
Ventura, California 93003
This Mid-Century Character Home is a Prime Investment Opportunity, listed at $875,000—positioned well below the $904,377 Fair Market Value by 3%. This valuation gap provides $29,377 in Instant Equity. Boasting a Condition Rating of 4, the residence features professionally refinished hardwood floors, fresh paint, and mountain views. The expansive 7,405-square-foot lot in the coveted College neighborhood offers significant ADU potential or room for expansion. This property is an ideal acquisition for Owner-Occupants seeking vintage charm or Buy-and-Hold Investors looking for a stable asset with forced appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4643 Varsity Street Street Subject | $839,995* List Price | 3 | 2 | 1,354 | $637 | - |
A 202 Yale Avenue Sold | $870,250 | 3 | 2 | 1,570 | $554 | 0.3 mi |
B 127 Glen Ellen Drive Sold | $865,000 | 3 | 1 | 1,153 | $750 | 0.9 mi |
C 4457 Westmont Street Sold | $1,048,000 | 4 | 3 | 1,737 | $603 | 0.2 mi |
D 5365 Queens Street Sold | $920,000 | 3 | 2 | 1,478 | $622 | 0.6 mi |
E 33 Glen Ellen Drive Sold | $855,000 | 3 | 2 | 1,445 | $592 | 0.9 mi |
F 4628 Varsity Street Pending | $799,000 List Price | 3 | 2 | 1,354 | $590 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, the home is well-maintained with professionally refinished original hardwood floors and fresh paint, but remains dated. The kitchen features older oak cabinetry and tile countertops, and the bathrooms show vintage tiling and fixtures likely exceeding 30 years in age. While functional and move-in ready, the property requires updates to the kitchen, baths, and likely older window systems to meet modern standards.
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 = 1354.
Situated in the highly sought-after College neighborhood, this home offers a quiet, central location close to Ventura's amenities while maintaining a peaceful residential feel.
The generous 7,405-square-foot lot provides ample space for outdoor entertaining and offers significant potential for future additions or an ADU.
As a 1950s-era property, the home may require ongoing maintenance or updates to original systems such as plumbing and electrical to meet modern standards.
The assigned elementary and middle schools carry lower ratings (3 and 4 respectively), which could be a drawback for families prioritizing high-performing school districts.
Welcome to this charming 3-bedroom, 2-bath home located in one of Ventura's most desired locations. This is the kind of character you just don't find in new construction -- original hardwood floors that have been professionally refinished, fresh paint throughout, and a warm, comfortable feel the moment you walk in.Centrally located in the College neighborhood, you're close to everything Ventura has to offer without being in the middle of the noise. And at 7,400 square feet, the lot gives you real options, whether that's room to entertain, add on, or simply enjoy the space.Homes with this much charm, this much lot, and this kind of location don't come around often -- and they don't sit long.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,354 | 1,625.5 | 28% |
| Lot Size | 7,405 | 6,969 | 60% |
| Price | $840.0K | $967.5K | 19% |
| Price per sq ft | $620 | $593 | 59% |
| Built year | 1955 | 1962 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 134 | 7% |
May 20, 2026
$839,995
$875,000
-4% Price Drop
Initial Listing
Apr 24, 2026
$875,000
Initial Listing
Jan 6, 1994
$164,000
Public Record