521 Temescal Street, Piru, California 93040, Piru, 93040 - 3 bed, 1 bath
Loading property details...
Piru, California 93040
This property presents a High-Potential Investment Opportunity with a List Price of $469,000—positioned well below the $426,049 Fair Market Value (Note: Market value is currently lower than list price). Featuring a Fair Condition Rating (1920 build), the asset requires extensive renovation, yet the 11,000 sq. ft. flat lot offers significant upside for redevelopment or ADU expansion. This project is best suited for Fix-and-Flip Investors or Contractors capable of executing a full-scale restoration to unlock the site's true value in this growing historic community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 521 Temescal Street Subject | $469,000* List Price | 3 | 1 | 1,134 | $376 | - |
A 521 Temescal Street Active | $490,000 List Price | 3 | 1 | 1,134 | $432 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1920 (104 years old) with no mentioned renovations, the property is marketed as a 'developer's dream' and 'ready to reimagine,' indicating the structure is likely unlivable and the value is in the 11,000 sq. ft. lot.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1134.
The property features a large, flat 10,890 sq. ft. lot, offering ample space for future expansion, the addition of an ADU, or complete site redevelopment.
Priced under $500,000 in Ventura County, this property represents a rare entry-level investment for developers looking to capitalize on the growing historic community of Piru.
Built in 1920, the home is in need of significant renovation or a total rebuild, which will require a substantial capital investment beyond the purchase price.
The current 3-bedroom, 1-bathroom configuration is considered undersized for modern family standards and may require a layout reconfiguration to improve functional utility.
A developer's dream in the growing historic town of Piru! Located in Ventura County just minutes from Interstate 5 and approximately 45 minutes from the coast, this property is full of opportunity. Built in 1920, this 3-bedroom home is ready for someone to renovate, restore, or reimagine. Situated on a quiet street on an approximately 11,000 sq. ft. flat lot, the property offers incredible potential for future development and endless possibilities (buyer to verify all potential uses and improvements with appropriate city/county agencies). A rare chance to invest in one of Ventura County's growing communities -- don't miss it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.5 | 25% |
| Square foot | 1,134 | 1,575.5 | 25% |
| Lot Size | 10,890 | 7,036 | 75% |
| Price | $469.0K | $645.0K | 25% |
| Price per sq ft | $414 | $404 | 50% |
| Built year | 1920 | 2013 | 25% |
| HOA | $0 | $88 | 50% |
| Days on market | 27 | 101 | 25% |
May 17, 2026
$469,000
Initial Listing