
Ventura, California 93004
This Single-Family Residence presents a High-Potential Investment Opportunity with a List Price of $925,000—positioned well below the $952,144 Fair Market Value by 2%. This valuation gap offers $27,144 in Instant Equity. Featuring a Condition Rating of 3, the home includes significant infrastructure updates like a new roof and HVAC. With a spacious 7,405 sq. ft. lot, mountain views, and a flexible den layout, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking long-term value in a quiet Ventura neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 408 Revere Avenue Subject | $925,000* List Price | 4 | 2 | 1,697 | $561 | - |
A 431 Alpine Avenue Sold | $930,000 | 3 | 2 | 1,638 | $568 | 0.4 mi |
B 123 Pajaro Avenue Sold | $840,600 | 3 | 2 | 1,284 | $655 | 0.5 mi |
C 318 Plumas Avenue Sold | $976,000 | 3 | 2 | 1,698 | $575 | 0.4 mi |
D 240 Gorrion Avenue Sold | $830,000 | 5 | 2 | 1,754 | $473 | 0.6 mi |
E 387 Nevada Avenue Sold | $925,000 | 3 | 3 | 2,300 | $402 | 0.3 mi |
F 225 Cinnamon Oak Ave Sold | $900,000 | 4 | 3 | 1,517 | $593 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1963 but exceptionally well-maintained with critical system upgrades including a 1-year-old roof, newer HVAC/ducting, and an upgraded electrical panel. While the kitchen and baths feature dated cabinetry and styling consistent with older renovations, the home is move-in ready with dual-pane windows and updated counters/flooring.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1697.
The property features a one-year-old roof, newer A/C, furnace, ducting, and an upgraded electrical panel, significantly reducing immediate capital expenditure for the buyer.
The spacious 7,405 sq. ft. lot offers mountain views, drought-tolerant landscaping, and dedicated space for RV or boat parking, providing high utility for outdoor enthusiasts.
Despite thoughtful maintenance and partial updates, the 1963 construction may require further cosmetic modernization to compete with fully renovated contemporary homes.
The local public schools are rated between 5 and 6, which may be a drawback for families specifically seeking top-tier educational districts.
First time on the market in over three decades -- 408 Revere Ave in East Ventura is awaiting a new owner! This well-maintained single-story home has 4 bedrooms, 2 bathrooms, approximately 1,697 sq. ft. of living space and on a spacious lot. One of the bedrooms was converted to a den, offering flexibility for a home office, sitting room, or an easy conversion back to a bedroom. Several major updates have already been completed, including 1-year old roof, newer A/C, furnace and ducting, upgraded electrical panel, water heater, and dual-pane windows. All of the rooms are spacious and inviting, and the kitchen and bathrooms have seen thoughtful improvements over the years, including kitchen counters, tasteful shower tile, and updated bathroom flooring. The living room has plenty of space to gather, along with a cozy fireplace for cooler Ventura evenings. The front yard features drought-tolerant landscaping for easy maintenance, ample amount of room for guest parking and is large enough for an RV or boat. In the backyard, enjoy gorgeous views of the mountains and surrounding areas, lush grass, a relaxing patio, and several fruit trees. Conveniently located near parks, schools, shopping, and freeway access, with beautiful beaches and historic Downtown Ventura just a short drive away. This property is a wonderful opportunity in a quiet, established Ventura neighborhood.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 3.0 mi
Grades 9-12 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,697 | 1,577 |
| Lot Size | 7,405 | 6,412 |
| Price | $925.0K | $966.0K |
| Price per sq ft | $545 | $611 |
| Built year | 1963 | 1965 |
| HOA | $0 | $246 |
| Days on market | 18 | 53 |
Jul 4, 2026
$925,000
Initial Listing