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732 Poli St, Ventura, CA, 93001

5beds
4baths
2,749sqft
$1,995,000
$726price/sqft
$12,788/moest. monthly cost
$511,520/yrincome needed

About This Home

Ocean View Craftsman + Two Permitted Income Units | $10,000+ Established Monthly Income Rare three-unit property just one block from Historic Downtown Ventura, offering a unique combination of charm, location, and income potential. The property features three legal units, each with its own address and private entrance. The two lower units have generated more than $5,000 per month in rental income, while the main house rents for over $5,000 per month, creating the opportunity for well over $10,000 per month in gross rental income. Unlike many income properties, this offering provides three independent, renovated, and permitted units, making it an ideal opportunity for investors seeking strong cash flow, owner-occupants looking to offset housing costs, or those seeking flexible living arrangements. At the heart of the property is a beautifully preserved 3-bedroom Craftsman home featuring original woodwork, classic architectural details, modern kitchen and bathroom updates, and ocean and Channel Islands views from the living and dining areas as well as the primary bedroom balcony. A rare private yard with a mature producing avocado tree, inviting front porch, and a 2-car garage further enhance the property's appeal. Located just one block from Ventura's vibrant Historic Downtown and a short walk to the beach, the property offers easy access to restaurants, shops, farmers markets, festivals, the Ventura Botanical Gardens, and Ventura's renowned pedestrian-friendly Main Street. Combining historic character, modern updates, ocean views, walkability, and exceptional income potential, this is a truly rare opportunity in one of Ventura's most sought-after neighborhoods.

Getting Around

89
WalkingVery Walkable
0
TransitVery Limited Transit
57
BikeBikeable

Schools

4/10
7/10
Cabrillo Middle SchoolGrades 6-80.6 mi
7/10
Ventura High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1920

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition,Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Craftsman
  • Property subType: Triplex

Interior

Appliances

  • Appliances included: Built-In Range,Dishwasher,Electric Range,Disposal,Gas Range,Microwave,Refrigerator,Tankless Water Heater,Vented Exhaust Fan,Water To Refrigerator,Dryer,Washer
  • Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,Inside,See Remarks,Stacked

Basement

  • Has basement: Yes
  • Basement: Finished

Bathroom

  • Features: Bathroom Exhaust Fan,Bathtub,Dual Sinks,Full Bath on Main Level,Linen Closet,Remodeled,Separate Shower,Walk-In Shower

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 2
  • 3/4 bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Wet Bar,Breakfast Bar,Balcony,Breakfast Area,Crown Molding,Separate/Formal Dining Room,Furnished,High Ceilings,Open Floorplan,Partially Furnished,Main Level Primary
  • Window features: Blinds,Double Pane Windows,Wood Frames
  • Flooring: Vinyl
  • Fireplace features: Living Room,Wood Burning
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Forced Air,Fireplace(s),Natural Gas
  • Cooling features: Whole House Fan

Interior Area

  • Total interior livable area: 2,749 sqft

Kitchen

  • Features: Kitchen Island,Kitchen/Family Room Combo,Stone Counters

Master Bedroom

  • Features: Main Level Primary

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0730045160
  • Zoning: DR
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Front
  • Pool features: None
  • Patio & porch: Covered,Front Porch,Patio,Wood
  • Spa features: None
  • Fencing: Wood
  • Has view: Yes
  • View description: City Lights,Coastline,Hills,Landmark,Ocean
  • Has water view: Yes
  • Water view: Coastline,Ocean
  • Waterfront features: Beach Access,Ocean Access

Lot

  • Lot size: 3,920 sqft
  • Features: Drip Irrigation/Bubblers,Front Yard,Near Park

Parking

  • Total spaces: 2
  • Parking features: Garage,Garage Door Opener,On Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered 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
    EarthquakeVery High

How This Home’s Risks Compare

Earthquake

FEMA Declared Disasters in Ventura County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $10,087$121,044
Home Insurance *$243$2,916
Property Taxes $1,869$22,428
Electricity $589$7,073
Total$12,788$153,456
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$438,445/yr
40% on housing$383,640/yr
45% on housing$341,013/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$726This listing

vs Other Active Listings

Avg $/sqft

ZIP 93001$854
Ventura County$554

vs Homes Sold Last Month

Median $/sqft

ZIP 93001$782
Ventura County$515

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

DateEventPrice
2026-08-01Listed for sale$1,995,000
2026-05-24Listing removed$6,000
2026-05-07Listed for rent$6,000
2026-04-24Listing removed$6,000
2026-02-11Listed for rent$6,000
2025-12-22Listing removed$5,500
2025-12-08Price change$5,500
2025-10-09Listed for rent$4,995
2023-01-11Listing removed--
2023-01-06Listed for rent$6,000
2019-06-21Sold$1,100,000
2019-04-09Pending sale$1,195,000
2019-03-14Price change$1,195,000
2019-02-27Price change$1,229,000
2019-01-16Price change$1,250,000
2018-12-15Listed for sale$1,299,000
2017-10-31Sold$560,000
2017-10-13Pending sale$625,000
2017-10-10Listed for sale$625,000
2017-09-28Pending sale$625,000
2017-09-25Listed for sale$625,000
2017-09-12Pending sale$625,000
2017-09-02Listed for sale$625,000

For Sale by Agent

AgentSimon Mills
BrokerageMills Realty of California

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