732 Lemon Grove Avenue, Ventura, California 93003, Ventura, 93003 - 3 bed, 1 bath
732 Lemon Grove Avenue
Ventura, California 93003
Property Price
SUMMARY
Analysis of 732 Lemon Grove Avenue, Ventura, California 93003 reveals a Prime Investment Opportunity with a current list price of $949,900—significantly undercutting the $993,564 Fair Market Value by 4%. This valuation gap indicates a +$43,664 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 732 Lemon Grove Avenue Subject | $949,900* List Price | 3 | 1 | 1,204 | $825 | - |
A 3146 Strathmore Drive Sold | $965,000 | 4 | 2 | 1,309 | $737 | 0.3 mi |
B 3971 Flower Street Sold | $890,000 | 3 | 1 | 1,151 | $773 | 0.7 mi |
C 3167 Armada Drive Sold | $1,100,000 | 4 | 2 | 1,309 | $840 | 0.2 mi |
D 401 S Brent Street Sold | $930,000 | 2 | 1 | 984 | $945 | 0.5 mi |
E 2671 Dawson Avenue Sold | $1,071,000 | 3 | 1 | 1,059 | $1,011 | 0.8 mi |
F 3169 Channel Drive Active | $915,000 List Price | 4 | 2 | 1,293 | $708 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1955, the property has undergone an extensive recent renovation that meets modern standards. Key upgrades include a remodeled kitchen with quartzite countertops and stainless appliances, a custom-tiled bathroom, and comprehensive system overhauls including PEX/copper plumbing, a 200-amp electrical panel with full rewiring, and central HVAC. The addition of smart-home technology and high-quality finishes throughout justifies an excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive System Infrastructure
The home features significant mechanical upgrades including all PEX and copper plumbing, a 200-amp electrical panel, and whole-house rewiring, providing long-term peace of mind rarely found in 1950s builds.
- Modern Smart Home Technology
Integrated with Lutron Caseta lighting, a comprehensive wired security system, and a Sonos outdoor speaker system, the property offers a sophisticated, tech-forward living experience.
- High-End Interior Finishes
The residence boasts a thoughtfully remodeled kitchen with solid quartzite countertops and a custom-tiled bathroom, reflecting a high standard of craftsmanship and aesthetic appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5880, other record lot size in square feet = 5662.
- Single Bathroom Limitation
With three bedrooms but only one bathroom, the layout may pose a challenge for families or guests, potentially limiting the property's appeal to a broader buyer pool.
- High Price per Square Foot
At 1,204 square feet for nearly $950,000, the home carries a premium price point that may be difficult to justify for buyers seeking more interior living space.
About 732 Lemon Grove Avenue
Welcome to this thoughtfully upgraded single-level home in desirable Midtown Ventura. Offering 3 bedrooms, 1 bathroom, and 1,204 sq ft, this residence reflects true pride of ownership with quality improvements throughout and a strong focus on modern, tech-friendly livingInside, updated wood flooring and recessed lighting create a bright, comfortable atmosphere. The remodeled kitchen features solid quartzite countertops and stainless steel appliances, while the updated bathroom showcases a custom tile shower with stylish finishes. Ceiling fans in every bedroom and the living room add comfort, complemented by central heating and A/C for year-round efficiencyExtensive system upgrades provide peace of mind, including all PEX and copper plumbing, a 200-amp electrical panel, and whole-house rewiring. Smart-home enhancements include Lutron Caseta controls for lights and fans in the primary bedroom and living room, a wired security system with four cameras and smart doorbell, and a Sonos outdoor speaker system for seamless indoor-outdoor entertaining. A water softener system adds further everyday convenienceThe outdoor spaces are equally well maintained and designed for enjoyment, featuring two gazebos, garden boxes in the backyard, automatic sprinkler systems, low-maintenance front yard landscaping, and vinyl fencing added above the block wall to enhance backyard privacyA detached two-car garage and long driveway offer ample parking with possible RV access. Ideally located near shopping and freeway access, this Midtown home combines thoughtful upgrades, smart technology, and evident care throughout
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 5,880 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Ventura Unified Schools
Blanche Reynolds Elementary School
Grades K-5 • 0.3 mi
Cabrillo Middle School
Grades 6-8 • 2.1 mi
Ventura High School
Grades 9-12 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 1,204 | 1,685 | 11% |
| Lot Size | 5,880 | 6,969 | 29% |
| Price | $949.9K | $930.0K | 51% |
| Price per sq ft | $789 | $573 | 86% |
| Built year | 1955 | 1964 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 166 | 2% |
Pricing History
Listed for Sale
Feb 20, 2026
$949,900
Initial Listing
Sold
Aug 4, 2015
$480,000
Public Record
Sold
May 17, 2013
$428,000
Public Record
Sold
Dec 29, 2011
$336,000
Public Record