3169 Channel Drive, Ventura, California 93003, Ventura, 93003 - 4 bed, 2 bath

3169 Channel Drive, Ventura, California 93003 home-pic-0

3169 Channel Drive

Ventura, California 93003

ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,293Sq Ft
5,227Lot Size

Property Price

LIST PRICE$895,000
EST. MARKET VALUE
$930,851
3% BelowMARKET VALUE

SUMMARY

Analysis of 3169 Channel Drive, Ventura, California 93003 reveals a Prime Investment Opportunity with a current list price of $895,000—significantly undercutting the $930,851 Fair Market Value by 3%. This valuation gap indicates a +$35,851 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.

Estimated Market Value

$930,851 +$35,851 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Ventura.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
3169 Channel Drive
Subject
$895,000*
List Price
421,293$720-
A
3146 Strathmore Drive
Sold
$965,000421,309$7370.4 mi
B
3167 Armada Drive
Sold
$1,100,000421,309$8400.1 mi
C
3971 Flower Street
Sold
$890,000311,151$7730.9 mi
D
476 Howard Street
Sold
$990,000321,392$7110.8 mi
E
3182 Strathmore Drive
Active Under Contract
$893,000
List Price
321,364$6550.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features a modernized kitchen with granite countertops, stainless steel appliances, and updated porcelain tile flooring. While the home dates back to 1955, it has been well-maintained with significant updates to the interior finishes, including hardwood flooring and recessed lighting, and the exterior features a well-kept yard and patio, meeting the criteria for a property renovated within the last 5 to 15 years.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Midtown Location

    Situated in the heart of Midtown Ventura, this property offers a highly desirable walkable lifestyle with close proximity to beaches, downtown, and local amenities.

  • Modernized Gourmet Kitchen

    The kitchen is fully updated with granite countertops, stainless steel appliances, and custom cabinetry, offering a contemporary and move-in-ready culinary space.

  • Classic Mid-Century Character

    The home preserves iconic architectural details such as exposed beam ceilings and hardwood flooring, providing a timeless coastal aesthetic that is highly sought after.

CONSRISKS & DEFICIENCIES

  • Compact Interior Layout

    With four bedrooms distributed across only 1,293 square feet, the individual room sizes and common areas may feel small or congested for larger households.

  • Lower Elementary School Rating

    The assigned elementary school has a lower performance rating of 4, which may be a concern for families prioritizing top-tier educational proximity.

About 3169 Channel Drive

Mid-century California coastal-inspired single-story home showcasing a clean stucco exterior, iconic low-pitched gable roof, and wide overhangs that reflect classic West Coast design. Located in the heart of Midtown Ventura, this home offers a relaxed coastal lifestyle with the convenience of a central, walkable neighborhood. The living and dining areas showcase classic mid-century character with open, light-filled spaces and architectural detail throughout. The living room features exposed beam ceilings, warm hardwood flooring, and a ceiling fan with light, creating a comfortable and inviting gathering space. Neutral wall tones enhance the sense of volume, while natural light highlights the wood floors and clean lines. Updated kitchen featuring warm wood raised-panel cabinetry with crown molding, polished granite countertops, and a full-height linear glass tile backsplash. The space is anchored by durable porcelain tile flooring laid in an offset pattern and complemented by stainless steel appliances, including a gas cooktop, built-in oven, microwave, refrigerator, and dishwasher. A double-basin sink with a commercial-style pull-down faucet sits beneath a large window, filling the kitchen with natural light. Recessed lighting, neutral wall tones, and a functional galley layout create a clean, cohesive, and move-in-ready kitchen with timeless appeal.The backyard offers a private and functional outdoor setting with a spacious paved patio ideal for outdoor dining, entertaining, or lounging. Concrete pavers with brick inlay create defined gathering areas, while raised planter beds and mature trees add greenery and character. A grassy lawn provides space for play or pets, all enclosed by perimeter block walls for privacy. Midtown is known for it's mid-century charm, and easy access to Ventura's beaches, downtown, and harbor. Residents enjoy quick trips to local coffee shops, neighborhood parks, and everyday essentials, along with a short drive or bike ride to the sand, Pierpont, and Ventura Pier

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1955
Lot Size
5,227 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Ventura Unified Schools

Blanche Reynolds Elementary School

Grades K-5 • 0.3 mi

4/10

Cabrillo Middle School

Grades 6-8 • 2.0 mi

6/10

Ventura High School

Grades 9-12 • 1.4 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
54%
Baths2.02.0
50%
Square foot1,2931,685
19%
Lot Size5,2276,969
14%
Price$895.0K$930.0K
37%
Price per sq ft$692$573
72%
Built year19551964
23%
HOA$0$0
50%
Days on market64166
8%

Pricing History

Listed for Sale

Feb 28, 2026

$895,000

$915,000

-2% Price Drop

Initial Listing

Price Change

Feb 4, 2026

$915,000

$940,000

-3% Price Drop

Initial Listing

Price Change

Jan 2, 2026

$940,000

Initial Listing

Sold

Sep 3, 2013

$455,000

Public Record

Sold

Oct 19, 2009

$402,000

Public Record

Sold

Jun 19, 2009

$325,000

Public Record

Sold

Dec 22, 1998

$180,000

Public Record

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