The Twin Palms, located at 1106 E Santa Clara St, present a rare opportunity to acquire a thoughtfully renovated boutique multifamily property in one of Downtown Ventura's most desirable locations. Originally constructed at the peak of the American Craftsman era in 1918 and comprehensively remodeled in 2024, the property blends timeless architectural character with the amenities, finishes, and infrastructure of a modern property.The property is comprised of (1) 3-bedroom/1-bathroom and (2) 2-bedroom/1-bathroom residences, each thoughtfully updated with remodeled kitchens and bathrooms, upgraded appliances, modernized electrical and plumbing systems, and architectural details including vaulted ceilings, dormer windows and refinished hardwood floors. Private garden areas, grounded-gas firepits and expansive porches enhance the indoor-outdoor living experience that creates an atmosphere rarely found in a multifamily investment.Currently operated through a combination of short term rentals and furnished 30+ day stays, The Twin Palms offers flexibility for a future owner to continue with shorter-term stays, transition the residences to long-term market-rate rentals, or occupy one of the residences while generating income from the remaining units.With the restaurants and shops of Main St just a few blocks away and the Ventura beaches within 1 mile, The Twin Palms presents an unbeatable location. Don't miss this opportunity to own a one-of-a-kind multifamily property in downtown Ventura offering historic charm and operational flexibility.
Based on the average sale price from the Beverly Hills, CA office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
1106 E Santa Clara Street Ventura, CA is a Single Family Home for sale at $2495000 with 2700 sqft and a lot size of 0.1928 Acres Acre(s). 1106 E Santa Clara Street Ventura has 7 bedrooms, 3 baths and was built in 1918. The property's zip code is 93001 which is in Ventura, CA
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.