ActiveResidential · sale

934 Sharon Lane

Ventura, CA 93001

$2,195,000

  • 0.08 acres
  • Built 1928

Listed by Coldwell Banker Realty · MLS #V1-37692

934 Sharon Lane, Ventura, CA 93001 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1928.

Garage parking

3 garage spaces listed.

Property size

0.08 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

NEW PRICE Exceptional Pierpont Investment Opportunity Now offered at 2195000 this extensively renovated triplex combines turnkey condition with approximately 11000month in potential gross rental income Three separate residences and three garages provide multiple income streams in one of Venturas most desirable beach communities An outstanding opportunity for investors 1031 exchange buyers or an owneruser looking to build longterm value near the coastPerfectly positioned just steps from the sand and adjacent to the state park this impeccably renovated triplex offers an extraordinary blend of coastal living timeless design and enduring investment value Each of the three residences features 1 bedroom and 1 bathroom complemented by expansive living rooms with closets that offer the flexibility for usage as a second bedroom or home office Thoughtfully renovated from top to bottom the property showcases wood flooring throughout a newer roof fresh designerinspired interior and exterior paint contemporary garage doors beautifully renovated kitchens with quartz countertops and warm mapletoned cabinetry updated heating units and elegantly remodeled bathrooms featuring fullheight stone surrounds customstyle vanities modern fixtures and refined finishes Every improvement reflects exceptional craftsmanship and meticulous attention to detailOutside a lushly landscaped yard creates a private coastal retreat complete with an inviting hardscape patioan ideal setting for entertaining gathering around a fire pit or simply enjoying Venturas yearround ocean breezes and spectacular summer eveningsWhether youre seeking a premier 1031 exchange opportunity a luxury coastal investment with strong rental appeal or the flexibility to owneroccupy while generating income this exceptional property offers a wealth of possibilities Convenient freeway access ample street parking along both Pierpont Boulevard and San Pedro Street and an unbeatable location surrounded by beaches parks and scenic coastal amenities complete this rare offering in one of Venturas most desirable seaside neighborhoods
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THE NEIGHBORHOOD

Explore the location.

934 Sharon Lane, Ventura, CA 93001

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THE DETAILS

The details, all in one place.

Property type
ResidentialIncome
Category
Residential
Year built
1928
Garage spaces
3
Cooling
None
Heating
WallFurnace
Appliances
Dishwasher,GasRange,HighEfficiencyWaterHeater,Refrigerator,WaterHeater
Flooring
Tile,Wood
Fencing
Wood
Pool
No
Pool features
None
Spa
No
Subdivision
Pierpont/Ocean Front - 0276
Parcel
0760222090
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$9,145.83
Cap rate—

Annual operating income: —

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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934 Sharon Lane, Ventura, CA 93001 · MLS #V1-37692

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Listing information

MLS #V1-37692 · California Regional MLS

Listing brokerage: Coldwell Banker Realty
Listing agent: Domonique Rodriguez

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.