
Ventura, California 93001
Analysis of 243 Fraser Lane, Ventura, California 93001 is currently available with a list price of $1,199,015. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
The property has undergone a comprehensive recent remodel featuring new roofs, updated electrical, and newer plumbing. Interior finishes are modern and mint, including remodeled kitchens with quartz countertops and stainless steel appliances, upgraded bathrooms with contemporary tile, and new flooring throughout, meeting the criteria for a high-end renovation under 5 years old.
The dual-unit configuration featuring a 3-bedroom front house and a 2-bedroom rear unit offers exceptional flexibility for multi-generational living or high-yield rental income in a desirable coastal market.
Extensive renovations including new roofs, updated electrical and plumbing, and designer kitchens with quartz countertops ensure a turn-key experience with significantly reduced immediate capital expenditure.
The generous 11,761 sqft lot provides rare private yard space, mature fruit trees, and mountain views, offering a level of outdoor utility and privacy seldom found in multi-family residential income properties.
The property was recently sold within the past year on 2025-08-19. The sold price is $710,000.00.
Despite the high-end modern renovations, the original 1935 construction may present long-term maintenance challenges or structural quirks inherent to vintage properties compared to contemporary builds.
At a list price of approximately $1.25M for 2,016 square feet, the property commands a high price-per-square-foot that may challenge investor cap rate expectations or appraisal valuations in the current market.
Rare opportunity to own a beautifully remodeled multi-unit property situated on a spacious lot featuring two upgraded residences with modern finishes, spacious yards, and exceptional versatility for multi-generational living or investment potential. These units also offer best of our Southern Cali lifestyle with hiking trails nearby, easy access to the beach and within a short distance to Ojai for great resort getaways. The front unit is a spacious 3-bedroom, 3 bathroom home showcasing an open-concept layout filled with natural light, recessed lighting, newer flooring, a cozy brick fireplace, and stylish designer touches throughout. The rear unit is a beautifully updated 2-bedroom, 1 bathroom residence offering a bright and modern living space with contemporary finishes and functional design. Enjoy the private outdoor living with a deck area.Both units have been thoughtfully improved with new roofs, updated electrical, newer plumbing, remodeled kitchens, and upgraded bathrooms. The kitchens feature modern cabinetry, quartz-style countertops, stainless steel appliances, and sleek contemporary fixtures, while the bathrooms showcase updated tile work and clean designer finishes. Enjoy the private yards with mature fruit trees, peaceful outdoor spaces, room for entertaining, children may run free, and mountain views.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 33% |
| Baths | 0.0 | 2.0 | 33% |
| Square foot | 2,016 | 2,016 | 50% |
| Lot Size | 11,761 | 7,840 | 78% |
| Price | $1.20M | $1.06M | 67% |
| Price per sq ft | $595 | $498 | 56% |
| Built year | 1935 | 1930 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 213 | 11% |
May 29, 2026
$1,199,015
$1,249,015
-4% Price Drop
Initial Listing
May 9, 2026
$1,249,015
Initial Listing
Aug 19, 2025
$710,000
Public Record
May 31, 2007
$115,000
Public Record
May 14, 2002
$240,000
Public Record