5326 Gillespie Street, Ventura, California 93003, Ventura, 93003 - 2 bed, 2 bath

5326 Gillespie Street, Ventura, California 93003 home-pic-0

5326 Gillespie Street

Ventura, California 93003

ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,036Sq Ft
Lot Size

Property Price

LIST PRICE$455,000

SUMMARY

Analysis of 5326 Gillespie Street, Ventura, California 93003 is currently available with a list price of $455,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2006, this property falls within the 10-20 year age range for a 'good' condition rating. The unit is move-in ready and well-maintained, featuring a kitchen with granite countertops and updated stainless steel appliances. The bathrooms are functional with modern layouts like double sinks and soaking tubs, and the overall interior is clean and bright with no immediate major renovations required.

PROSSTRENGTHS & OPPORTUNITIES

  • Private 2-Car Garage

    This unit includes a rare private 2-car garage, providing exceptional storage and parking security that is highly uncommon for condominium living.

  • Desirable End-Unit Layout

    As a single-story, first-floor end unit, the property offers enhanced privacy, increased natural light, and a serene outlook over the community greenbelt.

  • Modern Interior Features

    The home is move-in ready with contemporary finishes including granite countertops, updated kitchen appliances, and walk-in closets in both bedrooms.

CONSRISKS & DEFICIENCIES

  • Strict Eligibility Requirements

    The property is part of a Moderate Income Program, restricting the sale to specific income-qualified, owner-occupant buyers only, which limits the pool of potential purchasers.

  • Investment Limitations

    Due to city-mandated program restrictions, the property must be a primary residence, preventing it from being used as a traditional rental investment or second home.

About 5326 Gillespie Street

**Highly Desirable Single-Story Condo in Ventura - Moderate Income Program**This highly sought-after, single-story, first-floor end unit offers 2 bedrooms, 2 full bathrooms, and the rare bonus of a private 2-car garage.Perfectly positioned on a corner location, this light and bright home overlooks a peaceful greenbelt area, creating a serene setting right outside your door. The interior feels bright, clean, and inviting. The kitchen features granite countertops, an updated gas range, and dishwasher -- ideal for everyday living and entertaining.The spacious primary suite includes double sinks, generous counter space, and a large soaking tub with shower. Both bedrooms offer walk-in closets, providing ample storage. A convenient stackable washer and dryer are located inside the unit for added ease.Enjoy being just minutes from shopping, dining, local beaches, the Government Center, freeway access, and nearby parks including Thille Park. Beautiful community greenbelts enhance the welcoming atmosphere.This property is a moderate income restricted home for sale to income and owner-occupant eligible buyers ONLY. Must be primary home. Buyers MUST qualify with the City of Ventura to purchase.Don't miss this wonderful opportunity to own in one of Ventura's most desirable locations!

Property Details

Public Facts

Property Type
Condominium
Year Built
2006
Lot Size
-

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$395.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot1,0361,083
45%
Lot Size--
50%
Price$455.0K$531.0K
30%
Price per sq ft$439$472
33%
Built year20061980
85%
HOA$395.0$534
23%
Days on market10164
3%

Pricing History

Listed for Sale

Feb 25, 2026

$455,000

Initial Listing

Sold

Oct 13, 2021

$455,000

Public Record

Sold

Apr 12, 2017

$360,000

Public Record

Sold

Apr 30, 2015

$335,000

Public Record

Sold

Nov 2, 2012

$259,000

Public Record

Sold

Aug 13, 2010

$240,000

Public Record

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