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

5326 Gillespie Street
Ventura, California 93003
Property Price
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
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,036 | 1,083 | 45% |
| Lot Size | - | - | 50% |
| Price | $455.0K | $531.0K | 30% |
| Price per sq ft | $439 | $472 | 33% |
| Built year | 2006 | 1980 | 85% |
| HOA | $395.0 | $534 | 23% |
| Days on market | 10 | 164 | 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
































