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Exclusive 12 Unit Apartment Building Development Site, approved entitlement
1926 Thompson Blvd, Ventura, CA 93001
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Investment Highlights
- 12 unit Approved Entitlement. Just provide construction drawings. No Coastal Commission approval.
- 3/4 mile north of Pacific Ocean and 2 miles away from Downtown Ventura and Pacific View Mall
- Designed as 4 bldgs on 13,013 sf structure on 13,512sf Corner Lot with an alley in the back
- Great units mix 1, 2 and 3 BRs. 4 units designed as Work/Live, 4 as townhomes and 4 flat units
- 4 simple wood frame Bldgs with Courtyard and landscaping inside and out. Access to rooftop Patio
- 27 Parking spaces in Subterranean garage including on surface covered garages.
- 50 miles northwest of Los Angeles, and 30 miles south of Santa Barbara, high demand housing area
- For marketing package, send request to bruce.me@sbcglobal.net
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2018 approved Entitlement for 12 unit Apartment Building (not condos). 13013sf leasable area on 13,515 sf corner lot, with 20 parking spaces on subterranean garage, plus 7 parking spaces on back alley, including 4 covered garages and ADA parking, bike rack area, a lift from Garage to roof. Open courtyard style.
• City cleared environmental report,
• Survey report,
• Landscaping plan,
• The project’s ability to comply with the MS4 City requirements
• Only one unit designated to moderate income tenant.
• The following study and reports are done: - 1-Landscaping - 2- water usage Analysis –
3-Environments clearance – 4- Civil study - 5- Rain water run off study - 6- ADA Study
Great units mix of 1, 2 and 3 Bedrooms, including four 2 story loft/ live and work units 2 story townhomes, & 3 BR Penthouse. Half are with Ocean View, rooftop patio and BBQ area, 650sf to 1,400sf units. Midtown location, couple of miles from Downtown Ventura & Pacific View Mall, 3/4 miles from Pacific Ocean.
Building designed to satisfy City Planning Design Review Committee, and took approximately two years to secure Approval.
Area Population………………..109,957
Ventura Avg. HHI..........……$86,701
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