3349 3353 Porter Lane, Ventura, California 93003, Ventura, 93003 - bed, bath

3349 3353 Porter Lane, Ventura, California 93003 home-pic-0
ACTIVE UNDER CONTRACT$975,000
3349 3353 Porter Lane, Ventura, California 93003
0Bed
0Bath
1,664Sqft
5,227Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Investment Opportunity: This property is highlighted as an 'exceptional income property' with a consistent rental history and tenants responsible for utilities (electric, gas, trash), making it a solid and attractive investment.
Top Cons:
Lack of Scenic Views: The property explicitly states 'view: None', which could be a drawback in a desirable coastal city like Ventura where ocean or mountain views often command a premium.

Compared to the nearby listings

Price:$975.0K vs avg $1.16M ($-185,000)14%
Size:1,664 sqft vs avg 1,747 sqft43%
Price/sqft:$586 vs avg $58650%

More Insights

Built in 1961 (64 years old).
Condition: Built in 1961, this duplex shows its age despite recent updates. While one unit's kitchen has been refreshed with stone countertops and new appliances, the bathroom exhibits an outdated style with older tile and fixtures, though it appears clean and functional. The property benefits from newer double-pane windows and fresh paint, indicating regular maintenance and some strategic updates, but it has not undergone a full, extensive renovation across both units to meet modern standards.
Year Built
1961
Close
-
List price
$975K
Original List price
$995K
Price/Sqft
$586
HOA
-
Days on market
-
Sold On
-
MLS number
V1-32214
Home ConditionFair
Features
View-

About this home

Discover this rare find: a beautifully maintained, high-quality duplex on a desirable tree-lined street. This exceptional income property is perfectly located for convenience, with easy access to the mall, the beach, and both the 101 and 126 freeways. Built with enduring quality, each 2-bedroom, 1-bathroom unit is a mirror image of the other. The layouts feature generously sized bedrooms, each with ample double closets. A standout feature is the in-unit laundry area, designed to accommodate a full-size washer and dryer for each resident's convenience. The back unit has recently been refreshed with a newly updated kitchen featuring stone countertops, a new sink, faucet, and a new drop-in cooktop and built-in oven. Both units boast fresh paint and newer double-pane windows, with the rear unit also enjoying newer carpet. The property offers excellent amenities, including dedicated off-street parking, private storage, and a shared two-car garage with secured storage for each unit. The back unit provides a valuable bonus with a private, secured yard. With tenants responsible for electric, gas, and trash, and a consistent rental history, this duplex represents a solid and attractive investment for the future. This is a forever investment and may be exactly what you have been looking for.

Condition Rating
Fair

Built in 1961, this duplex shows its age despite recent updates. While one unit's kitchen has been refreshed with stone countertops and new appliances, the bathroom exhibits an outdated style with older tile and fixtures, though it appears clean and functional. The property benefits from newer double-pane windows and fresh paint, indicating regular maintenance and some strategic updates, but it has not undergone a full, extensive renovation across both units to meet modern standards.
Pros & Cons

Pros

Prime Investment Opportunity: This property is highlighted as an 'exceptional income property' with a consistent rental history and tenants responsible for utilities (electric, gas, trash), making it a solid and attractive investment.
Desirable Location & Accessibility: Perfectly situated on a desirable tree-lined street with convenient access to the mall, the beach, and major freeways (101 and 126), enhancing its appeal to potential tenants.
Recent Updates & Quality Construction: The duplex is beautifully maintained and built with enduring quality. It features recent updates including a newly updated kitchen in the back unit, fresh paint, and newer double-pane windows in both units, and newer carpet in the rear unit.
Tenant-Friendly Amenities: Each unit offers practical amenities such as in-unit laundry areas for full-size washer/dryers, generously sized bedrooms with ample double closets, dedicated off-street parking, private storage, and a shared two-car garage with secured storage. The back unit also boasts a private, secured yard.
Consistent Duplex Configuration: Both 2-bedroom, 1-bathroom units are mirror images, providing consistent layouts that simplify management and appeal to a broad tenant base.

Cons

Lack of Scenic Views: The property explicitly states 'view: None', which could be a drawback in a desirable coastal city like Ventura where ocean or mountain views often command a premium.
Age of Construction: Built in 1961, while maintained and updated cosmetically, the underlying infrastructure (e.g., plumbing, electrical, roof) may be original or older, potentially requiring significant capital expenditures in the long term.
Standard Unit Configuration: Both units are configured as 2-bedroom, 1-bathroom. While functional, this standard layout might limit the tenant pool or rental income potential compared to properties offering more varied unit sizes or additional bathrooms.

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