1441 Iguana Circle, Ventura, California 93003, Ventura, 93003 - 3 bed, 2 bath
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1441 Iguana Circle
Ventura, California 93003
ACTIVE UNDER CONTRACT
CONDITION: POOR
3Beds
2Baths
1,481Sq Ft
0Lot Size
Property Price
LIST PRICE$499,900
EST. MARKET VALUE
$492,879
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $499,900—positioned well above the $492,879 Fair Market Value by 1.4%. While the price reflects current market stability, the Fair Condition Rating of 5 indicates a significant need for interior modernization. Featuring a 1,481 sqft functional layout with upstairs laundry and a private garage, the home offers a blank canvas for value-add renovations. Located near the Ventura County Government Center and Portola Elementary (Rating 8), this is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build sweat equity.
Estimated Market Value
$492,879
Based on Realkey algorithm analyzing recent comparable sales in Ventura.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1974 (50 years old) with no recorded renovations, this property is explicitly marketed as a 'fixer-upper' requiring 'custom renovations' and a 'design from the ground up.' Images show heavily stained, original-style carpeting and dated interiors, indicating that the kitchen, bathrooms, and major systems likely require a full rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Value-Add Potential
As a designated fixer-upper priced under $500k, this property offers a prime opportunity for investors or owner-occupants to build substantial sweat equity through custom renovations.
- Desirable Location & School Proximity
The condo is ideally situated near the Ventura County Government Center and is within walking distance (0.5 miles) of a highly-rated elementary school, enhancing its long-term resale appeal.
- Functional & Spacious Layout
With nearly 1,500 square feet of living space, the floor plan includes modern conveniences such as upstairs laundry hookups and a private garage, which are rare for units in this price bracket.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The property is in need of significant updates and repairs, which will require immediate capital investment and may limit financing options for traditional buyers.
- Limited Parking for Unit Size
A 1-car garage for a 3-bedroom residence may be a constraint for multi-vehicle households, potentially leading to parking challenges in a high-density condominium complex.
About 1441 Iguana Circle
Unlock the incredible potential of this 3-bedroom, 1.5-bathroom condominium, perfectly primed for your custom renovations and personal touch. Located near the Ventura County Government Center, this fixer-upper offers a highly functional layout, featuring the ultimate daily convenience of upstairs laundry hookups alongside spacious bedrooms. The property includes a private 1-car garage for secure parking or extra storage, as well as a low-maintenance small yard ideal for intimate outdoor gatherings, gardening, or pets. Whether you are an ambitious investor looking for your next flip or a savvy homebuyer wanting to build sweat equity and design your dream space from the ground up, this condo represents an unmatched value-add opportunity in today's market.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $437.0 / Month
Neighborhood Insights
Ventura Unified Schools
Portola Elementary School
Grades K-5 • 0.5 mi
8/10
Anacapa Middle School
Grades 6-8 • 3.1 mi
4/10
Buena High School
Grades 9-12 • 1.6 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,481 | 1,062.1 |
| Lot Size | - | 1,719 |
| Price | $499.9K | $537.9K |
| Price per sq ft | $338 | $490 |
| Built year | 1974 | 1978 |
| HOA | $437.0 | $465 |
| Days on market | 28 | 57 |
Pricing History
Listed for Sale
Aug 12, 2026
$499,900
Initial Listing