1051 Gill Avenue, Port Hueneme, California 93041, Port Hueneme, 93041 - 4 bed, 3 bath
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1051 Gill Avenue
Port Hueneme, California 93041
ACTIVE
CONDITION: POOR
4Beds
3Baths
1,806Sq Ft
10,454Lot Size
Property Price
LIST PRICE$915,000
EST. MARKET VALUE
$843,130
8% AboveMARKET VALUE
SUMMARY
This property represents a High-Potential Investment Opportunity, listed at $989,000—positioned above the $908,945 Fair Market Value. While the main residence holds a Poor Condition Rating due to its 1964 vintage, the 10,728 sq. ft. oversized lot and high-end ADU provide immediate cash flow. With pre-approved plans for a Junior ADU and recreation room, this asset offers significant forced appreciation potential. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through multi-unit income generation.
Estimated Market Value
$843,130
Based on Realkey algorithm analyzing recent comparable sales in Port Hueneme.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1051 Gill Avenue Subject | $915,000* List Price | 4 | 3 | 1,806 | $467 | - |
A 1061 Gill Avenue Sold | $820,000 | 4 | 3 | 1,704 | $481 | 0.0 mi |
B 1316 N 6th Place Sold | $735,000 | 4 | 2 | 1,227 | $599 | 0.3 mi |
C 821 Oak Court Active | $775,000 List Price | 4 | 1 | 1,808 | $429 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The main residence is 60 years old (built 1964) with a kitchen and interior finishes that appear original or over 30 years old, requiring a full rehab to meet modern standards. While the property includes a high-end ADU, the primary structure's age and dated systems fall into the poor category based on the provided criteria.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1806.
- Exceptional Income Potential
The property features a high-end ADU generating $2,195/month and includes city pre-approved plans for a Junior ADU and recreation room, with a total income potential of $9,000/month.
- Oversized Lot
At 10,728 sq. ft., the lot is nearly double the neighborhood average, providing rare space for multiple dwellings, private yards, and significant outdoor flexibility.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1806, other record living area = 1456. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Lack of Views
Despite its coastal city location, the property offers no scenic views, which may be a drawback for buyers seeking Pacific Ocean or landscape vistas.
- Vintage Main Structure
Built in 1964, the main residence may require modern updates or system upgrades to match the contemporary quality of the high-end ADU conversion.
About 1051 Gill Avenue
Located on one of the widest cul-de-sac streets in all of Port Hueneme, this exceptional property sits on an oversized 10,728 sq. ft. lot nearly double the size of the average lot in the neighborhood. Whether you're an investor or an owner-occupant, this is a rare opportunity to maximize both lifestyle and income. The beautifully converted, high-end ADU features its own private yard and is currently generating $2,195 per month in rental income. The main residence offers a spacious 1,456 sq. ft. floor plan with 3 bedrooms and 2 bathrooms, along with a huge backyard offering endless possibilities. Adding even more value, the property includes city pre-approved plans for a Junior ADU and a separate recreation room, creating the potential for up to $9,000 in total monthly rental income when fully utilized. Live in the main home while your rental units help offset your mortgage or capitalize on the property's exceptional income-producing potential.******** Be sure to click on the second photo in the gallery or virtual tour to view the ADU slideshow! ******* Also SFR Financing available 5% down
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 10,454 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.6 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,806 | 1,188.128 |
| Lot Size | 10,454 | 3,662.872 |
| Price | $915.0K | $629.1K |
| Price per sq ft | $507 | $477 |
| Built year | 1964 | 1965 |
| HOA | $0 | $366 |
| Days on market | 48 | 59 |
Pricing History
Listed for Sale
Aug 26, 2026
$915,000
$925,000
-1% Price Drop
Initial Listing
Price Change
Aug 18, 2026
$925,000
$959,000
-4% Price Drop
Initial Listing
Price Change
Aug 3, 2026
$959,000
$989,000
-3% Price Drop
Initial Listing
Price Change
Jul 23, 2026
$989,000
Initial Listing
Sold
Apr 25, 2022
$745,000
Public Record
Sold
Apr 22, 2014
$392,000
Public Record