
Ventura, California 93003
This Strong Value Opportunity is a well-located condominium listed at $414,000, positioned well below the $421,014 Fair Market Value by 1.66%. This valuation gap provides $7,014 in Instant Equity. Featuring a Condition Rating of 4, the unit offers a private entrance and a Community Pool, though it requires cosmetic updates to modernize the interior. Situated in the Ventura Unified district, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1267 Chalmette Subject | $414,000* List Price | 2 | 1 | 903 | $466 | - |
A 1177 Saratoga Avenue Sold | $420,000 | 2 | 1 | 882 | $476 | 0.1 mi |
B 5082 Shenandoah Street Sold | $437,500 | 2 | 1 | 810 | $540 | 0.0 mi |
C 1231 Saratoga Avenue Sold | $425,000 | 2 | 1 | 882 | $482 | 0.1 mi |
D 1226 Portola Road Sold | $408,000 | 2 | 1 | 882 | $463 | 0.1 mi |
E 5284 Shiloh Way Sold | $525,000 | 2 | 2 | 1,008 | $521 | 0.2 mi |
F 1300 Saratoga Avenue 306 Sold | $365,000 | 2 | 1 | 873 | $418 | 0.2 mi |
G 1127 Acadia Place Active | $425,000 List Price | 2 | 1 | 903 | $471 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this property is over 50 years old. While it features some updates like dual-pane windows and fresh paint, the kitchen and overall interior remain dated with older cabinetry, white appliances, and popcorn ceilings. It is functional and move-in ready but requires cosmetic modernization to meet current market standards.
As a second-floor penthouse with a private entrance and no neighbors living below, this unit offers a rare level of quiet and seclusion for a condominium.
The property features significant recent improvements, including updated dual-pane windows, fresh interior paint, and a brightened kitchen, making it ideal for immediate occupancy.
Ideally situated near Ventura's marina, beaches, and diverse dining options, the home provides a desirable coastal lifestyle with easy access to major freeways and local parks.
The lack of private in-unit laundry hookups requires residents to use a shared on-site facility, which may be a convenience drawback for modern buyers.
A monthly association fee of $420 adds a notable recurring expense to the ownership budget, which is a key consideration for price-sensitive first-time buyers and investors.
Motivated Seller! Calling all first-time homebuyers, downsizers, and savvy investors - this charming single-level second-floor penthouse condo offers comfort, privacy and a coastal charm all in one. Featuring two bedrooms and one bath, this inviting residence includes its own private entrance, allowing you to dance your heart out with no neighbors below. Enjoy updated dual-pane windows, fresh paint and bright kitchen, all wrapped in a quaint gingerbread-inspired beachy vibe that feels warm and welcoming. This home also includes a one-car garage with extra storage and additional parking, access to a shared on-site laundry facility, and a community pool perfect for relaxing on sunny afternoons. Built in 1971 and located in a well-established neighborhood, this residence is ideally situated near shopping, diverse dining options. parks, schools, beaches, and major freeways - offering convenient access to everything Ventura has to offer. Just a few miles away, enjoy the marina waterfront views, coastal dining, and lively local entertainment, including rooftop live music on Saturday nights at Margarita Villa. Feel the ocean breeze in your hair while experiencing fun in the sun, laughter, and the laid-back lifestyle of one of Ventura's most sought-after areas. Take pride in ownership as you relax in your own peaceful, single-level beach retreat.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 903 | 1,081 | 24% |
| Lot Size | 2,178 | - | 96% |
| Price | $414.0K | $552.5K | 16% |
| Price per sq ft | $458 | $483 | 40% |
| Built year | 1971 | 1979 | 20% |
| HOA | $420.0 | $506 | 29% |
| Days on market | 30 | 141 | 4% |
May 7, 2026
$414,000
Initial Listing
Nov 2, 2021
$356,000
Public Record
Oct 8, 1999
$110,000
Public Record
Sep 2, 1997
$76,500
Public Record