0 Baths

$5,175,000

57 N Ann Street, Ventura CA, 93001

Price per sqftN/A

Built in1972

Property typeResidential

Bought with Nicholas Henry with Beachside Partners and Listed by Nicholas Henry CA DRE# 01748131 with Beachside Partners (805) 705-7311

Overview

Sold

Closed

Listed Sep 9, 2024

Updated Jun 19

Rare opportunity to acquire midsize apartment building in beautiful downtown Ventura 1 block north of Main Street. 57 NorthAnn Street, comprised of (20) 1BD units, features a central secure front door entry leading to 3 stories accessed by elevatorwith partial ocean views from the 2nd and 3rd floors. Potential to add additional unit by converting unused community room(approximately 350 SF with kitchen) on first floor. There are 10 tuck-under carport spaces that may offer ADU conversionpotential for additional units plus 3 uncovered parking spaces at rear. Owner pays water/sewer, trash and hot water whiletenants pay their own electricity and gas. There are 2 coin-operated laundry rooms. Current rental rates are below marketoffering excellent upside opportunity for the astute investor. Location does not get much better with tenants being able to walkto shopping, eating, dining and entertainment options on Main Street along with parks, schools, beaches.**5.0% CAP rate, 12.2 GRM on current rents w/ rental rate upside subject to AB1482**

Additional information

MLS^® ID: V1-25646

Interior Features

Bathrooms: 0
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.38 Acres

Other Property Details

View: Yes
55+/Senior Community: No

Bought with Nicholas Henry with Beachside Partners and Listed by Nicholas Henry CA DRE# 01748131 with Beachside Partners (805) 705-7311

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/19/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 6/19/2026 at 2:05 PM UTC Last Checked: 2:05 PM UTC