
Ventura, California 93001
This Modern Townhouse is a Prime Investment Opportunity, listed at $799,990—positioned well below the $829,467 Fair Market Value by 3%. This valuation gap offers $29,477 in Instant Equity for the buyer. Featuring a 2024 Construction date and an Excellent Condition Rating, this unit offers a turnkey lifestyle with high-end quartz finishes and City Lights and Mountain Views. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, low-maintenance residence in Midtown Ventura.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2218 E Main Street 303 Subject 2 bd · 3 ba · 1,432 sqft · $550 | $780,000* List Price | 2 | 3 | 1,432 | $550 | - |
A 44 Coronado Street 202 Sold 2 bd · 3 ba · 1,383 sqft · $513 · 0.0 mi | $710,000 | 2 | 3 | 1,383 | $513 | 0.0 mi |
B 1290 E Thompson Boulevard 105 Sold 3 bd · 4 ba · 1,494 sqft · $629 · 0.9 mi | $940,000 | 3 | 4 | 1,494 | $629 | 0.9 mi |
C 1536 E Thompson Boulevard Active Under Contract 2 bd · 3 ba · 1,102 sqft · $708 · 0.6 mi | $779,995 List Price | 2 | 3 | 1,102 | $708 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2024 construction in mint condition. Features a modern kitchen with quartz countertops and stainless steel appliances, new HVAC systems, and contemporary ensuite bathrooms with high-end finishes.
Completed in 2024, this unit offers a turnkey living experience with contemporary finishes, quartz countertops, stainless steel appliances, and the rare convenience of air conditioning in a coastal climate.
The unique floor plan features separate entrances on both the second and third floors and two spacious ensuite bedrooms, providing exceptional privacy and flexibility for guests or a home office.
Situated in the heart of Midtown Ventura, the property offers excellent walkability and proximity to historic downtown, local beaches, the pier, and medical facilities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1432, other record living area = 1489.
The monthly HOA fee of $701 is relatively high for a townhouse, which increases the total monthly carrying cost and may impact affordability for some buyers.
Being located in a mixed-use development with street-level commercial space may result in higher foot traffic and less residential seclusion compared to traditional neighborhoods.
Welcome to Portalvo, a modern mixed-use development in the heart of desirable Midtown Ventura, offering commercial space at street level with residences above. Completed in 2024, Unit 303 offers the feel of a brand-new home with a unique two-story floor plan, separate entrances on the second and third floors, and the convenience of air conditioning. Both the building and unit are ADA accessible. The upper level is designed for everyday living and entertaining, with an open-concept kitchen, dining area, and family room all connected by high ceilings and an abundance of natural light. The kitchen features beautiful dark cabinetry with soft close doors and drawers, quartz countertops, a large center island, and stainless steel appliances. A reverse osmosis water filtration system provides filtered water to the kitchen sink and also supplies the refrigerator's water dispenser and ice maker. The adjacent dining and family room areas open to a cozy balcony where you can enjoy views of the Ventura foothills during the day and city lights in the evening. A spacious powder room and laundry closet complete the upper level. Downstairs, you'll find two generously sized bedrooms, each with its own ensuite bathroom. The primary suite offers a private balcony, a larger bathroom with dual sinks and a spacious shower, and a large walk-in closet with built in organizers. The second ensuite bedroom provides excellent flexibility and can easily serve as a guest suite, home office, or additional living space. Thoughtfully designed built-in storage and organizers throughout both levels help maximize the space and keep everything organized. Two side-by-side parking spaces are included in the subterranean garage, along with a private, good-sized storage area behind a locked door. The location puts you close to everything Ventura has to offer, with historic Downtown Ventura, the Promenade and Pier, beaches, marina, restaurants, shopping, and hospitals all just a short bike ride or drive away. With its 2024 construction, two-story design, modern finishes, views, air conditioning, ADA accessibility, and excellent central Ventura location, Unit 303 offers a unique opportunity to own a newer home in one of Ventura's most convenient areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 2.8 |
| Square foot | 1,432 | 1,491.652 |
| Lot Size | 1,432 | 1,823.565 |
| Price | $780.0K | $619.9K |
| Price per sq ft | $545 | $472 |
| Built year | 2024 | 1993 |
| HOA | $701.0 | $501 |
| Days on market | 22 | 75 |
Oct 23, 2026
$780,000
$799,990
-2% Price Drop
Initial Listing
Oct 3, 2026
$799,990
Initial Listing