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

home-pic
ACTIVE$914,999
182 E Mcfarlane Street, Ventura, California 93001
0Bed
0Bath
1,111Sqft
5,227Lot
Year Built
1928
Close
-
List price
$915K
Original List price
$915K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SR25141883
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
06/26/25
$914,999
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (8 Listings)
Beds00
Baths00
Square foot1,1111,755
11%
Lot Size5,2275,227
50%
Price$915K$1.11M
22%
Price per square foot$824$661
67%
Built year19281954
33%
HOA
Days on market132164
33%
Condition Rating
Fair

Built in 1928, this property is well-maintained for its age and appears move-in ready. It features some updated elements like laminate flooring, white shaker kitchen cabinets, and a newer vanity in one bathroom. However, the kitchen has mixed appliances (newer fridge, older range) and basic countertops, and the bathrooms are functional but not fully modernized. One bedroom still has older carpet. While clean and livable, the updates are more occasional and piecemeal rather than a comprehensive, extensive renovation within the last 15 years, indicating an aged home maintained through regular upkeep with some outdated components.
Pros & Cons

Pros

Highly Desirable Beachside Location: Situated just blocks from the beach in a sought-after Ventura neighborhood, the property boasts excellent walkability to the ocean, parks, cafes, and the vibrant downtown area, enhancing its lifestyle appeal and long-term value.
Charming Spanish Architectural Style: The classic Spanish-style architecture, featuring arched doorways, textured stucco, and tile roofing, provides significant curb appeal and a unique aesthetic that stands out in the market.
Vacant Delivery for Immediate Use: Being delivered entirely vacant provides a rare and valuable opportunity for immediate occupancy by an owner, or for a new investor to quickly place tenants and begin generating rental income without tenant relocation challenges.
Multi-Unit Configuration for Diverse Use: With a 3-bedroom front home, a 2-bedroom rear unit, and a separate bonus suite, the property offers diverse living arrangements suitable for various needs, from guest quarters to home offices or additional rental units.

Cons

Age and Potential for System Updates: Built in 1928, the property's age suggests that major systems (plumbing, electrical, HVAC) may be original or outdated, potentially requiring significant capital investment for upgrades and ongoing maintenance.
Limited Interior Square Footage: The total reported square footage of 1111 sqft for three distinct living units (duplex + bonus suite) indicates very compact interior spaces, which could limit appeal for buyers or tenants seeking more spacious accommodations.
Potential for Parking and Outdoor Space Constraints: As an older multi-unit property in a desirable, walkable area, there may be limitations regarding dedicated off-street parking or private outdoor space for each unit, which could be a practical consideration for residents.

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