Commercial

Taxes

$ 0

Style

Multi Family

Lot Size

0.179798

Year Built

2022

Town/City

Ventura

County/Region

Ventura

MLS | Web ID

0026641603

Features
General
Zoning MXD
Year Built 2022
Property Subtype Multi Family
Tax Year 2026
Business Type Retail
Building Name Garden Street Studios
County Ventura
Net Operating Income 117478.0
Property Type F
Status Active
City Ventura
MLS Area West of California to City Limits
Standard Status Active
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Exterior
Lot Size Area 7840.0
Lot Dimensions 44 x 178
Lot Size Source Assessor
Land Lease Type Fee
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Interior
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Total Baths 0
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* Excluded Features
List By
Brian Linder

Listing Agent

Compass

Broker

Affordability Calculator

$11,668
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,668
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/22/2026$1,895,000 Listed Price

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