
Ventura, California 93004
This property presents a High-Potential Investment Opportunity with a List Price of $737,000—positioned well below the $756,175 Fair Market Value by 2%. This valuation gap offers $19,175 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home includes major system upgrades like a 2026 HVAC and 2018 roof, while offering significant upside through cosmetic modernization. With a large 7,168 sqft lot and gated RV parking, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1273 Elsinor Avenue Subject 4 bd · 2 ba · 1,192 sqft · $634 | $737,000* List Price | 4 | 2 | 1,192 | $634 | - |
A 1352 Elsinor Avenue Sold 4 bd · 2 ba · 1,192 sqft · $625 · 0.1 mi | $745,000 | 4 | 2 | 1,192 | $625 | 0.1 mi |
B 1115 S Saticoy Avenue Sold 2 bd · 2 ba · 1,340 sqft · $541 · 0.2 mi | $725,000 | 2 | 2 | 1,340 | $541 | 0.2 mi |
C 925 Utica Avenue Sold 3 bd · 2 ba · 1,209 sqft · $612 · 0.6 mi | $740,000 | 3 | 2 | 1,209 | $612 | 0.6 mi |
D 9144 Neath Street Sold 4 bd · 2 ba · 1,624 sqft · $511 · 0.9 mi | $829,900 | 4 | 2 | 1,624 | $511 | 0.9 mi |
E 983 Jasper Avenue Sold 2 bd · 2 ba · 1,274 sqft · $667 · 0.5 mi | $849,999 | 2 | 2 | 1,274 | $667 | 0.5 mi |
F 1298 Arrowhead Avenue Active Under Contract 4 bd · 2 ba · 1,192 sqft · $629 · 0.1 mi | $750,000 List Price | 4 | 2 | 1,192 | $629 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is rated as Fair because while the major systems are in excellent shape—including a new roof (2018), new HVAC (2026), and new water heater (2026)—the interior living spaces are significantly dated. The kitchen features original-style wood cabinetry and tile countertops, and the listing explicitly notes that the kitchen, bathrooms, flooring, and paint are ready for updates. The home is functional and well-maintained but exceeds the 20-year threshold for modern finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7168, living area = 1192.
The property features significant recent capital improvements, including a new roof (2018/19), new HVAC (2026), and a new water heater (2026), reducing immediate maintenance costs for the buyer.
Situated on a generous 7,168 sqft lot, the home offers a large fully fenced yard with a covered patio and rare gated side parking suitable for a boat, trailer, or small RV.
The property is being sold strictly in as-is condition and requires comprehensive updates to the flooring, paint, kitchen, and bathrooms to meet modern standards.
The fourth bedroom has been converted into a dining room with an open wall, which may require construction work to restore its functionality as a private sleeping area.
Motivated Seller, is ready to sell, don't miss out on this terrific opportunity! Priced below recent comparable sales, this 4 bedroom, 2 bathroom home is ready for it's next owner. Owned by the same family since 1962 this property has been well loved. Featuring New HVAC in spring of 2026, New water heater in June 2026, New quiet automatic garage door opener in 2023 and New roof in 2018/2019. There is tile flooring throughout kitchen, bathrooms, dining & hallways. There is carpet in bedrooms & living room area only. Ready for the lucky new owner to update flooring, paint, kitchen & bathrooms, to make this into a wonderful home personalized to their own taste! The front and back yards are spacious & well designed for entertaining on the large partially covered patio and well suited for pets, children, friends & family to play in the large fully fenced yard. There is additional gated parking for a car, boat or small RV along the side of the home. The 4th bedroom is being used as a spacious dining room, with the closet functioning well as a large pantry; one wall has been opened into the kitchen/living area with easy access to the covered patio & rear yard. Attractive block wall in rear yard with large built-in planter area. An additional A/C unit with installed vent in 3rd bedroom for optional cooling of that room only, is a nice feature for someone needing a cooler room, without having to cool the entire house. Washer/Dryer hookups in kitchen for convenient in home laundry. Don't miss the offer deadline for this well-priced property, set up an appointment to view with your agent as soon as possible! Very well priced for current condition, property is being sold in completely AS-IS condition.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,192 | 1,627.281 |
| Lot Size | 7,168 | 6,289.688 |
| Price | $737.0K | $960.5K |
| Price per sq ft | $618 | $626 |
| Built year | 1962 | 1964 |
| HOA | $0 | $203 |
| Days on market | 8 | 58 |
Oct 16, 2026
$737,000
Initial Listing