218 Palomares Avenue, Ventura, California 93003, Ventura, 93003 - 2 bed, 2 bath
Loading property details...
Ventura, California 93003
This Charming Single-Story Residence is a move-in-ready sanctuary listed at $1,234,500, reflecting its premium location and stability near its $1,187,305 Fair Market Value. Boasting a Condition Rating of 3, the home features original wood floors, a modernized HVAC system, and a flexible den. The property offers an exceptional lifestyle with a detached workshop and separate office, providing significant ADU Potential. Located steps from Loma Vista Elementary School and near Ventura College, this listing balances daily convenience with long-term flexibility. It is a perfect fit for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 218 Palomares Avenue Subject | $1,234,500* List Price | 2 | 2 | 1,829 | $646 | - |
A 3179 Porter Lane Sold | $910,000 | 4 | 2 | 1,725 | $528 | 0.8 mi |
B 209 Dorothy Avenue Sold | $1,295,000 | 3 | 2 | 1,790 | $723 | 0.0 mi |
C 339 Carol Drive Sold | $1,220,000 | 2 | 2 | 1,427 | $855 | 0.2 mi |
D 4457 Westmont Street Sold | $1,048,000 | 4 | 3 | 1,737 | $603 | 0.6 mi |
E 501 Redwood Avenue Sold | $947,500 | 4 | 2 | 1,759 | $539 | 0.7 mi |
F 412 Dayloma Avenue Sold | $1,140,000 | 4 | 2 | 1,362 | $837 | 1.0 mi |
G 176 N Mills Road Active | $1,150,000 List Price | 4 | 3 | 2,079 | $553 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring key recent upgrades including a remodeled bathroom and a modernized heating/cooling system. While the home was built in 1953, the presence of original wood floors, a separate office, and a functional workshop indicates a high level of upkeep and functional utility without the need for immediate major renovations.
The property features a detached two-car garage with a workshop and a separate free-standing office, offering exceptional flexibility for remote work or conversion into an Accessory Dwelling Unit (ADU) for rental income.
Ideally situated near Ventura College, major hospitals, and key transit routes, this home provides high convenience and strong demand potential for both owner-users and medical/academic professionals.
Recent updates to the heating and cooling systems, along with a remodeled bathroom and classic wood flooring, reduce immediate capital expenditure requirements for a home of this vintage.
The current two-bedroom configuration may limit appeal for larger families, requiring the buyer to invest in converting the den to achieve a more standard three-bedroom layout.
The listing price of over $1.2M for a 1950s-era home represents a significant price point that may require a specific buyer profile looking for long-term upside rather than immediate value.
Charming single-story Ventura home with flexible living space, featuring 2 bedrooms, 2 baths and a den that can be converted into a third bedroom. Wood floors, recently updated bathroom and heating/cooling system, detached two car garage with workshop and ADU potential, plus a separate free standing office. Conveniently located near shopping, dining, hospitals and schools--including Ventura College--and major routes-an excellent opportunity for investors or owner-users seeking upside.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 5% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,829 | 1,710 | 63% |
| Lot Size | 6,969 | 6,969 | 50% |
| Price | $1.23M | $950.0K | 78% |
| Price per sq ft | $675 | $580 | 71% |
| Built year | 1953 | 1963 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 181 | 10% |
Mar 5, 2026
$1,234,500
Initial Listing
Sep 14, 2005
$751,000
Public Record
Aug 12, 2005
$745,000
Public Record
Jul 15, 2005
$650,000
Public Record