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41 Mckee Street, Ventura, California 93001, Ventura, 93001 - 3 bed, 2 bath

41 Mckee Street, Ventura, California 93001 home-pic-0
ACTIVE UNDER CONTRACT$777,000
41 Mckee Street, Ventura, California 93001
3Beds
2Baths
1,000Sqft
6,534Lot

Price Vs. Estimate

The estimated value ($722,324.255) is $54,675.745 (7%) lower than the list price ($777,000). This property may be overpriced.

Key pros and cons

Top Pros:
Dual-Unit Property & Income Potential: This property features two completely remodeled homes on one lot, including a detached garage rebuilt into a 2-bedroom, 1-bathroom unit in 2023, offering significant rental income potential or multi-generational living.
Top Cons:
Proximity to Highway 33: The property is located directly off Highway 33, which may lead to potential noise and traffic concerns despite being described as a 'quiet neighborhood'.

Compared to the nearby listings

Price:$777.0K vs avg $1.26M ($-485,000)21%
Size:1,000 sqft vs avg 1,728 sqft17%
Price/sqft:$777 vs avg $77550%

More Insights

Built in 1935 (90 years old).
Condition: Despite being built in 1935, the property has undergone a 'completely remodeled' transformation, with the detached garage re-built into a separate home in 2023. The description explicitly states 'modern kitchen,' 'modern bathrooms,' 'new electrical panel and wiring throughout,' 'all new plumbing lines and fixtures,' and 'new, large windows throughout.' These extensive and recent renovations (within the last 5 years) bring all major components up to current quality standards, indicating virtually new condition with no deferred maintenance.
Year Built
1935
Close
-
List price
$777K
Original List price
$888K
Price/Sqft
$777
HOA
-
Days on market
-
Sold On
-
MLS number
V1-27649
Home ConditionExcellent
Features
View-

About this home

Upper Ventura Avenue completely remodeled homes, two on one lot, with expansive yard and modern finishes. Front house features three bedrooms, two modern bathrooms, an open floor plan, modern kitchen. Detached garage was re-built into a two bedroom, one bathroom home in 2023. Perfect as a rental, guest house or mother-in-law suite. New electrical panel permitted and wiring throughout as well as all new plumbing lines and fixtures. New, large windows throughout offer natural lighting to compliment carefully placed recessed lighting throughout. Long driveway allows for boat and/or RV parking.Quiet neighborhood tucked between the outer edges of Ventura and directly off the 33 Highway leading to Ojai. Do not miss out on this opportunity to obtain an income producing property in Ventura's emerging neighborhood.

Condition Rating
Excellent
Despite being built in 1935, the property has undergone a 'completely remodeled' transformation, with the detached garage re-built into a separate home in 2023. The description explicitly states 'modern kitchen,' 'modern bathrooms,' 'new electrical panel and wiring throughout,' 'all new plumbing lines and fixtures,' and 'new, large windows throughout.' These extensive and recent renovations (within the last 5 years) bring all major components up to current quality standards, indicating virtually new condition with no deferred maintenance.
Pros & Cons

Pros

Dual-Unit Property & Income Potential: This property features two completely remodeled homes on one lot, including a detached garage rebuilt into a 2-bedroom, 1-bathroom unit in 2023, offering significant rental income potential or multi-generational living.
Extensive Modern Remodel: Both homes have undergone a comprehensive remodel with modern finishes, including new electrical panel and wiring, all new plumbing lines and fixtures, and an open floor plan in the front house.
Recent ADU Conversion: The detached garage was recently rebuilt in 2023 into a separate 2-bedroom, 1-bathroom home, adding substantial value, flexibility, and modern living space.
Ample Parking: A long driveway provides generous parking capacity, capable of accommodating larger vehicles such as boats and/or RVs, a valuable asset in many neighborhoods.
Enhanced Natural Lighting: New, large windows throughout both properties maximize natural light, creating bright and inviting interiors, further complemented by carefully placed recessed lighting.

Cons

Proximity to Highway 33: The property is located directly off Highway 33, which may lead to potential noise and traffic concerns despite being described as a 'quiet neighborhood'.
Listing Price vs. Estimated Value: The current listing price is approximately 4% above the property's estimated market value, which could indicate it is slightly overvalued based on current market analytics.
Compact Main Residence Size: The primary 3-bedroom, 2-bathroom front house is relatively compact at 1000 square feet, which might be a limiting factor for buyers seeking more spacious living areas.

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