509 S Seaward, Ventura, California 93003, Ventura, 93003 - 3 bed, 2 bath
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509 S Seaward
Ventura, California 93003
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,330Sq Ft
5,227Lot Size
Property Price
LIST PRICE$999,000
EST. MARKET VALUE
$974,509
SUMMARY
This Coastal Compound represents a Strong Value Opportunity, listed at $1,052,000—positioned well above the $992,188 Fair Market Value by -6%. Featuring a 3-bedroom main home and a private 1-bedroom ADU, the property offers significant income potential. With a Condition Rating of 3, the home includes original oak floors and unique outdoor amenities like a custom cement mini half-pipe. This versatile asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants desiring a surf-inspired lifestyle near the beach.
Estimated Market Value
$974,509
Based on Realkey algorithm analyzing recent comparable sales in Ventura.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 509 S Seaward Subject | $999,000* List Price | 3 | 2 | 1,330 | $733 | - |
A 400 Frances Street Sold | $849,000 | 3 | 2 | 1,233 | $689 | 0.5 mi |
B 3131 Armada Drive Sold | $899,000 | 4 | 2 | 1,293 | $695 | 0.9 mi |
C 340 Jones Street Sold | $1,235,000 | 3 | 3 | 1,331 | $928 | 0.3 mi |
D 511 Eva Street Sold | $878,250 | 3 | 1 | 1,222 | $719 | 0.6 mi |
E 2742 Sereno Avenue Sold | $910,000 | 3 | 1 | 1,012 | $899 | 0.5 mi |
F 3182 Strathmore Drive Sold | $893,000 | 3 | 2 | 1,364 | $655 | 0.9 mi |
G 472 S Dos Caminos Avenue Sold | $969,000 | 3 | 1 | 1,192 | $813 | 0.7 mi |
H 2619 Ocean Avenue Active | $1,080,000 List Price | 3 | 2 | 1,264 | $854 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1947, the property is well-maintained and move-in ready with clear evidence of renovations within the 5-15 year range. Updates include recessed lighting, a kitchen with modern tilework and open shelving, and a private ADU. The original oak floors are in good condition, and the extensive backyard improvements (palapa, half-pipe, and decking) suggest consistent maintenance and pride of ownership.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential & Flexibility
The inclusion of a private 1-bedroom ADU provides significant added value, offering options for multi-generational living or a potential rental income stream.
- Exceptional Outdoor Amenities
The backyard is a unique entertainer's paradise featuring a massive palapa, fire pit, and a custom cement mini half-pipe, perfectly capturing the Ventura surf and skate culture.
- Prime Coastal Location
Situated on iconic Seaward Avenue with ocean views, the property offers immediate proximity to the beach, surf spots, and the vibrant dining scenes of Pierpont and Downtown.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1330, other record living area = 1377.
- Aging Infrastructure
Built in 1947, the home's vintage nature may necessitate ongoing maintenance or updates to older mechanical and structural systems.
- Limited Interior Square Footage
With only 1,330 square feet for a three-bedroom main residence, the interior living spaces may feel compact for buyers seeking modern, expansive floor plans.
About 509 S Seaward
Live the quintessential Ventura beach lifestyle on iconic Seaward Avenue, just moments from the sand! Built in 1947, this 3-bed, 2-bath main home blends vintage character with original oak wood floors, light-filled living spaces, surf-inspired decor, and a kitchen featuring open shelving and chic tilework. The property is a true entertainer's paradise. Step out to a lush, tropical oasis featuring a massive covered palapa dining area, an outdoor fire pit deck, and a custom-built cement MINI HALF-PIPE for unmatched backyard skate culture. Complete with a private 1-bedroom ADU for flexible living and convenient RV access, this rare coastal compound captures the best of Southern California outdoor living. Being in Midtown, you're minutes from everything to include Pierpont eateries and bars, Downtown's vintage shops and restaurants and surf spots like C-Street and more!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 5,227 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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,330 | 1,640.818 |
| Lot Size | 5,227 | 6,355.743 |
| Price | $999.0K | $999.0K |
| Price per sq ft | $751 | $619 |
| Built year | 1947 | 1964 |
| HOA | $0 | $187 |
| Days on market | 22 | 56 |
Pricing History
Listed for Sale
Sep 1, 2026
$999,000
$1,052,000
-5% Price Drop
Initial Listing
Price Change
Aug 18, 2026
$1,052,000
Initial Listing
Sold
Apr 18, 2008
$400,000
Public Record
Sold
May 20, 2005
$578,000
Public Record