204 Mara Avenue, Ventura, California 93004, Ventura, 93004 - 3 bed, 2 bath
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Ventura, California 93004
This Spacious Single Family Residence represents a Prime Investment Opportunity, listed at $899,000—positioned well below the $919,156 Fair Market Value by 2%. This valuation gap provides $20,156 in Instant Equity. Featuring a Condition Rating of 3, the home offers modern updates like vaulted ceilings and a versatile bonus room. With a large lot and dedicated RV/boat parking, this property balances lifestyle utility with financial upside. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 204 Mara Avenue Subject | $899,000* List Price | 3 | 2 | 1,742 | $528 | - |
A 425 Banner Avenue Sold | $935,000 | 3 | 2 | 1,827 | $512 | 0.2 mi |
B 766 Montgomery Avenue Sold | $925,000 | 4 | 3 | 1,577 | $587 | 0.5 mi |
C 479 Mackay Avenue Sold | $805,000 | 3 | 2 | 1,569 | $513 | 0.2 mi |
D 404 Mackay Avenue Sold | $825,000 | 3 | 2 | 1,280 | $645 | 0.2 mi |
E 290 Dana Point Avenue Sold | $915,000 | 3 | 2 | 1,502 | $609 | 0.2 mi |
F 8345 Balboa Street Sold | $995,000 | 4 | 3 | 1,854 | $537 | 0.3 mi |
G 204 Banner Avenue Sold | $819,000 | 3 | 2 | 1,244 | $658 | 0.1 mi |
H 8441 Hollister Street Sold | $910,000 | 4 | 3 | 1,843 | $494 | 0.4 mi |
I 8582 Hollister Street Active Under Contract | $855,000 List Price | 3 | 2 | 1,502 | $569 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1959, the property shows clear signs of a comprehensive mid-life renovation (likely 5-15 years ago). Updates include recessed lighting, vaulted ceilings, dual-pane windows, and modern wainscoting. The home is well-maintained and move-in ready, exceeding the 'Fair' criteria for its age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7840, living area = 1742.
The property includes a flexible bonus room that can easily serve as a fourth bedroom, home office, or creative studio, providing significant functional value for growing families or remote workers.
A dedicated parking area on the front left side of the property accommodates a boat, trailer, or small RV, a highly sought-after feature in the Ventura market.
Built in 1959, the home may require updates to its original systems or cosmetic finishes to meet the expectations of buyers looking for modern energy efficiency and contemporary design.
The property is noted as having no views, which may be a disadvantage compared to other Ventura listings that offer hillside or coastal vistas.
Welcome to 204 Mara Avenue, a beautifully maintained home nestled in one of East Ventura's most desirable neighborhoods. Blending comfort, style, and everyday convenience, this inviting residence offers spacious, light-filled living areas, a functional floor plan, and a private backyard designed for relaxing, entertaining, and enjoying Southern California's year-round sunshine.The well-appointed kitchen flows seamlessly into the main living spaces, creating an ideal setting for both daily living and memorable gatherings with family and friends. Comfortable bedrooms provide peaceful retreats, while a versatile bonus room offers the flexibility to serve as a fourth bedroom, home office, or creative space to suit your needs. Step outside to a generous backyard with endless possibilities for gardening, play, or weekend barbecues. The property also features additional parking on the front left side, perfect for a boat, trailer, or small RV.Ideally located just minutes from parks, shopping, dining, highly rated schools, and with convenient access to Highway 126 and the 101 Freeway, this home offers the perfect balance of neighborhood charm and commuter convenience. Whether you're a first-time buyer, looking for more space, or seeking a great investment opportunity, 204 Mara Avenue is a place you'll be proud to call home.Don't miss this exceptional opportunity to experience the best of Ventura living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,742 | 1,577 |
| Lot Size | 7,840 | 6,412 |
| Price | $899.0K | $966.0K |
| Price per sq ft | $516 | $611 |
| Built year | 1959 | 1965 |
| HOA | $0 | $246 |
| Days on market | 14 | 53 |
Jul 8, 2026
$899,000
Initial Listing
Apr 16, 2019
$615,000
Public Record