Ventura’s Only Class A Multifamily Opportunity Hits the Market for $19.28M

LOS ANGELES, CA—Matthews™, a commercial real estate investment services and technology firm, recently listed The Kalthom, a 45-unit multifamily asset, located at 214 S Kalorama Street in Ventura, California. The asset, listed by Executive Vice President & Senior Director Daniel Withers, is currently the only Class A building on the market in Ventura. The property is co-listed with Marcus and Millichap’s Executive Managing Director of Investments Jeff Louks.

Listed at $19,285,000, The Kalthom features 45 residences ranging from studios to two-bedroom units. The property offers modern interiors, rooftop amenities, fitness facilities, and dedicated co-working space, positioning it within the city’s limited supply of Class A multifamily housing. That scarcity is reinforced by high barriers to new development in Ventura, where voter-approved growth boundaries, coastal zone permitting, and annually escalating development fees constrain the pipeline of competing supply.* Its coastal location and proximity to Downtown Ventura further strengthen its investment appeal, with 97.8% occupancy and 3.2% potential rental upside offering investors a combination of stabilized income and future growth potential.

“The Kalthom represents a rare opportunity to acquire Class A multifamily housing in a coastal market where opportunities of this caliber are increasingly limited,” said Withers. “With its premier Downtown Ventura location, high-quality construction, and strong appeal to renters seeking a luxury coastal lifestyle, the property offers investors a compelling combination of long-term stability and growth potential.”

The Kalthom’s prime location in the heart of Downtown Ventura, coupled with its impressive 92 Walk Score, offers residents exceptional access to the beach, dining, shopping, and entertainment. This walkable, coastal lifestyle is a key driver of Ventura’s continued appeal as a desirable multifamily investment market.”

*Source: Ventura County; City of Ventura public records

For more information, please contact Daniel Withers or visit www.matthews.com.

About Matthews™

Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.