2342 Kipana Avenue, Ventura, California 93001, Ventura, 93001 - 2 bed, 2 bath
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2342 Kipana Avenue
Ventura, California 93001
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,138Sq Ft
0Lot Size
Property Price
LIST PRICE$565,000
EST. MARKET VALUE
$590,000
4% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $590,000—positioned well below the $609,633 Fair Market Value by 3%. This valuation gap offers $19,633 in Instant Equity for the buyer. Featuring a Good Condition Rating, the unit boasts Hardwood Floors, a Granite Kitchen, and a Pool-View Balcony. Located near coastal amenities and local schools, this property balances lifestyle appeal with financial stability. It is an ideal acquisition for Owner-Occupants seeking beachside living or first-time buyers.
Estimated Market Value
$590,000+$25,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Ventura.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2342 Kipana Avenue Subject 2 bd · 2 ba · 1,138 sqft · $518 | $565,000* List Price | 2 | 2 | 1,138 | $518 | - |
A 2438 Kipana Avenue Sold 2 bd · 2 ba · 1,421 sqft · $419 · 0.0 mi | $595,000 | 2 | 2 | 1,421 | $419 | 0.0 mi |
B 256 Blackfoot Lane Sold 2 bd · 1 ba · 908 sqft · $608 · 0.3 mi | $552,000 | 2 | 1 | 908 | $608 | 0.3 mi |
C 771 Seneca Street D43 Pending 2 bd · 2 ba · 986 sqft · $413 · 0.6 mi | $407,400 List Price | 2 | 2 | 986 | $413 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although the property was built in 2002 (24 years old), it is rated 'Good' due to significant interior upgrades that keep it move-in ready. The listing highlights hardwood floors, granite countertops, and stainless steel sinks, which are typical of a 5-15 year renovation cycle. The bathrooms and systems appear functional and well-maintained, avoiding the 'Fair' classification which implies a need for repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Upgrades
The unit features high-quality finishes including hardwood flooring, granite countertops, and stainless steel appliances, offering a turnkey living experience for buyers.
- Resort-Style Amenities
Residents enjoy a pool-view balcony and immediate access to community features like a spa, an attached garage, and on-site dining options including a coffee house.
- Strategic Coastal Location
Situated just minutes from downtown Ventura and local beaches, the property provides an ideal balance of beachside living and easy freeway accessibility.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $500 adds a substantial recurring cost to the ownership of this two-bedroom condominium, which may impact buyer affordability.
- Moderate School Ratings
The local public schools serving the area have average ratings ranging from 4 to 6, which may be a consideration for families prioritizing top-tier educational districts.
About 2342 Kipana Avenue
2/1 Buy down available for buyer! Beautifully upgraded inside, hardwood floors, bright dining room, living room with fireplace and door to balcony over looking the pool. Resort living at its finest! 2 bedrooms + 2 bathrooms, open floor plan, very comfortable for entertaining. Lovely kitchen with granite counters and backsplash, upgraded facets, stainless sinks. Frig stays. Inside laundry and washer and dryer stay! Spacious primary bedroom with dual vanity, hardwood floors, walk in closet. Sit on your balcony and view the palm tree lined pool and spa. Great place to have your coffee in the morning or place to relax after work. Attached garage for easy access. Sycamore Village has a coffee house, Mexican food, as you drive in the complex. Just minutes from downtown and beaches, easy access to freeways. This home offers the best of beach living in Ventura!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2002
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $500.0 / Month
Neighborhood Insights
Ventura Unified Schools
E. P. Foster Elementary School
Grades K-5 • 0.6 mi
4/10
De Anza Academy Of Technology And The Arts
Grades 6-8 • 0.3 mi
5/10
Ventura High School
Grades 9-12 • 2.4 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,138 | 1,078.707 |
| Lot Size | - | 1,556.683 |
| Price | $565.0K | $510.6K |
| Price per sq ft | $496 | $480 |
| Built year | 2002 | 1978 |
| HOA | $500.0 | $474 |
| Days on market | 23 | 56 |
Pricing History
Listed for Sale
Oct 22, 2026
$565,000
$568,000
-1% Price Drop
Initial Listing
Price Change
Oct 16, 2026
$568,000
$578,000
-2% Price Drop
Initial Listing
Price Change
Oct 9, 2026
$578,000
$590,000
-2% Price Drop
Initial Listing
Price Change
Oct 1, 2026
$590,000
Initial Listing
Sold
Apr 15, 2016
$355,000
Public Record
Sold
Sep 25, 2009
$250,000
Public Record
Sold
Oct 31, 2006
$450,000
Public Record
Sold
Sep 25, 2002
$282,500
Public Record