Property Detail

Description

335 W Simpson St is a rare opportunity to acquire a well-located triplex offering a dependable stream of rental income in one of Ventura's downtown corridors poised for continued rental growth and long-term appreciation. The property spans two parcels totaling 5,373 SF and features a spacious front yard providing ample onsite parking, coin operated laundry for tenants, along with a one-car garage currently used for storage. The site is comprised of a desirable unit mix including (1) 4BD/1BA, (1) 2BD/1BA, and (1) spacious studio unit with a private yard. Units A & C currently eligible for rent increases. Recent improvements to the site include a new roof completed in 2024, along with fresh exterior paint, new water heater and a newly constructed staircase to the second floor in 2025.