850 Albany, Ventura, California 93004, Ventura, 93004 - 3 bed, 2 bath
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Ventura, California 93004
This Single-Story Bankruptcy Sale Asset is a Prime Investment Opportunity listed at $799,000—positioned well below the $840,919 Fair Market Value by 4%. This valuation gap offers $41,919 in Instant Equity. While the Condition Rating of 4 and aluminum wiring require remediation, the home features copper plumbing, a tankless water heater, and a large lot in the Ventura Unified district near Citrus Glen Elementary. This high-upside project is ideal for Fix-and-Flip Investors or Contractors seeking a strategic value-add acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 850 Albany Subject | $799,000* List Price | 3 | 2 | 1,621 | $519 | - |
A 813 Utica Avenue Sold | $850,000 | 4 | 2 | 1,659 | $512 | 0.1 mi |
B 479 Mackay Avenue Sold | $805,000 | 3 | 2 | 1,569 | $513 | 0.9 mi |
C 9182 Halifax Street Sold | $859,000 | 4 | 2 | 1,642 | $523 | 0.4 mi |
D 847 Jasper Avenue Sold | $890,000 | 3 | 3 | 1,592 | $559 | 0.2 mi |
E 8582 Hollister Street Active | $879,000 List Price | 3 | 2 | 1,502 | $585 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1968, the property has received some significant infrastructure upgrades including copper plumbing, a tankless water heater, and dual-pane windows. However, the presence of aluminum wiring is a notable safety defect, and the 'drive-by only' bankruptcy sale status, combined with unmaintained exterior landscaping, suggests the interior likely requires updates and suffers from deferred maintenance typical of a 50+ year old home.
The residence features high-beam ceilings and a unique open loft/attic space, providing a bright, airy aesthetic and versatile living options.
The property includes significant mechanical improvements such as copper interior plumbing, a tankless water heater, and dual-pane windows throughout.
Ideally situated in Ventura's East End near top-rated schools, the home sits on an expansive lot with ample space for a pool, spa, or ADU.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6394, other record lot size in square feet = 6098.
The 'drive-by only' status and requirement for offers subject to interior inspection suggest potential challenges with occupant cooperation or unknown interior conditions.
The presence of aluminum wiring is a significant drawback that often complicates property insurance and may require costly remediation for safety.
Bankruptcy Sale — This stunning single story home is bright and airy, ideally situated in the East End of Ventura. This captivating 3-bedroom, 2-bathroom residence features wood and tile flooring, a spacious living room with high-beam ceilings, and a generously sized kitchen that opens to a roomy dining area. An open loft/attic space sits above the kitchen, adding character and versatility. The primary bathroom includes a bathtub, and dual-pane windows are installed throughout. The two-way fireplace has been rebuilt. The property includes aluminum wiring, a tankless water heater, and copper interior plumbing. The expansive backyard offers ample space for a pool, spa, or outdoor entertaining. Conveniently located just moments from Ventura’s best shopping, dining, parks, beaches, and top-rated schools. Drive-by only. Please do not disturb occupants. Submit offers subject to interior inspection.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 42% |
| Square foot | 1,621 | 1,721 | 39% |
| Lot Size | 6,394 | 6,098 | 62% |
| Price | $799.0K | $900.0K | 14% |
| Price per sq ft | $493 | $530 | 38% |
| Built year | 1968 | 1984 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 168 | 4% |
Apr 3, 2026
$799,000
Initial Listing
Mar 30, 1995
$181,000
Public Record