1132-1142 Pittsfield Lane

Ventura, CA 93001

$2,595,000
Price
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Beds
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per Sq. Ft.

Description

This rare Ventura Pierpont Beach four-plex, located just eight lots from the sand, sits on an extra-large lot, making it a standout investment opportunity in the highly sought-after Pierpont Beach area. Nestled in a quaint beach town just south of Santa Barbara and north of Malibu, this property offers the best of coastal California living, with nearby access to Pierpont's beloved restaurants, pubs, and shops, all just a few blocks away. Each of the four 1-bedroom, 1-bath units features an updated...This rare Ventura Pierpont Beach four-plex, located just eight lots from the sand, sits on an extra-large lot, making it a standout investment opportunity in the highly sought-after Pierpont Beach area. Nestled in a quaint beach town just south of Santa Barbara and north of Malibu, this property offers the best of coastal California living, with nearby access to Pierpont's beloved restaurants, pubs, and shops, all just a few blocks away. Each of the four 1-bedroom, 1-bath units features an updated and efficient layout with charming touches, including a galley-style kitchen, ample closet space in the bedroom, and a full bathroom. Two of the units are situated upstairs, showcasing vaulted ceilings that add an airy feel, while one of these units also enjoys lovely ocean views. The two ground-floor units provide easy access and share the same well-designed floor plan. For comfort, each unit is equipped with a wall-mounted air conditioner and heating unit, ensuring residents enjoy year-round climate control. Unlike many beach properties, this four-plex offers plentiful parking, including an attached carport with designated spaces for each unit. The property currently brings in approximately $40,000 per unit annually, demonstrating solid income potential. Its combination of proximity to the beach, spacious lot size, and thoughtful updates is exceptionally rare in Pierpont Beach, providing investors with a unique chance to own a high-potential, income-generating property in a premier location.
  1. Listed by Ann Howarth • DRE #01412324 • RE/MAX Gold Coast-Beach Office

Property Details for 1132-1142 Pittsfield Lane

Subdivision Name
Pierpont/Ocean Front - 0276
Garage Spaces
.00
View
Mountain(s), Ocean
LISTING UPDATED: 11/04/2024 02:36 PM

Property Details for 1132-1142 Pittsfield Lane

StatusActive
MLS #V1-26536
Days on Market38
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.12 AC / 5,393 SF
CountyVentura County

Building Information for 1132-1142 Pittsfield Lane

Stories-Residences-Year Built1955Building Size-Lot Size0.12 AC / 5,393 SF

Property Information for 1132-1142 Pittsfield Lane

Summary
Location and General Information
  • Community Features: Biking, Fishing, Watersports
  • City: Ventura
  • Directions: Seaward Ave to Pierpont Blvd turn left then turn right at second lane from Seaward. Units are on left side 8 lots back from the sand
  • Area: VC23 - Ventura -Beach S Rvr
  • Postal Code Plus4: 3867
  • Unparsed Address: 1132-1142 Pittsfield Lane, Ventura, CA 93001
Parking
  • Parking Features: Carport
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Other Annual Assessment Amount: $.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Sprinklers None
  • Lot Size Acres: .12
  • Lot Size Square Feet: 5,393.00
  • Lot Size Area: 5,393.00
  • Lot Size Units: Square Feet
  • Parcel Number: 0810062070
  • Property Type: Residential Income
Property and Assessments
  • Common Walls: Detached/No Common Walls
  • Documents Count: 0
  • Entry Location: Front doors
  • Property Attached: No
  • Year Built Source: Assessor
  • Senior Community: No
Utilities
  • Cooling: ENERGY STAR Qualified Equipment
  • Cooling: Yes
  • Water Sewer Expense: $2,260.00
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Fencing: Wood
  • Pool Features: None
  • Pool Private: No
  • Pool: No
  • Roof: Composition
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Spa Features: None
  • Spa: No
Interior Features
  • Appliances: Refrigerator, Microwave, Gas Oven
  • Total Bathrooms: 0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Heating: ENERGY STAR Qualified Equipment
  • Heating: Yes
  • Interior Features: Balcony
  • Laundry Features: None
  • View: Yes
  • Levels: Multi/Split
Multi Family
Multi-Family Information
  • Gross Scheduled Income: $160,000.00
  • Net Operating Income: $151,097.00
  • Electric Expense: $1,939.00
  • Insurance Expense: $1,256.00
  • Number Of Buildings: 1
  • Operating Expense: $8,903.00
  • Special Listing Conditions: Standard
  • Trash Expense: $3,274.00
Rental
Rental Information
  • Rent Control: No

Property History for 1132-1142 Pittsfield Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1132-1142 Pittsfield Lane

This home is within Ventura Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Pierpont Elementary School
PublicK to 5

Cabrillo Middle School
Public6 to 8

Ventura High School
Public9 to 12

Homestead (Alternative) School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1132-1142 Pittsfield Lane is a multi-family home for sale in Ventura, CA 93001. This property was listed for sale on November 1, 2024 by RE/MAX Gold Coast-Beach Office, it's currently listed at $2,595,000. It has been on the market for a total of 38 days and was last sold on March 16, 2022. This listing's school district is Ventura Unified School District. Nearby schools include Pierpont Elementary School, Cabrillo Middle School and Ventura High School. 1132-1142 Pittsfield Lane is a 0-bed, 0-bath, multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Gold Coast-Beach Office, Ann Howarth, DRE #01412324

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.