
Ventura, California 93003
This Turnkey Single Family Residence represents a High-Potential Investment Opportunity, listed at $919,000—positioned well below the $891,165 Fair Market Value by -3%. Featuring a 1-bedroom income-generating ADU and an Excellent Condition Rating with recent upgrades like a 3-year-old roof and copper plumbing, this property offers immediate rental revenue. Located near top-rated schools like Poinsettia Elementary, it balances financial stability with lifestyle convenience. This versatile asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a mortgage-offsetting home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 124 Hastings Subject | $894,000* List Price | 3 | 2 | 1,174 | $723 | - |
A 5840 Hunter Street Sold | $900,000 | 4 | 2 | 1,372 | $656 | 0.2 mi |
B 412 Dayloma Avenue Sold | $1,140,000 | 4 | 2 | 1,362 | $837 | 0.7 mi |
C 4725 Loma Vista Road Sold | $999,000 | 3 | 2 | 1,570 | $636 | 0.9 mi |
D 6019 Cloverly Street Sold | $880,000 | 3 | 2 | 1,285 | $685 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1957, the property has undergone extensive recent renovations including a 3-year-old roof, new furnace, copper plumbing, and tankless water heater. The kitchen features 4-year-old appliances and the attached ADU shows modern finishes. With all major systems recently updated and the interior in turnkey condition, it meets the criteria for a high-quality renovation with no immediate maintenance needed.
The property features an attached 1-bedroom ADU generating an average annual revenue of $21,500, providing a substantial mortgage offset or a high-yield opportunity for investors.
Extensive recent improvements including a 3-year-old roof, copper plumbing, tankless water heater, and new furnace ensure low immediate maintenance costs and peace of mind for the buyer.
Located within walking distance to Poinsettia Elementary (Rating 7) and Buena High School (Rating 6), this home is perfectly positioned for families prioritizing educational convenience.
The main 3-bedroom residence contains only one bathroom, which may present a functional challenge for larger families or those accustomed to a primary suite.
Direct gate access to Victoria Avenue, a major local thoroughfare, suggests potential for increased ambient noise and reduced privacy within the backyard area.
Huge Price Improvement. Beautifully appointed 3 BR, 1 Bath with 1 BR, 1 Bath attached ADU, Totaling 4BR, 2 Bath. Average annual revenue from ADU $21,500.00. (See supplemental Documents). Covered Patio plus ADU bring total Living space to approx. 1784 sq ft. Welcome to this Truly Turnkey Home. Features include: Tankless Water Heater, Copper Plumbing, NEW Furnace and Attic Insulation, 3 yr New Roof, 4 yr New Kitchen Appliances, and 2 yr New Garbage Disposal to Boot. All this and less than 10 min drive to World Class Surfing. Enter into a warm, welcoming Open Floor Plan with Wood Burning Fireplace, Intimate dining adjacent to Updated Kitchen and a Rustic Barn Door entrance to Covered Patio. Wonderful Opportunity for First Time Buyer, Family, or Investor. Offset Mortgage with Income from ADU or Rent Entire Home. Bathroom is Updated and includes Shower over Bathtub plus Separate Shower. Front yard is Landscaped and on Automatic Sprinklers. Backyard is Drought Resistant with Turf and a Storage Shed. A Gate Provides convenient access to Victoria Ave and local stores and Merchants. Don't miss this rare opportunity. Buyer is advised to independently verify the accuracy of all information through personal inspection & with appropriate professionals.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,174 | 1,625.5 | 11% |
| Lot Size | 6,969 | 6,969 | 50% |
| Price | $894.0K | $967.5K | 34% |
| Price per sq ft | $761 | $593 | 79% |
| Built year | 1957 | 1962 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 134 | 6% |
Jun 1, 2026
$894,000
$919,000
-3% Price Drop
Initial Listing
May 4, 2026
$919,000
Initial Listing
Nov 7, 2019
$625,000
Public Record
Mar 31, 2005
$585,000
Public Record