880 Lemon Grove Avenue, Ventura, CA 93003

$1,470,000 Asking Price

2 beds
2 baths
1,692  sqft
Built in 1949

2 Parcels / APNs for, essentially, the price of one: This could be the most unique property in Midtown Ventura, CA and possibly all of Ventura. It's perfect for an investor/developer/individual capable of realizing its development potential (see feasibility study). Rent out or live in the house while developing the potential of the rear 2nd parcel. Parcel 1: The first parcel (~7,508 sq ft) features a beautifully renovated single-story bungalow home and a detached garage. The home has an open floor plan filled with natural light and cross breezes throughout the day. The house has been extensively renovated throughout. Updates include new roof/solar, updated plumbing, new premium laminate and hardwood flooring throughout, earth-toned clay-fired tiling, white soft-close cabinets, countertops, stainless steel appliances, many of the windows and more. Parcel 2: The second parcel (~15,600 sq ft) is an unimproved, buildable lot situated directly behind Parcel 1. Based upon an architectural feasibility study, the lot can currently accommodate three income producing structures as follows: A two-story single-family home (~3,000 sq ft), A 'regular' accessory dwelling unit (“ADU”), and A 'junior' ADU More information can be found in the feasibility study diagrams & Virtual Tour (or “more”) link. * The home was originally designed/permitted as a 3 bedroom/ 2 bathroom and functionally remains as one. To maximize the space and flow of the house, access to the 2nd bathroom was altered from the common area hallway and is now directly accessible through the “3rd bedroom”/ mudroom/ office. The property description provided are for general information purposes only and are not intended to be a complete representation of the property.

Features & Amenities

Interior

General:
Wet Bar,Breakfast Bar,Separate/Formal Dining Room,Open Floorplan,Pantry,Storage,Unfurnished,Walk-In Closet(s)
Appliances:
Dishwasher,ENERGY STAR Qualified Water Heater,Disposal,Gas Range,Ice Maker,Refrigerator,Range Hood,Water Softener,Water To Refrigerator,Water Heater,Water Purifier,Dryer,Washer
Laundry:
Gas Dryer Hookup,Laundry Room
Flooring:
Laminate,Wood
A/C:
false, None
Heating:
true, Natural Gas,Wall Furnace
Fireplace:
None
Eco/Green Feature:
Water Heater

Exterior

Pool:
None
Parking:
Parking spaces: 2

Construction

General:
1

Location

Road/Access:
City Street
HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Ventura Unified
County:
Ventura

Lot

Zoning:
R1-6, 0750310115
View:
None

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
Homecoin.com, Jonathan Minerick

About Ventura, CA

Housing

Number of Units
46,092
Median Home Value
$605,546
Median Rent
$1,594

44.75% of housing units are renter occupied.

5.76% are vacant.

Commute

Car
65.57%
Public Transportation
1.68%
Walk to Work
1.59%
Work from Home
29.90%
Other
0.47%

The median travel time to work is 20 minutes.

People

Population
115,093
Median Age
39.70
Median Household Size
2.66

Education

High School
17.95%
Associate’s Degree
10.14%
Bachelor’s Degree
23.93%
Graduate Degree
13.77%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: