880 Lemon Grove Avenue, Ventura, CA 93003 (MLS # TR24166425)

Price $1,395,000
Status Active
Beds 2
Baths 2 Baths
Home size 1,692 sqft
Lot Size 7,406 sqft
Days on Market 103
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.
Property Type(s): Single Family
Last Updated 11/16/2024 Year Built 1949
Community Not Defined Garage Spaces 2.0
County Ventura

SCHOOLS

School District Ventura Unified

Price History

Prior to Nov 8, '24 $1,595,000
Nov 8, '24 - Nov 16, '24 $1,470,000
Nov 16, '24 - Today $1,395,000

Additional Details

AIR None
APPLIANCES Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Water Heater, Gas Range, Ice Maker, Range Hood, Refrigerator, Washer, Water Heater, Water Purifier, Water Softener, Water To Refrigerator
AREA Not Defined
GARAGE Yes
HEAT Natural Gas, Wall Furnace
HOA DUES 0
INTERIOR Breakfast Bar, Open Floorplan, Pantry, Separate/Formal Dining Room, Storage, Unfurnished, Walk-In Closet(s), Wet Bar
LOT 7405 sq ft
LOT DESCRIPTION Level
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
VIEW DESCRIPTION None
WATER Public
ZONING R1-6

Location

 

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