845 Mission Drive, Camarillo, California 93010, Camarillo, 93010 - 2 bed, 2 bath
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845 Mission Drive
Camarillo, California 93010
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,844Sq Ft
43,460Lot Size
Property Price
LIST PRICE$789,000
EST. MARKET VALUE
$817,087
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $789,000—positioned well below the $817,088 Fair Market Value by 3%. This valuation gap offers $28,088 in Instant Equity. Featuring a Condition Rating of 5, this RE20 Zoned asset offers significant development upside with plans for four income-producing units. With new electrical and plumbing installed and stunning ocean views, this is a high-reward acquisition ideal for Buy-and-Hold Investors or Contractors ready to complete the junior ADU.
Estimated Market Value
$817,087+$28,087 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Camarillo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 845 Mission Drive Subject 2 bd · 2 ba · 1,844 sqft · $443 | $789,000* List Price | 2 | 2 | 1,844 | $443 | - |
A 377 N Loop Drive N Pending 3 bd · 3 ba · 2,212 sqft · $359 · 0.6 mi | $795,000 List Price | 3 | 3 | 2,212 | $359 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1941, this property is explicitly listed as a 'contractor special' and 'cash only' sale, indicating it does not meet standard habitability for traditional financing. While the upstairs unit is remodeled and major systems (plumbing/electrical) are reportedly new, the lower level is an unfinished shell and the site remains a significant rehab project.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43460, living area = 1844.
- Great Schools
High School: Rancho Campana High (9/10).
- Development Potential
The expansive one-acre lot zoned RE20 offers significant investment upside with plans for up to four income-producing units, including multiple ADUs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =43460, other record lot size in square feet = 26652.
- Financing Limitations
The 'Cash Only' requirement significantly restricts the buyer pool by excluding those who require traditional mortgage financing.
- Substantial Project Scope
As a contractor special with an unfinished junior ADU and a split main house, the property requires significant capital and construction expertise to reach completion.
About 845 Mission Drive
*CASH ONLY* Rare one-acre contractor special in the coveted Camarillo Heights, offering stunning ocean views and a head start with new electrical and plumbing already installed. This is a prime opportunity for an experienced buyer or investor ready to tackle a project with massive upside.The main house has been strategically redesigned into two separate units. The internal stairs were removed to create a fully remodeled upstairs unit featuring an expanded bathroom. The bottom floor is an unfinished junior ADU, constructed to code and ready for your finishing touches. But the potential doesn't stop there, the vision for this property includes plans for two additional ADUs, offering a potential total of four income-producing units once complete or more! Zoned (Rural Exclusive) RE20. DO NOT DISTURB TENANTS.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 43,460 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Camarillo Unified Schools
Camarillo Heights Elementary School
Grades K-5 • 0.4 mi
6/10
Monte Vista Middle School
Grades 6-8 • 1.6 mi
6/10
Mesa Elementary School
Grades K-8 • 2.9 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,844 | 1,758.44 |
| Lot Size | 43,460 | 6,394.041 |
| Price | $789.0K | $911.0K |
| Price per sq ft | $428 | $507 |
| Built year | 1941 | 1980 |
| HOA | $0 | $373 |
| Days on market | 3 | 55 |
Pricing History
Listed for Sale
Oct 21, 2026
$789,000
Initial Listing
Sold
Aug 7, 2019
$515,000
Public Record