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657 Sheridan Way, Ventura, California 93001, Ventura, 93001 - bed, bath

657 Sheridan Way, Ventura, California 93001 home-pic-0
ACTIVE UNDER CONTRACT$875,000
657 Sheridan Way, Ventura, California 93001
0Bed
0Bath
1,872Sqft
7,840Lot
Year Built
1965
Close
-
List price
$875K
Original List price
$937K
Price/Sqft
$467
HOA
-
Days on market
-
Sold On
-
MLS number
V1-32220
Home ConditionPoor
Features
Good View:
Patio
View

About this home

We found 3 Cons,5 Pros. Rank: price - $875.0K(30th), sqft - 1872(50th), beds - undefined(40th), baths - undefined(40th).

PRICE IMPROVEMENT! Two Stand-Alone Ventura Homes on One Lot -- Minutes from the Beach!Two Single-Family Homes | Prime Investment | Endless PotentialHere's your chance to own two separate 2-bedroom, 1-bath homes on one parcel -- each with its own private yard and three dedicated parking spaces (six total!). Just minutes from Ventura's beaches, pier, and lively downtown, this property offers immediate rental income with room to grow.The possibilities are wide open -- enhance value through cosmetic upgrades, explore ADU or expansion options, or reposition rents to maximize returns. With strong rental demand, excellent local demographics, and limited coastal inventory, opportunities like this are rare.Don't miss your chance to capture long-term appreciation and steady income in one of Ventura's most desirable neighborhoods!

Nearby schools

4/10
Sheridan Way Elementary School
Public,•K-5•0.1mi
2/10
Will Rogers Elementary School
Public,•K-5•2.7mi
5/10
De Anza Academy Of Technology And The Arts
Public,•6-8•1.0mi
6/10
Ventura High School
Public,•9-12•2.2mi

Price History

Date
Event
Price
10/15/25
Price Change
$875,000-6.6%
09/07/25
Listing
$937,000
Condition Rating
Poor
Built in 1965, this property is over 50 years old. The images reveal a very dated interior with popcorn ceilings, old-fashioned patterned floor tiles in the living area, and a bathroom featuring highly dated wall tiles and basic fixtures. While functional, the property explicitly states a need for 'cosmetic upgrades' and highlights 'older construction' as a weakness, suggesting potential aging infrastructure. The visible aesthetics indicate that any renovations were likely done 30-50 years ago, aligning with the 'Poor' category's criteria for substantial rehabilitation and outdated components.
Pros & Cons

Pros

Dual Income Property: The property features two separate 2-bedroom, 1-bath stand-alone homes on one parcel, offering immediate rental income and significant investment potential.
Prime Coastal Location: Situated just minutes from Ventura's desirable beaches, pier, and vibrant downtown, enhancing its appeal to renters and supporting strong property value.
Value-Add Opportunities: The property offers extensive potential for value enhancement through cosmetic upgrades, ADU additions, or expansion options to maximize returns.
Favorable Market Conditions: Located in an area with strong rental demand, excellent local demographics, and limited coastal inventory, indicating robust long-term appreciation potential.
Recent Price Reduction: The property has undergone a significant price improvement from $937,000 to $875,000, presenting a more attractive and competitive entry point for investors.

Cons

Dated Condition/Cosmetic Upgrades Needed: The description explicitly mentions the need for 'cosmetic upgrades,' suggesting the current aesthetic or finishes may be dated and require immediate investment to enhance appeal and value.
Older Construction: Built in 1965, the homes are over 50 years old, which could imply aging infrastructure (e.g., plumbing, electrical, roofing) that may lead to higher maintenance costs or require significant capital expenditures.
Limited Unit Configuration: Both units are configured as 2-bedroom, 1-bath, which might limit the target tenant demographic or rental income potential compared to properties with more versatile layouts or additional bathrooms.

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