
Ventura, California 93003
This Modern Turnkey Condominium is a Strong Value Opportunity, listed at $375,000—positioned well below the $409,000 Fair Market Value by 8%. This valuation gap offers $34,000 in Instant Equity. The home holds a Good Condition Rating, featuring luxury vinyl plank flooring, a remodeled kitchen, and Milgard dual-pane windows. Community perks include an indoor pool, gym, and tennis courts, located near Montalvo Elementary. This move-in-ready asset is ideal for first-time buyers or Buy-and-Hold Investors seeking Ventura’s best-priced 2/2 unit.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1300 Saratoga Avenue 604 Subject | $375,000* List Price | 2 | 2 | 963 | $425 | - |
A 1466 San Simeon Court 2 Sold | $466,000 | 2 | 2 | 1,027 | $454 | 0.3 mi |
B 1320 San Simeon Court 4 Sold | $475,000 | 2 | 2 | 1,085 | $438 | 0.2 mi |
C 1300 Saratoga Avenue 306 Sold | $365,000 | 2 | 1 | 873 | $418 | 0.1 mi |
D 1177 Saratoga Avenue Sold | $420,000 | 2 | 1 | 882 | $476 | 0.1 mi |
E 1300 Saratoga Avenue 401 Sold | $369,000 | 2 | 1 | 873 | $423 | 0.1 mi |
F 1226 Portola Road Sold | $408,000 | 2 | 1 | 882 | $463 | 0.4 mi |
G 1300 Saratoga Avenue 601 Active Under Contract | $369,900 List Price | 2 | 1 | 873 | $424 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone extensive interior renovations that align with modern standards. Key updates include luxury vinyl plank flooring, Milgard dual-pane windows, smooth ceilings, and a remodeled kitchen featuring stainless steel appliances and decorative backsplash. Both bathrooms have also been previously updated. While the structure dates back to 1974, the well-maintained interior finishes and functional upgrades place it firmly in the 'good' category, as no immediate repairs or renovations are required.
As the lowest-priced 2-bedroom, 2-bathroom condo currently on the market in Ventura, this property offers an outstanding entry point for first-time buyers and a high-yield opportunity for investors.
The unit is move-in ready with modern finishes, including luxury vinyl plank flooring, Milgard dual-pane windows, and fully remodeled kitchen and bathrooms featuring stainless steel appliances and decorative tile.
The Peppertree community provides premium facilities such as an indoor pool, tennis courts, and a fitness center, while the HOA fee conveniently covers essential utilities like water, trash, and sewer.
At $506 per month, the association fees are a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some prospective buyers.
Built in 1974, the property may face long-term maintenance challenges or potential future special assessments common in older developments compared to newer construction.
Calling all investors & first time home buyers! Come check out this ground level, move-in ready condo located in the popular 'Peppertree' community! LOWEST PRICED 2 BED/2 BATH CONDO CURRENTLY ON THE MARKET IN VENTURA! Some of the home's features include luxury vinyl plank flooring, Milgard dual pane windows, smooth ceilings, and in-unit laundry! The kitchen has clean white cabinets, stainless steel appliances, and decorative backsplash! Both bathrooms were previously remodeled, with a tub in one of them, and a shower in the other! There is a private fenced patio off of the living room, and a 1 car detached garage plus 1 assigned parking spot! The HOA dues cover water, trash, and sewer. The Peppertree community HOA amenities feature an indoor pool & spa, tennis court, fitness room, and BBQ area! Centrally located near shopping, dining, hiking/biking trails, Ventura Government Center, and just minutes to the beach! This one is sure to go fast so schedule your showing today!
No exterior & parking available.
Grades K-5 • 0.7 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 | 1,154 | 28% |
| Lot Size | 963 | - | 67% |
| Price | $375.0K | $555.0K | 9% |
| Price per sq ft | $389 | $473 | 12% |
| Built year | 1974 | 1979 | 28% |
| HOA | $506.0 | $525 | 49% |
| Days on market | 40 | 190 | 7% |
Mar 13, 2026
$375,000
Initial Listing
May 21, 2021
$340,000
Public Record
Sep 4, 2008
$156,000
Public Record
Apr 27, 2005
$310,000
Public Record
Sep 4, 2002
$190,000
Public Record
Sep 20, 2001
$145,000
Public Record