
Ventura, California 93001
This property presents a High-Potential Investment Opportunity with a List Price of $730,000—positioned well below the $752,492 Fair Market Value by 2%. This valuation gap offers $22,492 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full renovation, yet the 5,662-square-foot lot provides significant upside for expansion or ADU development. Located in a vibrant coastal neighborhood, this asset is ideal for Fix-and-Flip Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 225 W Center Street Subject | $730,000* List Price | 2 | 1 | 1,000 | $755 | - |
A 386 W Prospect Street Sold | $600,000 | 1 | 1 | 778 | $771 | 0.2 mi |
B 235 W Center Active | $775,000 List Price | 3 | 1 | 974 | $796 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 and explicitly described as a 'renovation project' and 'canvas for investors,' this property shows significant age. Interior photos reveal original hardwood floors, dated built-ins, and older windows, suggesting that the kitchen, bathrooms, and major systems are likely original or well past their useful life and require a full rehab.
The generous 5,662-square-foot lot provides significant room for outdoor entertaining, expansion, or the addition of an ADU, offering excellent value-add potential in a coastal market.
Ideally situated with convenient access to Downtown Ventura, local beaches, and parks, this property offers a highly desirable lifestyle in a vibrant, sought-after neighborhood.
As a charming 1950s bungalow, the home serves as a perfect entry-level canvas for first-time buyers or a high-potential renovation project for seasoned investors.
With only 1,000 square feet and a 2-bedroom, 1-bathroom configuration, the interior layout may be restrictive for growing families or those requiring more modern proportions.
Marketed as a project or 'canvas,' the property likely requires a substantial capital investment to modernize its 1950s systems and finishes to meet current buyer expectations.
Charming Ventura Westside bungalow offering endless potential in one of the city's most sought-after neighborhoods. This 2-bedroom, 1-bath home features approximately 1,000 square feet of living space situated on a generous 5,662-square-foot lot. Rich with character and opportunity, the property provides the perfect canvas for first-time buyers, investors, or those looking to create their dream coastal retreat. The spacious lot offers room for outdoor entertaining, gardening, expansion possibilities, or potential ADU opportunities (buyer to verify). An attached garage and ample yard space add to the home's versatility and appeal. Ideally located in Ventura's vibrant Westside neighborhood, you'll enjoy convenient access to Downtown Ventura, local restaurants, beaches, parks, schools, and freeway connections. Whether you're seeking a primary residence, investment property, or renovation project, this property presents an exceptional opportunity to own a piece of Ventura's coastal lifestyle. Don't miss your chance to unlock the potential of this centrally located Ventura gem.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 2.5 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,000 | 1,577 |
| Lot Size | 5,662 | 6,412 |
| Price | $730.0K | $966.0K |
| Price per sq ft | $730 | $611 |
| Built year | 1950 | 1965 |
| HOA | $0 | $246 |
| Days on market | 37 | 53 |
Jun 15, 2026
$730,000
Initial Listing