
Ventura, California 93004
This 5-bedroom single-story residence represents a High-Potential Investment Opportunity, listed at $850,000—positioned well below the $873,810 Fair Market Value by 2%. This valuation gap provides $23,810 in Instant Equity. While the home maintains a Condition Rating of 4, its dated 1970s infrastructure offers a clear path for value-add modernization. Located near top-rated schools like Junipero Serra Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term wealth through strategic cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1890 Potomac Avenue Subject 5 bd · 2 ba · 1,787 sqft · $489 | $850,000* List Price | 5 | 2 | 1,787 | $489 | - |
A 9144 Neath Street Sold 4 bd · 2 ba · 1,624 sqft · $511 · 0.3 mi | $829,900 | 4 | 2 | 1,624 | $511 | 0.3 mi |
B 8497 Neath Street Sold 4 bd · 3 ba · 1,680 sqft · $517 · 0.4 mi | $869,000 | 4 | 3 | 1,680 | $517 | 0.4 mi |
C 9013 Santa Margarita Road Sold 4 bd · 3 ba · 2,122 sqft · $507 · 0.2 mi | $1,075,000 | 4 | 3 | 2,122 | $507 | 0.2 mi |
D 1256 Rugby Avenue Sold 4 bd · 2 ba · 1,430 sqft · $587 · 0.6 mi | $840,000 | 4 | 2 | 1,430 | $587 | 0.6 mi |
E 8830 Ogden Street Sold 5 bd · 3 ba · 1,920 sqft · $508 · 0.8 mi | $975,000 | 5 | 3 | 1,920 | $508 | 0.8 mi |
F 766 Montgomery Avenue Sold 4 bd · 3 ba · 1,577 sqft · $587 · 1.0 mi | $925,000 | 4 | 3 | 1,577 | $587 | 1.0 mi |
G 1857 Potomac Avenue Pending 4 bd · 2 ba · 1,631 sqft · $490 · 0.0 mi | $799,900 List Price | 4 | 2 | 1,631 | $490 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is over 50 years old and, while exceptionally well-maintained by the original owner with fresh interior paint and clean flooring, the kitchen and bathrooms remain dated and will require cosmetic updates and modernization.
A unique find in East Ventura, this single-story floor plan offers five bedrooms, providing exceptional versatility for multigenerational living, large families, or dedicated home offices.
Meticulously maintained by the original owners since 1973, the property sits on a desirable corner lot and features fresh interior paint and wood-look flooring, ensuring a clean and inviting atmosphere.
The exterior offers high utility with low-maintenance artificial turf in the front, mature fruit trees in the back, and a convenient side access gate for easy gardening and maintenance.
Built in 1973, the home may require significant cosmetic modernizations or system upgrades to align with contemporary open-concept preferences and energy efficiency standards.
The property lacks the mountain or coastal views often sought after in the Ventura market, which may impact its competitive appeal compared to hillside or coastal-adjacent listings.
Welcome to this hard-to-find East Ventura single-story 5-bedroom, 2-bath home, proudly owned by the same family since it was built. Situated on a desirable corner lot in one of Ventura's established neighborhoods, this well-maintained home offers an exceptional combination of space, functionality, and opportunity.Inside, you'll find a bright, comfortable floor plan featuring a spacious living room with a cozy fireplace, wood-look flooring and carpet throughout, and fresh interior touch-up paint that gives the home a clean, inviting feel. The versatile layout provides plenty of room for a growing family, guests, a home office, hobbies, or multigenerational living.The low-maintenance front yard features artificial turf, while the private, shaded backyard offers mature fruit trees and plenty of space to relax, entertain, or enjoy outdoor living. A convenient side access gate provides easy entry from the street to the backyard, making access simple for gardening, maintenance, or larger items.Ideally located near parks, schools, shopping, dining, and nearby walking trails, this property combines everyday convenience with the comfort of an established neighborhood. Original-owner, five-bedroom homes like this rarely come on the market, making this a unique opportunity to create lasting memories in a home that has been lovingly cared for for decades.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 2.4 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,787 | 1,627.281 |
| Lot Size | 6,534 | 6,289.688 |
| Price | $850.0K | $960.5K |
| Price per sq ft | $476 | $626 |
| Built year | 1973 | 1964 |
| HOA | $0 | $203 |
| Days on market | 29 | 58 |
Sep 25, 2026
$850,000
Initial Listing