
Ventura, California 93003
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well above the $834,444 Fair Market Value by 7%. While the list price exceeds current market estimates, the R-3-5 zoning and expansive 8,051 sq. ft. lot provide significant development upside for an ADU or multi-unit expansion. Featuring a Condition Rating of 4, the home offers a stable foundation for value-add renovations. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage coastal Ventura land for long-term appreciation.
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 | 789 | $1,058 | - |
A 431 Eva Street Sold | $865,000 | 3 | 1 | 1,078 | $802 | 0.6 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 2742 Sereno Avenue Sold | $910,000 | 3 | 1 | 1,012 | $899 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1929 with a renovation likely dating back 20-25 years. While the home is well-maintained and features a modern mini-split HVAC system, the kitchen and bath are dated, featuring older oak cabinetry, Corian countertops, and a drop-ceiling in the kitchen that requires modernization.
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 = 789.
The expansive 8,051 sq. ft. lot with R-3-5 zoning offers significant opportunity for adding an Accessory Dwelling Unit (ADU) or multi-unit development to maximize investment value.
Ideally situated in Midtown Ventura, the property is just one mile from San Buenaventura State Beach and minutes from the boutiques and dining of Downtown Ventura.
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.
With a footprint of only 789 square feet, the interior living area is quite compact, which may be a constraint for families or those requiring more spacious rooms.
The assigned elementary school has a rating of 2, which may be a drawback for buyers prioritizing high-performing local educational facilities.
Situated on an expansive, flat 8,051 sq. ft. with R-3-5 zoned lot offering massive potential to build an Accessory Dwelling Unit (ADU) for rental income or a private guest house. Midtown Ventura Cottage conveniently located one mile from the sandy shores of San Buenaventura State Beach. Whether you are looking for coastal getaway, a savvy investment, or a place to plant your roots, this charming property delivers beach-town living. This inviting 2-bedroom, 1-bathroom and a dedicated indoor utility/laundry room equipped with 4-wall HVAC system, ceiling fans in the bedrooms on a perfectly sized 789 sq. ft. footprint designed for easy living. A delightful galley kitchen featuring a built-in banquette, perfect for enjoying your morning coffee or casual dining. The bathroom features Corian countertops and tile flooring. An extra-long driveway offers plenty of space (with possible RV parking) leading to a detached one-car garage. An additional basement for extra storage. You are just minutes away from Charming Downtown Ventura and close proximity to schools and Ventura College. Immerse yourself in the local lifestyle of unique boutiques, vintage stores, and an incredible selection of restaurants, craft breweries, and lively bars.
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 |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 789 | 1,577 |
| Lot Size | 8,051 | 6,412 |
| Price | $899.0K | $966.0K |
| Price per sq ft | $1.1K | $611 |
| Built year | 1929 | 1965 |
| HOA | $0 | $246 |
| Days on market | 25 | 53 |
Jun 27, 2026
$899,000
Initial Listing
Nov 10, 1994
$114,500
Public Record