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240 Gorrion Avenue, Ventura, California 93004, Ventura, 93004 - 5 bed, 2 bath

240 Gorrion Avenue, Ventura, California 93004 home-pic-0
ACTIVE UNDER CONTRACT$799,000$1,754/sqft
Est. Value: $708,387
-11%
AboveEstimate
240 Gorrion Avenue, Ventura, California 93004
5Beds
2Baths
1,754Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($708,387.345) is $90,612.655 (11%) lower than the list price ($799,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1754.
Top Cons:
Requires Cosmetic Updates: The home is in its original condition and requires significant cosmetic updates and 'tender love and care' to modernize its aesthetic and functionality.

Compared to the nearby listings

Price:$799.0K vs avg $881.2K ($-82,250)18%
Size:1,754 sqft vs avg 1,738.5 sqft50%
Price/sqft:$456 vs avg $50722%

More Insights

Built in 1968 (58 years old).
Condition: Built in 1968, the property is largely in its original condition, as confirmed by the listing description and images. The kitchen features highly dated wood cabinets, tiled countertops, and older appliances, requiring a full renovation. Both bathrooms are also severely outdated with original fixtures, vanities, and tile work (e.g., yellow/beige tiled shower). While major structural updates like a newer roof, dual-pane windows, and an updated sewer line are positive, the interior, including flooring and light fixtures, requires substantial rehabilitation and cosmetic updates to meet modern standards.
Year Built
1968
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$456
HOA
-
Days on market
-
Sold On
-
MLS number
V1-33955
Home ConditionPoor
Features
Patio
View-

About this home

Nestled on the east end of Ventura, this single-story home offers comfort, space, and endless potential in a peaceful, established neighborhood. Proudly owned by only its second owner, this home has been lovingly cared for by the same family for many years-serving as the backdrop for countless memories and meaningful moments. Featuring 5 bedrooms and 2 bathrooms, the thoughtfully laid-out floor plan includes a welcoming living room with a cozy fireplace, a separate sitting area off the kitchen, and a kitchen that opens to a sunny breakfast nook--perfect for everyday living and casual gatherings. The backyard is a fantastic size, complete with a covered patio and mature fruit trees, offering plenty of room to create your dream outdoor retreat. While the home is in its original condition and ready for a little tender love and care, major improvements are already in place, including a newer roof, dual-pane windows, and an updated sewer line--providing a solid foundation for future updates. An excellent opportunity to customize a spacious single-level home in a desirable Ventura location--bring your vision and make it your own.

L
Liz Donnelly
Listing Agent

Nearby schools

5/10
Academy Of Technology & Leadership At Saticoy
Public,•K-5•0.8mi
6/10
Balboa Middle School
Public,•6-8•3.3mi
6/10
Buena High School
Public,•9-12•3.7mi
Condition Rating
Poor
Built in 1968, the property is largely in its original condition, as confirmed by the listing description and images. The kitchen features highly dated wood cabinets, tiled countertops, and older appliances, requiring a full renovation. Both bathrooms are also severely outdated with original fixtures, vanities, and tile work (e.g., yellow/beige tiled shower). While major structural updates like a newer roof, dual-pane windows, and an updated sewer line are positive, the interior, including flooring and light fixtures, requires substantial rehabilitation and cosmetic updates to meet modern standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1754.
Desirable Location: Nestled in a peaceful, established neighborhood on the east end of Ventura, offering a desirable community setting with convenient access.
Solid Foundation with Key Upgrades: Major improvements including a newer roof, dual-pane windows, and an updated sewer line provide a strong, worry-free foundation for future renovations.
Spacious Single-Story Layout: A generous 5-bedroom, 2-bathroom single-level floor plan offers ample space and a thoughtful layout, ideal for families or those seeking room to grow.
Excellent Customization Potential: The home's original condition presents a unique opportunity for buyers to customize and modernize the interior to their exact tastes and preferences.
Generous Outdoor Living Space: Features a fantastic-sized backyard with a covered patio and mature fruit trees, providing ample room for outdoor entertaining and creating a personalized retreat.

Cons

Requires Cosmetic Updates: The home is in its original condition and requires significant cosmetic updates and 'tender love and care' to modernize its aesthetic and functionality.
Older Interior Systems/Aesthetics: Built in 1968, despite some major structural upgrades, the property likely retains older interior systems and design elements that may require further investment.
Lack of Premium Views: The property does not offer any specific scenic views, which might be a consideration for buyers prioritizing panoramic outlooks in a coastal city like Ventura.
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