
Ventura, California 93004
This Renovated Single Family Residence is a High-Potential Investment Opportunity, listed at $899,000—positioned well below the $1,030,651 Fair Market Value by 12%. This valuation gap offers $131,651 in Instant Equity. Featuring a Mint Condition Rating, the home includes a modern kitchen, Zoning R2 potential, and a massive 0.4-acre lot. With its expansive outdoor utility and proximity to local schools, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term development upside.
Property is new construction or fully renovated.
While originally built in 1946, the property has undergone a complete contemporary renovation within the last 5 years. It features a brand new kitchen with Zellige tile and stainless appliances, a fully remodeled bathroom, and new flooring throughout. Major systems are updated including a new roof, upgraded electrical panel, central heat, and a brand new public sewer connection, placing it in mint, move-in condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17859, living area = 1521.
The property sits on a rare 0.41-acre lot zoned R-2, offering significant investment upside through potential lot splitting, ADU construction, or multi-unit development in a desirable residential neighborhood.
This 1946 cottage has been fully reimagined with high-end contemporary finishes, including a designer kitchen with Zellige tile and soaring exposed beam ceilings, while benefiting from essential infrastructure upgrades like a new roof, electrical panel, and sewer line.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Despite having over 1,500 square feet of living space and three potential bedrooms, the home only features one bathroom, which may be a significant drawback for families or impact future resale value.
While the home includes central heating and dual-pane windows, the lack of a dedicated cooling system may be a concern for buyers during the warmer summer months in East Ventura.
Incredible opportunity to own nearly a half acre in east Ventura! Zoned R-2, and tucked down a quaint cul-de-sac road, this 1946 California cottage has been fully reimagined with all new contemporary amenities, yet preserved with the best of its era's character and charm. Inside, approximately 1,500+ square feet of beautifully renovated living space- featuring two bedrooms (plus one additional bonus room off kitchen), one fully renovated bathroom, and the most dramatic great room- anchoring the home with soaring exposed beam ceilings that command volume, warmth, and openness. Natural light pours into all living space through large windows, highlighting the home's elevated and modern finishes. The brand new kitchen- designed with a timeless aesthetic, is complete with modern Zellige tile backsplash, all new stainless appliances, custom soft close cabinetry, and all new fixtures & hardware. And then the lot itself... a space to dream, grow, and create. The possibilities--expand the existing residence, design a guest house/ADU, add a pool, create a garden retreat, plant even more fruit trees, split the lot, build workshop space, or simply enjoy the privacy and freedom that come with owning a rare expansive .4 acre lot in a residential neighborhood!!! With a dual-wide side driveway, there is more than abundant space for RV, boat, or multi-car storage and access. New roof, upgraded electrical panel, crisp paint, new flooring, dual pane windows, central heat, and BRAND NEW connected public sewer line. Enjoy complete tranquility, yet just minutes to freeway access, gorgeous beaches, shopping, restaurants, and all that our amazing Ventura has to offer!
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 2.8 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,521 | 1,577 |
| Lot Size | 17,859 | 6,412 |
| Price | $899.0K | $966.0K |
| Price per sq ft | $591 | $611 |
| Built year | 1946 | 1965 |
| HOA | $0 | $246 |
| Days on market | 40 | 53 |
Jun 12, 2026
$899,000
Initial Listing
Mar 20, 2024
$500,000
Public Record