330 S Seaward Avenue, Ventura, California 93003, Ventura, 93003 - 2 bed, 1 bath
ACTIVE$950,000$924/sqft
Est. Value: $848,677
-10%
AboveEstimate
330 S Seaward Avenue, Ventura, California 93003
2Beds
1Bath
924Sqft
8,051Lot
Price Vs. Estimate
The estimated value ($848,676.855) is $101,323.145 (10%) lower than the list price ($950,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: 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.
Top Cons:
MLS Listing Discrepancy: 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.
Compared to the nearby listings
Price:$950.0K vs avg $950.0K (+$0)50%
Size:924 sqft vs avg 1,684 sqft3%
Price/sqft:$1.0K vs avg $59199%
More Insights
Built in 1929 (97 years old).
Condition: Built in 1929, this property is in very poor condition and requires substantial repairs and rehabilitation. The kitchen features extremely dated wood cabinets, old laminate countertops, and an outdated white gas range, with only a newer dishwasher as a minor update. The bathroom is equally dated with an old vanity, peeling paint, and a basic fiberglass tub/shower insert. Throughout the home, carpets are worn and stained, walls show significant wear, and light fixtures are old. While a mini-split AC unit provides some modern cooling, the overall infrastructure, systems, and aesthetics are severely outdated and necessitate extensive renovation, as explicitly stated in the property analysis.
Year Built
1929
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$1,028
HOA
-
Days on market
-
Sold On
-
MLS number
V1-33886
Home ConditionPoor
Features
Patio
View-
About this home
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.
D
Dionna Pell
Listing Agent
Nearby schools
2/10
Will Rogers Elementary School
Public,•K-5•0.2mi
6/10
Cabrillo Middle School
Public,•6-8•0.9mi
6/10
Ventura High School
Public,•9-12•0.4mi
Price History
Date
Event
Price
11/10/94
Sold
$114,500
Condition Rating
Poor
Built in 1929, this property is in very poor condition and requires substantial repairs and rehabilitation. The kitchen features extremely dated wood cabinets, old laminate countertops, and an outdated white gas range, with only a newer dishwasher as a minor update. The bathroom is equally dated with an old vanity, peeling paint, and a basic fiberglass tub/shower insert. Throughout the home, carpets are worn and stained, walls show significant wear, and light fixtures are old. While a mini-split AC unit provides some modern cooling, the overall infrastructure, systems, and aesthetics are severely outdated and necessitate extensive renovation, as explicitly stated in the property analysis.
Pros & Cons
Pros
High Available Lot Utilization: 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.
Development Potential: R-3-5 multi-family zoning on an 8,051 square foot parcel offers significant opportunity for expansion or new construction.
Prime Coastal Location: Situated less than 1 mile from the beach, providing excellent access to coastal amenities and lifestyle.
Historic Architectural Charm: The original 1929 Spanish Revival style casita retains unique character and appeal.
Strong Secondary School Proximity: Conveniently located near highly-rated Ventura High School and Cabrillo Middle School.
Significant Value-Add Opportunity: Described as 'ready for your vision,' indicating potential for substantial equity growth through renovation or redevelopment.
Cons
MLS Listing Discrepancy: 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.
Limited Existing Structure: The current 924 square foot, 2-bed, 1-bath casita is small, suggesting a need for significant investment to expand or redevelop the property to its full potential.
Extensive Renovation Required: As a 1929 build, the property likely demands considerable updates to systems, infrastructure, and aesthetics, implying substantial renovation costs.
Absence of Views: The property explicitly states 'view: None,' which can be a notable drawback in a desirable coastal market where views often enhance value.