108 Barry Drive, Ventura, California 93001, Ventura, 93001 - 0 bed, 0 bath
Loading property details...
Ventura, California 93001
This Value-Add Duplex Asset is listed at $750,000, offering a strategic entry into the Ventura market near its $653,337 Fair Market Value. While the Condition Rating of 5 indicates a need for substantial rehabilitation, the property includes a new roof and gas line, reducing immediate capital expenditures. The 1,208-square-foot layout provides a versatile "house-hacking" potential, supported by proximity to E. P. Foster Elementary and Ventura High School. This property represents a stable long-term play for Buy-and-Hold Investors or Owner-Occupants looking to force appreciation through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 108 Barry Drive Subject | $750,000* List Price | 0 | 0 | 1,208 | $541 | - |
A 216 E Lewis Street Sold | $665,000 | 3 | 2 | 1,336 | $498 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1939, this duplex shows significant signs of deferred maintenance and requires substantial rehabilitation. While the listing notes a new roof and gas line, the interior images reveal heavily stained and worn carpeting, peeling paint, and severely outdated kitchen and bathroom facilities. The bathroom sink and kitchen appliances show heavy wear and grime, and the overall living spaces require a complete renovation to meet modern quality and safety standards.
As a legal duplex on a large lot, this property offers excellent flexibility for 'house hacking' by living in one unit and renting the other, or operating both as high-demand rental units.
The inclusion of a brand-new roof and gas line provides immediate peace of mind and reduces the burden of major capital expenditures for the new owner.
With long-term tenants currently in place, there is significant opportunity to increase rental income to current market rates, enhancing the property's long-term cap rate.
Originally built in 1939, the property may require ongoing attention to older plumbing, electrical, or structural components typical of homes from this period.
With only 1,208 total square feet divided between two units, the living spaces are relatively compact, which may limit the pool of prospective long-term tenants.
Great opportunity to own a charming duplex on a large lot located on Barry Drive, a desirable street off of Ventura Avenue. Live in one, rent the other or rent both. Originally a single-family home it was converted into a legal duplex many years ago. Long term tenants with good upside potential. Unit 112 Barry- 2-bedroom 1 bath with large backyard and laundry room. Unit 108 Barry 1 bedroom, 1 bath, this unit has a small side yard. New roof and gasline. A rare opportunity to own a piece of Ventura with built in stability today and the promise of growth over time.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.1 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.5 | 38% |
| Baths | 0.0 | 2.5 | 38% |
| Square foot | 1,208 | 2,038.5 | 13% |
| Lot Size | 4,791 | 6,751 | 25% |
| Price | $750.0K | $947.5K | 25% |
| Price per sq ft | $621 | $470 | 88% |
| Built year | 1939 | 1935 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 170 | 13% |
Apr 17, 2026
$750,000
Initial Listing