880 Lemon Grove AVE, Ventura, CA 93003 – TR24166425

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$1,295,000

Est. payment - /mo

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2 BD

2 BA

1,692 SqFt

Price Dropped by $100K

880 Lemon Grove AVE Ventura, CA 93003

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

12/19/2024 05:48 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,692 sqft

Price per Sqft $765

MLS Listing ID TR24166425

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1949

Lot Size 7,405 Sqft

Property Description

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.

Location

State CA

County Ventura

Area 699 - Not Defined

Zoning R1-6

Rooms

Main Level Bedrooms 2

Interior

Interior Features Wet Bar, Breakfast Bar, Separate/Formal Dining Room, Open Floorplan, Pantry, Storage, Unfurnished, Walk-In Closet(s)

Heating Natural Gas, Wall Furnace

Cooling None

Flooring Laminate, Wood

Fireplaces Type None

Fireplace No

Appliance 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

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Suburban

View Y/N No

View None

Porch Concrete, Deck

Attached Garage Yes

Total Parking Spaces 2

Private Pool No

Building

Lot Description Level

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Ventura Unified

Others

Senior Community No

Tax ID 0750310115

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Listed by Jonathan Minerick • Homecoin.com • 888-400-2513