2891 Bayshore Avenue, Ventura, California 93001, Ventura, 93001 - 4 bed, 4 bath
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Ventura, California 93001
This coastal duplex presents a Strong Value Opportunity, listed at a List Price of $1,750,000—positioned well below the $1,880,997 Fair Market Value by 6%. This valuation gap offers $130,997 in Instant Equity for the savvy buyer. With a Condition Rating of 4, the property requires cosmetic updates, yet its Bay and Harbor views and proximity to Pierpont Elementary provide immense upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2891 Bayshore Avenue Subject | $1,750,000* List Price | 4 | 4 | 2,428 | $775 | - |
A 2800 Bayshore Avenue Sold | $2,000,000 | 4 | 2 | 2,314 | $864 | 0.1 mi |
B 2833 Sailor Avenue Sold | $1,365,000 | 4 | 2 | 1,787 | $764 | 0.1 mi |
C 1277 Devon Lane Active | $2,199,900 List Price | 3 | 2 | 2,438 | $902 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965 and explicitly marketed as a 'value-add' opportunity. While the living area has updated flooring, the bathrooms feature dated tile and vanities likely over 20-30 years old. The presence of popcorn ceilings and the 'personal touch' description suggest the property is functional but requires significant cosmetic updates and likely system overhauls to meet modern standards.
Situated in the highly sought-after Pierpont Bay neighborhood, the property is just steps from the beach, Marina Park, and Ventura Harbor, offering an enviable coastal lifestyle.
The duplex configuration provides exceptional flexibility for house-hacking, multi-generational living, or generating dual rental income in a high-demand market.
Located less than a quarter-mile from the well-regarded Pierpont Elementary School, the property holds significant appeal for families prioritizing educational convenience.
Positioned as a value-add opportunity, the property likely requires significant capital investment and renovation to modernize the units and maximize market value.
Built in 1965, the residence may necessitate updates to original systems and finishes to meet contemporary building standards and buyer expectations.
Just minutes from the sand, Marina Park, the Ventura Harbor, and world-class surf sits a rare opportunity to own a duplex on one of Ventura's most sought-after coastal streets. This 2,428 SF property features two spacious 2-bed/2-bath units, ideally situated in the heart of the Pierpont Bay Beach neighborhood. A true value-add opportunity, with significant upside for the investor or owner-occupant ready to add their personal touch. Whether you're a seasoned investor seeking a cash-flowing coastal asset, a first-time buyer looking to house-hack your way into the Coastal Ventura real estate market, or a family ready to plant roots steps from the Pacific - this property delivers the flexibility that's nearly impossible to find at this price point in 93001.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 4.0 | 2.0 | 91% |
| Square foot | 2,428 | 1,400 | 78% |
| Lot Size | 4,791 | 5,662 | 37% |
| Price | $1.75M | $1.12M | 72% |
| Price per sq ft | $721 | $852 | 35% |
| Built year | 1965 | 1958 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 133 | 11% |
Jun 1, 2026
$1,750,000
Initial Listing