
Ventura, California 93003
This Value-Add Condominium represents a Strong Value Opportunity, listed at $380,000—positioned well below the $401,977 Fair Market Value by 5%. This pricing strategy secures $21,977 in Instant Equity for the incoming owner. Though currently in Original Condition with significant wear, the rare 3-bedroom ground-floor layout and private patio provide a high ceiling for forced appreciation through cosmetic modernization. Located near Montalvo Elementary, this asset is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-equity entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1300 Saratoga Avenue 1712 Subject | $380,000* List Price | 3 | 2 | 1,135 | $354 | - |
A 1300 Saratoga Avenue 306 Sold | $365,000 | 2 | 1 | 873 | $418 | 0.2 mi |
B 1300 Saratoga Avenue 1905 Active | $440,000 List Price | 3 | 2 | 1,135 | $388 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this property is in mostly original condition and shows significant signs of wear and tear. The carpets appear heavily stained and worn, the kitchen features dated white cabinetry and older appliances, and the interior surfaces like closet doors show visible scuffs and damage. While the unit is functional and currently occupied, it requires minor to moderate updates, including new flooring, paint, and modernization of the kitchen and bathrooms to meet contemporary standards.
Positioned as one of the lowest-priced 3-bedroom, 2-bathroom units in the area, this property offers a highly competitive entry point for homeowners and investors alike.
The ground-floor location makes this unit ideal for all age groups, providing easy access without the need for stairs, which enhances its long-term desirability.
Situated near major shopping hubs and the Government Center, the property offers residents excellent convenience and proximity to essential services and employment.
The monthly HOA fee of $506 is a significant recurring cost that may impact the overall affordability and monthly budget for potential buyers.
Built in 1974, the property may require updates to its original systems or cosmetic finishes to meet modern standards and buyer expectations.
Well priced 3+2 lower unit - so young and older folks can live here. Near Shopping, Govt. center and more. One of the lowest, if not the lowst 3+2 in the area.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
Grades 6-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 72% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,135 | 1,154 | 49% |
| Lot Size | 1,135 | - | 70% |
| Price | $380.0K | $555.0K | 14% |
| Price per sq ft | $335 | $473 | 7% |
| Built year | 1974 | 1979 | 28% |
| HOA | $506.0 | $525 | 49% |
| Days on market | 13 | 190 | 2% |
Apr 9, 2026
$380,000
Initial Listing