509 Merritt Avenue, Camarillo, California 93010, Camarillo, 93010 - 3 bed, 2 bath
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509 Merritt Avenue
Camarillo, California 93010
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,336Sq Ft
6,969Lot Size
Property Price
LIST PRICE$989,000
EST. MARKET VALUE
$871,828
13% AboveMARKET VALUE
SUMMARY
This Versatile Single-Family Residence is a Strong Value Opportunity, listed at $989,000—positioned well above the $871,829 Fair Market Value. While priced at a premium, the property offers significant utility through its 309 sq. ft. Junior ADU, providing potential rental income of $2,200–$2,500/month. Featuring a 2026 renovated kitchen, paid-off Tesla solar, and EV charger, the home maintains a Condition Rating of 3. Located near Rancho Campana High (9/10), this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sustainable, income-generating lifestyle.
Estimated Market Value
$871,828
Based on Realkey algorithm analyzing recent comparable sales in Camarillo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 509 Merritt Avenue Subject 3 bd · 2 ba · 1,336 sqft · $653 | $989,000* List Price | 3 | 2 | 1,336 | $653 | - |
A 2547 Dumetz Street Sold 4 bd · 2 ba · 1,394 sqft · $610 · 0.2 mi | $850,000 | 4 | 2 | 1,394 | $610 | 0.2 mi |
B 1645 Dewayne Avenue Sold 3 bd · 2 ba · 1,338 sqft · $673 · 1.0 mi | $900,000 | 3 | 2 | 1,338 | $673 | 1.0 mi |
C 2774 Dumetz Street Sold 4 bd · 2 ba · 1,345 sqft · $595 · 0.1 mi | $800,000 | 4 | 2 | 1,345 | $595 | 0.1 mi |
D 2876 Dumetz Street Sold 5 bd · 2 ba · 1,568 sqft · $593 · 0.1 mi | $930,000 | 5 | 2 | 1,568 | $593 | 0.1 mi |
E 2615 Shalimar Street Sold 3 bd · 2 ba · 1,452 sqft · $634 · 0.6 mi | $920,000 | 3 | 2 | 1,452 | $634 | 0.6 mi |
F 1224 Durkin Street Sold 4 bd · 2 ba · 1,306 sqft · $601 · 0.6 mi | $785,000 | 4 | 2 | 1,306 | $601 | 0.6 mi |
G 527 Keyser Rondo Sold 4 bd · 2 ba · 1,402 sqft · $660 · 0.2 mi | $925,000 | 4 | 2 | 1,402 | $660 | 0.2 mi |
H 1553 Sierra Madre Drive Pending 3 bd · 2 ba · 1,472 sqft · $571 · 0.8 mi | $840,000 List Price | 3 | 2 | 1,472 | $571 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Despite being built in 1961, the property is well-maintained and move-in ready. It features a newly renovated kitchen (2026), updated wood flooring, and high-end modern systems including split A/C, a tankless water heater, and a fully paid-off Tesla solar energy system with an EV charger.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Rancho Campana High (9/10).
- Income Potential & Versatility
The property includes a fully furnished 309 sq. ft. Junior ADU with a potential rental income of $2,200-$2,500 per month, offering an excellent opportunity for mortgage offset or multi-generational living.
- Energy Efficiency & Modern Upgrades
Equipped with a fully paid-off Tesla solar system, Tesla EV charger, and a 2026 renovated kitchen, the home provides significant utility savings and contemporary aesthetic appeal.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
The property does not offer any significant views, which may be a drawback for buyers prioritizing the panoramic vistas common in parts of Camarillo.
- Compact Main Living Area
While the combined square footage is 1,800+, the main 3-bedroom residence is relatively modest in size, which may feel restrictive for larger families.
About 509 Merritt Avenue
Assumable Loan at 4.25% for this home. Welcome to this beautifully maintained and versatile residential property offering approximately 1,800+ sq. ft. of combined living space, featuring a 3-bedroom, 2-bathroom main residence plus a fully furnished 309 sq. ft. Junior ADU--an exceptional opportunity for homeowners seeking additional rental income, multi-generational living, or flexible guest accommodations.The main home features a beautifully renovated kitchen completed in 2026, complemented by attractive wood flooring, split A/C, a tankless water heater, spacious pantry, and comfortable living areas designed for everyday living and entertaining.The fully furnished 1-bedroom Junior ADU provides an exciting opportunity for potential rental income of approximately $2,200-$2,500 per month, subject to market conditions and applicable regulations. The approximately 309 sq. ft. unit includes a private bathroom, kitchenette, A/C, refrigerator, furnishings, and dedicated washer/dryer, making it a versatile space for a tenant, extended family member, guest suite, or home-office arrangement.Adding to the property's value and efficiency is a fully paid-off Tesla solar energy system and Tesla EV charger, offering the potential for energy savings and convenient EV charging.The spacious driveway provides parking for up to three vehicles, with additional space that may offer potential RV parking, subject to applicable requirements. The private outdoor space features an established edible garden with a variety of mature fruit and landscaping, including mango, guava, citrus, fig, banana, sugar cane, lemongrass, and curry trees.PROPERTY HIGHLIGHTSApproximately 1,800+ sq. ft. of combined living space3-bedroom, 2-bathroom main home309 sq. ft. Junior ADUPotential ADU rental income: $2,200-$2,500/monthFully furnished ADU with kitchenette and private bathroomADU A/C, refrigerator & dedicated washer/dryer2026 renovated kitchenWood flooringSplit A/CTankless water heaterSpacious pantryPaid-off Tesla solar systemTesla EV chargerDriveway parking for up to 3 vehiclesPotential RV parkingPrivate garden with mature fruit and edible plantsFlexible setup for rental income, extended family, guests, or additional living space
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 6,969 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
Camarillo Unified Schools
Dos Caminos Elementary School
Grades K-5 • 1.2 mi
4/10
Los Primeros School Of Sciences & Arts
Grades K-8 • 0.9 mi
7/10
Las Colinas Middle School
Grades 6-8 • 2.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,336 | 1,758.44 |
| Lot Size | 6,969 | 6,394.041 |
| Price | $989.0K | $911.0K |
| Price per sq ft | $740 | $507 |
| Built year | 1961 | 1980 |
| HOA | $0 | $373 |
| Days on market | 29 | 55 |
Pricing History
Listed for Sale
Sep 25, 2026
$989,000
Initial Listing
Sold
Apr 15, 2022
$779,000
Public Record
Sold
Jun 24, 2019
$560,000
Public Record