1053-1065 E Santa Clara St 6 Unit Apartment Building $4,438,395 CAD ($739,732 CAD/Unit) 3.18% Cap Rate Ventura, CA 93001

The properties located at 1053–1065 E Santa Clara Street in Ventura, California present a rare opportunity to acquire two side-by-side investment assets in one of the city’s most desirable and centrally located corridors. The improvements consist of four character-filled single-family homes and a newer duplex (circa 2010), for a total of six rental units generating an impressive $15,100 in monthly income. The diverse unit mix and various floor plans provide renters with multiple living options, enhancing tenant appeal and long-term occupancy stability. Set on a combined 20,908 square feet of land, the properties offer expansive outdoor areas that create a sense of space uncommon for in-town living, allowing residents to enjoy open air gathering areas and a more residential atmosphere.
Situated along E Santa Clara Street, the properties benefit from an exceptional Ventura location just minutes from vibrant Downtown Ventura, the Ventura Pier, and the beach. Residents enjoy convenient access to local dining, coffee shops, neighborhood retail, and everyday amenities, as well as proximity to parks, schools, and major transportation corridors including Highway 101. The walkability to nearby businesses and the ease of commuting make this an attractive setting for a broad tenant base seeking both lifestyle and convenience.
In addition to strong in-place income, the substantial land footprint and favorable zoning present compelling future redevelopment potential. The combined parcel size provides flexibility for an investor to explore value-add strategies, potential density enhancements, or long-term repositioning, all within a high-demand coastal market. 1053–1065 E Santa Clara Street offers an ideal blend of stable cash flow, tenant appeal, and meaningful upside in one of Ventura’s most sought-after locations.