Property Detail

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 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.