
Ventura, California 93003
This High-Potential Investment Opportunity is listed at a List Price of $815,000, positioned well above the $776,011 Fair Market Value by -5%. Featuring a Condition Rating of 4, this 1,333 sqft home offers a functional layout with a spacious backyard and patio, providing a solid foundation for value-add renovations. Located near top-rated schools like Poinsettia Elementary, this property serves as a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to modernize a classic Ventura residence in a prime, central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5983 Cloverly Street Subject | $815,000* List Price | 3 | 2 | 1,333 | $582 | - |
A 132 Hayes Avenue Sold | $850,000 | 4 | 2 | 1,450 | $586 | 1.0 mi |
B 202 Yale Avenue Sold | $870,250 | 3 | 2 | 1,570 | $554 | 0.7 mi |
C 5305 Woodbury Street Sold | $895,000 | 3 | 2 | 1,474 | $607 | 0.6 mi |
D 6348 Swallow Sold | $725,000 | 3 | 2 | 1,254 | $578 | 0.8 mi |
E 6026 Sparrow Street Sold | $775,000 | 3 | 2 | 1,254 | $618 | 0.8 mi |
F 6256 Fremont Street Sold | $920,000 | 3 | 2 | 1,604 | $574 | 0.4 mi |
G 1497 Lark Ave Sold | $779,000 | 3 | 2 | 1,284 | $607 | 1.0 mi |
H 37 Hastings Avenue Pending | $860,000 List Price | 4 | 2 | 1,624 | $530 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, this property is well-maintained and functional but significantly dated. The kitchen and bathrooms appear to be original or have not been updated in over 30 years, featuring vintage cabinetry, laminate counters, and older tile work. While the listing suggests it is move-in ready, the age of the home and its systems, combined with the dated interior, necessitate modern updates and minor repairs.
Ideally situated near top-rated schools, Ventura College, and Arroyo Verde Park, offering residents unparalleled convenience to local amenities and major commuter routes.
The 1,333-square-foot floor plan features a practical three-bedroom, two-bathroom configuration that is highly sought after for its accessibility and ease of maintenance.
The property boasts timeless curb appeal and a spacious backyard, providing a solid foundation for outdoor entertaining and personalized landscaping projects.
Built in 1960 and marketed as having 'endless potential,' the home likely requires significant cosmetic updates or renovations to align with contemporary design preferences.
Unlike many properties in the Ventura area that offer hillside or coastal vistas, this residence lacks any significant views, which may impact its competitive edge.
Welcome to 5983 Cloverly Street, a wonderful opportunity in one of Ventura's most convenient locations! Nestled in a well-established neighborhood, this charming single-story home offers timeless curb appeal and endless potential for its next owner. Whether you're looking to move right in and enjoy its classic character or update it to reflect your own style, this home provides the perfect canvas. Inside, you'll find a comfortable living room centered around a cozy fireplace, creating an inviting space to gather with family and friends. The kitchen opens to the dining area, making everyday living and entertaining easy and functional. The home features three bedrooms and two bathrooms, offering a practical layout for a variety of lifestyles. Step outside to a spacious backyard with plenty of room to garden, entertain, or simply relax and enjoy Ventura's beautiful year-round weather.Location is another standout feature. Just minutes from elementary, middle, and high schools, Ventura College, Arroyo Verde Park, the Ventura County Government Center, shopping, dining, and easy freeway access, you'll love the convenience of having everything close to home. If you've been searching for a home with great bones, wonderful curb appeal, and an unbeatable central Ventura location, this is one you won't want to miss!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,333 | 1,577 |
| Lot Size | 5,662 | 6,412 |
| Price | $815.0K | $966.0K |
| Price per sq ft | $611 | $611 |
| Built year | 1960 | 1965 |
| HOA | $0 | $246 |
| Days on market | 15 | 53 |
Jul 7, 2026
$815,000
Initial Listing