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$2,150,000

For Sale

A month ago

65 , 67, 71 73 College Drive, Ventura, CA

MLS® V1-38567

7 Bed

6 Bath

3004 sqft

6 Parking

Key Facts
Description
Rooms
Map

Key Facts

Type Quadruplex

Levels Residential

Size 3004 sqft

Garage Yes

Taxes

Days Active 37

Lot Size 0.25999999046325684 Acres

Approx. Age 1954

Avg. Price Per Sqft $715

MLS® Number V1-38567

Property Address: 65 , 67, 71 73 College Drive, Ventura, CA, 93003

Average square foot calculated using Size range provided by listing agent.

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 offers a projected cap rate of approximately 6.3%, based on projected rents and currently identified operating expenses. It features an updated front duplex along with two detached ADUs completed in 2022, for a total of four separate residences offering 7 bedrooms and 6 bathrooms combined.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.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, freeway, and Downtown Ventura, with dining and entertainment nearby. 65-73 College Drive is more than an investment property; it's an opportunity to create income, flexibility, and long-term value in one exceptional Ventura property. Four residences, newer construction, private outdoor spaces, and multiple ways to make this property work for you!All information is deemed reliable but not guaranteed. Buyer to independently verify all information.

MLS® NumberV1-38567

Laundry LevelWasher Hookup, Gas Dryer Hookup, Inside, In Garage, See Remarks

Central VacNo

FireplaceNo

Acreage0.26

Exterior

GarageYes

Approx. Age1954

Basement

DrivewayDoor Single, Driveway, Garage, On Street

Garage Spaces2

HeatCentral, Wall Furnace

A/CNone

Extras

All units have refrigerators & stoves/ Unit 65: washer and dryer in garage / Unit 67: No washer or dryer / (ADU's) Unit 71 & 73: washer & dryer in laundry rooms.

Price History

-End Date

Not Sold YetSold Price

For Sale

Sep 4, 2026List Date

$2,150,000List Price

Commute

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Starting Address

Destination Address

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Listing Agent

Tammie Lee Coulter

[email protected]

(805) 207-3941

Listing Agent

Justen McCall

[email protected]

(805) 320-1924

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