182 E Mcfarlane Drive, Ventura, California 93001, Ventura, - bed, bath

home-pic
ACTIVE$899,999
182 E Mcfarlane Drive, Ventura, California 93001
0Bed
0Bath
1,111Sqft
5,227Lot
Year Built
1928
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SR25182998
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Welcome to 182/184 E Macfarlane Drive — a charming Spanish-style duplex just blocks from the beach in one of Ventura’s most desirable neighborhoods. This unique property features two separate homes plus a bonus suite on one lot, and will be delivered vacant, offering ultimate flexibility for investors, multi-generational living, or owner-occupants looking to offset their mortgage with rental income. The front home features 3 spacious bedrooms and 1 bathrooms, showcasing classic Spanish architectural details such as arched doorways, textured stucco, and tile roofing. The rear unit offers 2 bedrooms and 1 bathroom, ideal as a guesthouse, rental unit, or home office. In addition, the property includes a bonus suite with a full bathroom and it's own private entrance—perfect for use as a studio rental, in-law quarters, or creative workspace. Enjoy the ocean breeze, walkability to the beach, parks, cafes, and Ventura’s vibrant downtown. With all units delivered vacant, this is a move-in ready or rent-ready opportunity in a sought-after beachside community.

Price History

Date
Event
Price
08/14/25
Listing
$899,999
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (8 Listings)
Beds00
Baths00
Square foot1,1111,755
11%
Lot Size5,2275,227
50%
Price$900K$1.11M
22%
Price per square foot$810$661
67%
Built year19281954
33%
HOA
Days on market84165
11%
Condition Rating
Fair

Built in 1928, this property shows signs of regular maintenance and some cosmetic updates like fresh paint and laminate flooring in parts. However, the visible bathroom features (older shower stall, dated floor tiles), the presence of wall heaters suggesting no central HVAC, and the style of light fixtures indicate that major renovations or system updates are likely 15-30 years old, or were done with budget-friendly, non-modern materials. The kitchen condition cannot be assessed due to lack of images. While functional and clean, it requires minor updates to meet current aesthetic and comfort standards.
Pros & Cons

Pros

Exceptional Income Potential & Flexibility: The property features a duplex (3-bed, 2-bed) plus a bonus suite, all delivered vacant, providing diverse rental income streams or multi-generational living options.
Prime Beachside Location: Situated just blocks from the beach in a highly desirable Ventura neighborhood, offering walkability to amenities, ocean breezes, and a vibrant downtown.
Classic Spanish Architectural Charm: Retains original character with classic Spanish-style details like arched doorways, textured stucco, and tile roofing, appealing to buyers seeking historic aesthetics.
Vacant Delivery: All units will be delivered vacant, offering immediate occupancy for an owner or seamless transition for an investor to select new tenants and maximize rental income.
Versatile Unit Configuration: The combination of a 3-bedroom main unit, a 2-bedroom secondary unit, and a separate bonus suite provides significant versatility for various living arrangements or rental strategies.

Cons

Age of Property & Potential for Updates: Built in 1928, the property may require significant investment in updating systems (e.g., plumbing, electrical, HVAC) and general maintenance to meet modern standards and expectations.
Limited Bathroom-to-Bedroom Ratio: The main 3-bedroom unit only has 1 bathroom, and the 2-bedroom unit also has only 1 bathroom, which could be inconvenient for occupants and a potential deterrent for some buyers.
Compact Living Spaces: With a total square footage of 1111 sqft divided among two main units and a bonus suite, individual living spaces are likely to be relatively small, potentially limiting appeal for those seeking more spacious accommodations.

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