
Ventura, California 93001
This Quintessential 1925 Spanish Revival is a Strong Value Opportunity, listed at $1,375,000—positioned below the $1,401,580 Fair Market Value by 2%. This valuation gap offers $26,580 in Instant Equity. While currently holding a Condition Rating of 4 due to its eclectic "50s diner" interior, the home features Original Hardwood Floors and a Second-Story Studio with panoramic Ocean and Island Views. With a Garage-Converted Third Bedroom offering ADU potential near Top-Rated Schools, this property is a premier choice for Owner-Occupants seeking a historic canvas or Value-Add Investors looking to capitalize on the prestigious Hobson Heights market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1693 Poli Street Subject | $1,350,000* List Price | 3 | 2 | 1,656 | $815 | - |
A 1275 Buena Vista Street Sold | $1,700,000 | 3 | 2 | 1,875 | $907 | 0.4 mi |
B 1806 Sunset Drive Sold | $1,590,000 | 3 | 3 | 2,312 | $688 | 0.3 mi |
C 329 Mariposa Drive Sold | $1,300,000 | 4 | 3 | 2,235 | $582 | 0.3 mi |
D 1867 Poli Street Active | $1,222,000 List Price | 3 | 2 | 1,394 | $877 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1925, this Spanish-style home is well-maintained but features highly dated and 'eclectic' interior elements, including a 50's diner-themed kitchen and older bathrooms. While the property boasts solid 'bones,' hardwood flooring, and a desirable location with ocean views, the 'as-is' sale status and the non-traditional layout (such as the garage-converted third bedroom) indicate that significant cosmetic updates and modernization are required to meet current market standards.
Situated on the iconic Poli Street in the prestigious Hobson Heights subdivision, this property offers breathtaking southwest-facing ocean and island views, particularly from the second-story studio.
The floor plan includes a flexible second-story studio and a third bedroom with private access and a vanity, providing excellent potential for a home office, guest suite, or ADU-style living.
This 1925 Spanish-style home features solid structural 'bones' and original hardwood flooring, offering a charming and authentic canvas for buyers looking to restore a historic gem.
The property is being sold in as-is condition by a trust, which, combined with the eclectic '50s diner' theme, suggests a need for significant cosmetic updates or renovation investment.
The third bedroom is a converted garage space rather than a traditional interior room, which may not suit all buyers and could impact the perceived functional flow of the home.
Quintessential 1925 Spanish home along iconic Poli Street located in the desirable subdivision of Hobson Heights with a SW facing ocean view. Hardwood floor in the living room and 2 main house bedrooms; 2 bathrooms with plenty of space and a bit eclectic. Previous owners created a 50's diner theme, lending to the idea that anything is possible with this property as the bones are solid and the property is amazing. The third bedroom is like an ADU with a vanity/ sink with private access located in what used to be the garage. Laundry is adjacent to this bedroom. Beyond the kitchen is an extra room flowing to the back yard, as well, a staircase leading to the second story Studio with an amazing ocean and island view. This room was used as a library but could be an office or Yoga/ Art studio. The terraced back yard with shed and patios, offer gorgeous private views amongst greenery and nature. Also, being on the North Side of Poli offers parking on the street which is really beneficial when you have deliveries or guests. This property is a canvas of endless possibilities ~ being sold AS IS in a trust. Inspections can be found in Documents. Permits on file. *Buyer to verify all information and property details independently, check with The City of Ventura for all future remodel ideas*
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,656 | 1,693 | 46% |
| Lot Size | 6,969 | 5,445 | 69% |
| Price | $1.35M | $1.35M | 50% |
| Price per sq ft | $815 | $768 | 56% |
| Built year | 1925 | 1965 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 181 | 16% |
Apr 14, 2026
$1,350,000
$1,375,000
-2% Price Drop
Initial Listing
Feb 24, 2026
$1,375,000
$1,425,000
-4% Price Drop
Initial Listing
Feb 4, 2026
$1,425,000
Initial Listing