1300 Saratoga Avenue 1212, Ventura, California 93003, Ventura, 93003 - 2 bed, 2 bath
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Ventura, California 93003
This property presents a High-Potential Investment Opportunity with a List Price of $345,000—positioned well below the $294,718 Fair Market Value by -17%. While the property requires a full rehab due to its Condition Rating of 5, the ground-floor accessibility and newer windows provide a functional foundation. Located near Montalvo Elementary and Buena High, this asset offers a value-add project for Buy-and-Hold Investors or first-time buyers capable of managing deferred maintenance to capture long-term appreciation in the Ventura market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1300 Saratoga Avenue 1212 Subject | $345,000* List Price | 2 | 2 | 963 | $306 | - |
A 1226 Portola Road Sold | $408,000 | 2 | 1 | 882 | $463 | 0.4 mi |
B 1300 Saratoga Avenue 211 Active | $367,000 List Price | 2 | 2 | 963 | $381 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1974 (50 years old) with explicit mention of deferred maintenance. While windows and bedroom floors are newer, the bathroom shows significant wear and dated fixtures, and the property requires a full rehab to meet modern standards.
Positioned as one of the most competitively priced 2-bedroom units in Ventura, this property offers an excellent entry point for first-time buyers or investors looking for value.
The ground-floor location provides convenient, stair-free access, which is a highly desirable feature for long-term accessibility and ease of move-in.
The inclusion of newer energy-efficient windows and sliding glass doors, plus updated laminate flooring in bedrooms, provides a solid foundation for further renovations.
The property requires significant cosmetic updates and repairs to address deferred maintenance, necessitating additional capital investment immediately after purchase.
The $506 monthly association fee is relatively high compared to the list price, which may impact the overall affordability and debt-to-income ratio for potential buyers.
Ground floor location in the most affordable complex in Ventura, Peppertree! Featuring 2 bedrooms and 2 bathrooms, and a 1 car detached garage. Newer windows and sliding glass door plus newer laminate floors in bedrooms. Otherwise, has some deferred maintenance and it's ready for your updates! Please note, photos are not current. VA Approved complex!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 963 | 1,081 | 24% |
| Lot Size | 963 | - | 70% |
| Price | $345.0K | $557.0K | 7% |
| Price per sq ft | $358 | $495 | 9% |
| Built year | 1974 | 1979 | 28% |
| HOA | $506.0 | $506 | 50% |
| Days on market | 0 | 142 | 7% |
May 15, 2026
$345,000
Initial Listing
Aug 8, 2022
$379,000
Public Record