124 W Prospect St, Ventura, CA, 93001
About This Home
Located within Ventura's recognized Simpson Tract Historic District, this property presents a unique opportunity to own a piece of the city's rich architectural heritage. Situated on R-3-5 zoned property, the offering combines historic character with the flexibility and potential associated with multifamily zoning.The residence, originally constructed in the 1920s, reflects the charm and craftsmanship of Ventura's early residential development. Whether you are an investor, preservation-minded owner, this property offers a variety of possibilities.The Simpson Tract is known for its historic significance, tree-lined streets, and close proximity to Ventura's vibrant downtown, beaches, waterfront, restaurants, shopping, and cultural attractions. Residents enjoy easy access to the Ventura Pier, Surfer's Point, the Ventura Botanical Gardens, and the city's growing arts and dining scene.Properties within the Simpson Tract Historic District rarely become available, making this an exceptional opportunity to invest in one of Ventura's most distinctive neighborhoods. Buyer is advised to independently verify all information concerning the property, including but not limited to square footage, lot size, zoning, permitted uses, historic district requirements, permits, improvements, rental regulations, and development potential. Buyer shall satisfy themselves through their own investigations with the appropriate governmental agencies and licensed professionals.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1925
Materials
- Roof: Flat,Other
- Construction materials: Frame,Stucco
Type & Style
- Home type: MultiFamily
- Architectural style: Spanish
- Property subType: Multi Family
Interior
Bedroom
- Features: All Bedrooms Down
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- All Bedrooms Down
- Flooring: Tile
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: None
Interior Area
- Total structure area: 1,082
- Total interior livable area: 1,082 sqft
Property
Details
- Parcel number: 0710102090
- Zoning: R-3-5
- Special condition: Standard
- Exclusions: Tenant's Personal Property.
Features
- Levels: One
- Stories: 1
- Entry location: Front Yard Step Up From Grade
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: None
Lot
- Lot size: 4,356 sqft
- Features: Sprinklers None
- Lot size dimensions: 40 x 116.66 Appro x
Parking
- Total spaces: 3
- Parking features: Door-Single,Driveway,Garage,Off Street
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
How This Home’s Risks Compare
FEMA Declared Disasters in Ventura County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,545 | $54,540 |
| Home Insurance * | $109 | $1,308 |
| Property Taxes | $825 | $9,900 |
| Electricity | $398 | $4,786 |
| Total | $5,877 | $70,524 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-15 | Listed for sale | $898,900 |
| 2021-09-07 | Sold | $620,000 |
| 2021-09-04 | Pending sale | $589,995 |
| 2021-08-12 | Contingent | $589,995 |
| 2021-08-04 | Listed for sale | $589,995 |
| 2015-03-04 | Listing removed | $1,100 |
| 2015-02-28 | Listed for rent | $1,100 |
| 2009-09-04 | Sold | $199,000 |
| 2009-03-30 | Sold | $162,075 |
| 2008-11-03 | Listing removed | $375,000 |
| 2008-06-24 | Price change | $375,000 |
| 2008-05-20 | Listed for sale | $400,000 |
| 1995-12-07 | Sold | $108,000 |
| 1995-06-13 | Sold | $84,000 |
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