1813 Ocean Avenue, Ventura, California 93001, Ventura, 93001 - 3 bed, 1 bath
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Ventura, California 93001
This property presents a High-Potential Investment Opportunity with a List Price of $1,049,900—positioned above the $994,874 Fair Market Value. While the property requires modernization due to its Fair Condition Rating, the R3-5 Zoning on an oversized 8,666 sqft lot provides significant upside for multi-unit development. Located in a prime coastal neighborhood with proximity to top-rated schools like Ventura High, this asset is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking to leverage land value and density potential in a high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1813 Ocean Avenue Subject | $1,049,900* List Price | 3 | 1 | 1,140 | $873 | - |
A 194 Jordan Avenue Sold | $895,000 | 4 | 2 | 1,339 | $668 | 0.4 mi |
B 1973 Evans Avenue Sold | $860,000 | 2 | 1 | 932 | $923 | 0.4 mi |
C 1867 Poli Street Sold | $1,300,000 | 3 | 2 | 1,394 | $933 | 0.5 mi |
D 1991 Evans Avenue Sold | $951,000 | 2 | 1 | 1,072 | $887 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1918, this property is highly dated and lacks modern central systems, relying on a wood stove and portable window AC units. While the interior has received minor cosmetic updates like laminate flooring and paint, the overall layout (3 beds to 1 bath) and aged infrastructure place it in fair condition, requiring modernization and updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8666, living area = 1140.
The property is zoned R3-5 on an oversized 8,666 sqft lot, offering rare multi-unit or duplex development opportunities for investors and homeowners.
Situated in desirable Mid-Town Ventura, the home provides excellent proximity to the beach, downtown dining, and local boutique shops.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8666, other record lot size in square feet = 8276.
With three bedrooms but only one bathroom, the 1918 layout may require a significant renovation to meet modern buyer expectations.
Having spent 70 days on the market with a recent price increase, the property may face challenges regarding perceived value versus current market demand.
Classic Ventura Mid-Town opportunity on an Extra Extra-large lot! This 3-bedroom, 1-bath home offers both charm and incredible upside, situated on a generously sized parcel where larger lots are increasingly hard to find. Zoned R3-5, this property presents exceptional potential for homeowners and investors alike to add a duplex or multi unit, making it a rare value-add opportunity in a prime location. Ideally located in Ventura's desirable Mid-Town neighborhood, just a couple minutes to Downtown Ventura, local shops, dining, and with outstanding proximity to the Beach. Enjoy convenient access to the 101 freeway without the noise, making commuting a breeze. Santa Barbara is approximately 30 miles up the coast, while Malibu is about 40 miles south, placing you in the heart of the California coastline lifestyle.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,140 | 1,577 |
| Lot Size | 8,666 | 6,412 |
| Price | $1.05M | $966.0K |
| Price per sq ft | $921 | $611 |
| Built year | 1918 | 1965 |
| HOA | $0 | $246 |
| Days on market | 104 | 53 |
Jun 18, 2026
$1,049,900
$999,999
+5% Price Increase
Initial Listing
Apr 9, 2026
$999,999
Initial Listing