2422 Alameda Avenue, Ventura, California 93003, Ventura, 93003 - 3 bed, 2 bath
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Ventura, California 93003
Analysis of 2422 Alameda Avenue, Ventura, California 93003 is currently available with a list price of $895,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Ventura Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1938, the property exhibits typical signs of aging infrastructure consistent with a 'fair' rating. While the exterior has been maintained with recent paint and some vinyl window replacements, visible issues like exposed exterior floodlight wiring and the very small total square footage (1,306 sqft) for a triplex configuration suggest that the interior units, kitchens, and bathrooms are likely cramped and dated. The listing itself notes that core systems like plumbing and electrical may require substantial updates to meet modern standards.
Classified as a triplex with a bonus home addition, this property offers exceptional versatility for investors looking to maximize rental yield or for buyers interested in house-hacking.
The property is ideally situated just minutes from the beach and within walking distance to shopping malls, parks, and restaurants, ensuring high tenant demand and long-term appreciation.
With a 6,300 square foot lot, the property provides significant outdoor space and potential for further site optimization, which is a valuable asset for a residential income property.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6300, other record lot size in square feet = 6534.
Built in 1938, the property may require substantial updates to its core systems, such as plumbing and electrical, to meet modern standards and reduce ongoing maintenance costs.
The total living area of 1,306 square feet is relatively small for a triplex configuration, which may result in cramped individual units that could limit the maximum achievable rent.
Perfect for investors or first-time homebuyers, this versatile property offers strong income potential and added flexibility with a bonus home addition. Conveniently located near shopping malls, parks, and a variety of restaurants, everything you need is just moments away. Plus, enjoy the added perk of being only minutes from the beach--ideal for relaxing weekends or attracting renters.Don't miss this opportunity to own a home that combines comfort, convenience. Investment value collecting over $8000 per month on rental income!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,306 | 1,664 | 33% |
| Lot Size | 6,300 | 5,662 | 67% |
| Price | $895.0K | $917.0K | 33% |
| Price per sq ft | $685 | $586 | 67% |
| Built year | 1938 | 1961 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 169 | 33% |
Apr 11, 2026
$895,000
Initial Listing
Feb 22, 2019
$415,000
Public Record
Dec 21, 1998
$158,000
Public Record
Jan 4, 1995
$138,000
Public Record