
Ventura, California 93001
This Residential Income Duplex represents a High-Potential Investment Opportunity, listed at a List Price of $2,600,000—positioned well below the $2,689,503 Fair Market Value by 3%. This valuation gap offers $89,503 in Instant Equity. Featuring a Mint Condition Rating with high-end interior renovations, this property includes Ocean Views and Third-Story Balconies. Located near Pierpont Elementary, it is an ideal asset for Buy-and-Hold Investors or Multi-Generational Families seeking a turnkey coastal residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1115 1117 Pittsfield Lane Subject | $2,600,000* List Price | 6 | 6 | 2,623 | $1,025 | - |
A 1129 Dover Lane Sold | $2,299,500 | 4 | 4 | 2,409 | $955 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1984, the interior shows a comprehensive, high-end renovation completed within the last 5 years. The kitchen features modern white shaker cabinetry, stainless steel appliances, and updated flooring, indicating the property is in mint, move-in ready condition.
Situated in the highly desirable Pierpont/Ocean Front subdivision, this property offers exceptional proximity to Ventura's beaches, making it a premier choice for coastal living and high-demand rentals.
As a duplex featuring 6 bedrooms and 6 bathrooms, this residential income property provides versatile options for high-yield short-term or long-term rentals, or a multi-generational living setup.
The property boasts a rare combination of ocean, hill, and city light views, significantly enhancing its aesthetic appeal and overall market value.
The 3,049 square foot lot is relatively small for a large duplex, resulting in limited private outdoor space or yard area for residents.
At a list price of $2.6 million for 2,623 square feet, the property commands a premium valuation that may be a barrier for investors seeking a lower entry point in the Ventura market.
A rare coastal property in Ventura's coveted Pierpont neighborhood, just steps from the beach. Built and owned by the same family until now, this property is being offered to the market for the first time in nearly 50 years.Each residence features 3 bedrooms and 3 bathrooms with updated interiors and generous living spaces. Beautiful ocean views and the Ventura hillsides can be seen from the third-story balconies; a perfect place to have your morning coffee or watch the sunset. With its highly desirable beachside location, two spacious residences, and close proximity to downtown Ventura, this property presents an exceptional investment opportunity in one of Ventura's most sought-after coastal communities. Whether held as an investment, enjoyed as a second home, or utilized for multi-generational living, this rare Pierpont duplex offers tremendous potential that you won't want to miss.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 6.0 | 3.5 |
| Square foot | 2,623 | 2,007.222 |
| Lot Size | 3,049 | 7,965 |
| Price | $2.60M | $1.17M |
| Price per sq ft | $991 | $577 |
| Built year | 1984 | 1959 |
| HOA | $0 | $0 |
| Days on market | 7 | 121 |
Sep 2, 2026
$2,600,000
Initial Listing