330 S Seaward Avenue, Ventura, California 93003, Ventura, 93003 - 2 bed, 1 bath
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Ventura, California 93003
This High-Density Development Asset is listed at $899,000, carrying a $790,724 Fair Market Value based on the existing structure. The primary value resides in the 8,051 Square Foot Lot and rare R-3-5 Multi-Family Zoning, offering massive potential for forced appreciation through new construction or a total restoration. Currently in a Poor Condition Rating, this 1929 Spanish Revival casita is situated less than a mile from the beach near Ventura High School. It represents a strategic coastal acquisition for Fix-and-Flip Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 330 S Seaward Avenue Subject | $899,000* List Price | 2 | 1 | 924 | $835 | - |
A 344 S Evergreen Drive Sold | $740,000 | 2 | 1 | 918 | $806 | 0.1 mi |
B 519 S Emma Avenue Sold | $875,150 | 3 | 1 | 1,008 | $868 | 0.8 mi |
C 426 S Dos Caminos Avenue Sold | $900,000 | 3 | 1 | 1,008 | $893 | 0.7 mi |
D 431 Eva Street Sold | $865,000 | 3 | 1 | 1,078 | $802 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1929 Spanish Revival home is in poor condition and requires substantial rehabilitation to meet modern living standards. Interior photos show heavily stained and worn carpeting, significant wall damage and peeling paint in the bathroom, and an outdated kitchen with aging appliances and a drop-ceiling. While a mini-split HVAC unit has been added, the overall state of the property—including the weathered exterior and deteriorated interior finishes—indicates a need for a full gut renovation, consistent with the listing's description as a 'vision' opportunity.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8051, living area = 924.
The property features a generous 8,051 square foot lot with R-3-5 multi-family zoning, offering significant investment potential for high-density residential development or expansion.
Situated less than one mile from the beach, this location provides excellent lifestyle appeal and strong long-term value appreciation in a highly desirable Ventura neighborhood.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8051, other record lot size in square feet = 7840. Living area discrepancy between mls listing and other public or private record. mls listing living area = 924, other record living area = 789.
With only 924 square feet of living area and a 2-bedroom, 1-bathroom layout, the current structure is quite small and may not meet the needs of modern families without significant additions.
As a nearly century-old home marketed as a 'vision' opportunity, the property likely requires substantial capital investment to modernize its systems and finishes to current standards.
Opportunity is here! Less than 1 mile to toes in the sand! This rare offering of a multi-family, R-3-5 zoned, 8,051 square foot parcel is ready for your vision. The original Spanish Revival style casita maintains its 1929 charm.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 5% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 924 | 1,706 | 2% |
| Lot Size | 8,051 | 6,969 | 69% |
| Price | $899.0K | $950.0K | 36% |
| Price per sq ft | $973 | $580 | 97% |
| Built year | 1929 | 1963 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 111 | 181 | 26% |
Mar 20, 2026
$899,000
$950,000
-5% Price Drop
Initial Listing
Jan 1, 2026
$950,000
Initial Listing
Nov 10, 1994
$114,500
Public Record