Property Detail

Description

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.