West of California to City Limits (VC21) Homes with Two Levels Stories

Welcome to the enchanting region of Ventura, California, where the beauty of the West Coast meets the charm of a vibrant community. Nestled in Ventura County, this picturesque city is renowned for its stunning coastline, breathtaking views, and a laid-back lifestyle that attracts both locals and newcomers alike. The City Limits (VC21) area offers a unique blend of suburban comfort and coastal allure, making it an ideal place to call home.

In VC21, you’ll discover a variety of homes that cater to diverse tastes and lifestyles. Among the most sought-after properties are two-story homes that provide ample space for families and individuals alike. These two-level residences not only offer generous square footage but also create a sense of openness and comfort. With multiple levels, homeowners can enjoy distinct living areas, making it perfect for entertaining guests or simply enjoying family time.

The architecture in this region often reflects the coastal vibe, featuring charming designs, spacious backyards, and inviting patios that are perfect for soaking in the California sun. Many of these two-story homes come equipped with modern amenities, ensuring that residents enjoy both convenience and style.

Living in VC21 means you’re just a stone's throw away from stunning beaches, vibrant parks, and a lively downtown area filled with shops, restaurants, and cultural attractions. Whether you’re a beach lover, an outdoor enthusiast, or someone who appreciates a strong sense of community, Ventura’s City Limits has something for everyone. Explore the possibilities of making this beautiful region your new home, where the ocean breeze and warm sunshine await you!

Newest West of California to City Limits (VC21) Homes with Two Levels Stories

$8,995,000

55 Beds ⋅ 30 Baths ⋅ 26959445 MLS ⋅ Active Status

401433 W. Ramona Street is a 17-unit multifamily investment opportunity located in Ventura's highly supply-constrained rental market. The property consists of approximately 21,840 square feet situated on a 0.82-acre parcel and is currently operating at full occupancy. Built in 1972 and zoned R3-5 (Multiple Family Residential), the asset offers investors a stable income stream with significant long-term upside through rent growth, unit renovations, operational efficiencies, and potential density enhancements. Immediate operational stability. Strong rental market supports continued rent growth.Investment highlights% Occupied Coastal California Multifamily Asset Stabilized 17-unit apartment community with strong in-place cash flow in one of Southern California's most supply-constrained rental markets.Large Family-Oriented Unit Mix Consists primarily of spacious 3-bedroom and 4-bedroom units, a highly desirable product type with limited competing inventory in Ventura.Strong Rent Growth Potential Opportunity to increase rents through interior renovations, utility reimbursement programs (RUBS), ancillary income, and continued market appreciation. Ventura continues to experience housing shortages and elevated rental demand.No Local Rent Control Advantage Ventura is not subject to the more restrictive rent-control regulations found in many California coastal markets, providing greater operational flexibility for ownership.Value-Add Income Opportunities Existing garages, carports, and gated parking areas may provide additional revenue opportunities through storage, parking income, or operational enhancements.Large 0.82-Acre Site Significant land component for a 17-unit asset, offering long-term redevelopment, density, or ADU potential subject to city approvals and zoning requirements.Gated Community with On-Site Management Features Attractive tenant amenities include gated access, on-site management capabilities, garages, carports, and washer/dryer hookups.Inflation Hedge Through Residential Real Estate Multifamily assets in coastal California have historically benefited from strong occupancy, recurring rent growth, and limited new housing supply.

401 W Ramona Street, Ventura

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.