1260 E Thompson 102, Ventura, California 93001, Ventura, 93001 - 2 bed, 2 bath
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1260 E Thompson 102
Ventura, California 93001
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
2Beds
2Baths
1,186Sq Ft
0Lot Size
Property Price
LIST PRICE$314,000
SUMMARY
Analysis of 1260 E Thompson 102, Ventura, California 93001 is currently available with a list price of $314,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Ventura Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2023, this property is brand new and in mint condition. As a new construction, all systems (HVAC/Electric), kitchen, and bathrooms are modern and require no maintenance, meeting the criteria for a property less than 10 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Affordability
Priced at $314,000, this property offers a rare opportunity to own a 2-bedroom home in Ventura at a fraction of the median market price.
- New Construction
Built in 2023, this modern condominium provides the benefits of contemporary building standards, energy efficiency, and minimal immediate maintenance needs.
- Spacious Modern Layout
With 1,186 square feet of living space, the unit offers a generous and functional floor plan that is well-suited for comfortable urban living.
CONSRISKS & DEFICIENCIES
- Strict Eligibility Requirements
The property is a deed-restricted low-income unit, requiring buyers to meet specific income limits and undergo a rigorous City of Ventura approval process.
- Limited Resale Appreciation
Affordable housing program restrictions typically cap the future resale price, which limits the long-term equity growth and investment potential compared to market-rate properties.
About 1260 E Thompson 102
Affordable Housing Opportunity! This 2-bedroom home is a deed-restricted, low-income unit subject to City of Ventura affordable housing program requirements. Buyer must meet applicable LOW-INCOME limits based on household size and receive City approval. Interested buyers are encouraged to review eligibility requirements and income limits at https://venturahousing.org/affordable-restricted-homes/#buyers.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2023
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $484.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,186 | 1,062.1 |
| Lot Size | - | 1,719 |
| Price | $314.0K | $537.9K |
| Price per sq ft | $265 | $490 |
| Built year | 2023 | 1978 |
| HOA | $484.0 | $465 |
| Days on market | 7 | 57 |
Pricing History
Listed for Sale
Sep 2, 2026
$314,000
Initial Listing