4797 Loma Vista Road, Ventura, California 93003, Ventura, 93003 - 3 bed, 2 bath
4797 Loma Vista Road
Ventura, California 93003
Property Price
SUMMARY
Analysis of 4797 Loma Vista Road, Ventura, California 93003 reveals a property with a current list price of $1,385,000, which is 6% above the estimated $1,301,718 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Ventura Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4797 Loma Vista Road Subject | $1,385,000* List Price | 3 | 2 | 3,230 | $403 | - |
A 287 Oberlin Avenue Sold | $1,350,000 | 4 | 3 | 2,767 | $488 | 0.6 mi |
B 262 Crestwood Avenue Active | $1,695,000 List Price | 5 | 3 | 3,228 | $525 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1970, this 54-year-old property, while described as 'well maintained' externally, features an interior that is severely outdated and configured for commercial/institutional use, not residential. The kitchen is very basic and dated, and the bathrooms are commercial-style, requiring complete demolition and renovation for residential living. The commercial-grade carpeting and fluorescent lighting throughout are also unsuitable for a modern home. Despite the structural integrity, the property requires substantial rehabilitation and a full interior overhaul to meet current residential standards, making it very uncomfortable to live in its current state as a home.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15943, living area = 3230.
- Flexible R-3 Zoning & Diverse Use Potential
The R-3 zoning allows for multi-family development and a wide range of permitted uses including commercial, childcare, and assisted living, offering exceptional investment versatility.
- Strategic Location
Positioned directly across from Ventura College and just 3 miles from the beach, providing high visibility, convenient access to amenities, and strong potential for various tenant bases or business operations. The corner lot further enhances its appeal.
CONSRISKS & DEFICIENCIES
- History of Price Reductions
Multiple price drops from the original $1.679M to the current $1.385M may indicate initial overpricing or market resistance, potentially affecting perceived value or future resale.
- Building Age
Constructed in 1970, the 54-year-old building, despite being well-maintained, may require ongoing capital expenditures for systems or aesthetic updates to remain competitive or to facilitate a change of use.
- Absence of Scenic Views
The property lacks specific scenic views (e.g., ocean, mountain), which could be a missed value-add opportunity in a desirable coastal market like Ventura.
About 4797 Loma Vista Road
Zoned R-3,add Multi-family units, 3,230 Sf Freestanding well maintained Building (see other uses bellow),LARGE 15,943 sqft lot,17 car parking lot or make the ultimate backyard,Across from Ventura College.3 miles to beach.Corner lot.Three rooms ,two restrooms,Kitchen,storage room.Central A/C systems.ALLOWED USE: SFR,Multi-Family,Some commercial,childcare,Group home,-assisted living Care,Education,Telecom Facility,Auto car Parking lot,Plants Nursery & more.Consult City Planning.Conditional use permit for businesses listed or rezone to fit your needs.(Zoning allows for large Multifamily also).
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1970
- Lot Size
- 15,943 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Ventura Unified Schools
Loma Vista Elementary School
Grades K-5 • 1.1 mi
Cabrillo Middle School
Grades 6-8 • 2.8 mi
Ventura High School
Grades 9-12 • 2.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 3,230 | 1,690 | 94% |
| Lot Size | 15,943 | 6,969 | 95% |
| Price | $1.39M | $930.0K | 86% |
| Price per sq ft | $429 | $569 | 10% |
| Built year | 1970 | 1964 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 507 | 166 | 0% |
Pricing History
Listed for Sale
Dec 14, 2025
$1,385,000
$1,485,000
-7% Price Drop
Initial Listing
Price Change
Nov 14, 2025
$1,485,000
$1,398,000
+6% Price Increase
Initial Listing
Price Change
Aug 6, 2025
$1,398,000
$1,435,000
-3% Price Drop
Initial Listing
Price Change
Aug 1, 2025
$1,435,000
Initial Listing
Price Change
Oct 16, 2024
$1,679,000
Initial Listing