8530 N Ventura Avenue, Ventura, California 93001, Ventura, 93001 - 3 bed, 2 bath
ACTIVE$649,000
8530 N Ventura Avenue, Ventura, California 93001
3Beds
2Baths
1,200Sqft
10,985Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Mountain Views: The property boasts desirable mountain views, enhancing its aesthetic appeal and potential value.
Top Cons:
Advanced Age of Property: Constructed in 1927, the home is nearly a century old, which may imply the need for significant updates to major systems (plumbing, electrical, HVAC) and general maintenance to meet modern standards.
Compared to the nearby listings
Price:$649.0K vs avg $1.26M ($-613,000)8%
Size:1,200 sqft vs avg 1,728 sqft31%
Price/sqft:$541 vs avg $77026%
More Insights
Built in 1927 (98 years old).
Condition: Built in 1927, this property shows significant age and a lack of comprehensive modern renovations. The kitchen features very dated wood cabinets, laminate countertops, and basic appliances, suggesting it hasn't been updated in 30-50+ years. One bathroom has an extremely old pedestal sink and fixtures, while the other, though slightly more updated, still has an outdated light fixture. Hardwood floors are worn, and heating is via a wall unit. These elements indicate a need for substantial rehabilitation in key areas to meet current standards of comfort and functionality, aligning with the 'Poor' condition criteria.
Year Built
1927
Close
-
List price
$649K
Original List price
$699K
Price/Sqft
$541
HOA
-
Days on market
-
Sold On
-
MLS number
220006255
Home ConditionPoor
Features
Good View: Mountain(s)
Patio
View-
About this home
Condition Rating
Poor
Built in 1927, this property shows significant age and a lack of comprehensive modern renovations. The kitchen features very dated wood cabinets, laminate countertops, and basic appliances, suggesting it hasn't been updated in 30-50+ years. One bathroom has an extremely old pedestal sink and fixtures, while the other, though slightly more updated, still has an outdated light fixture. Hardwood floors are worn, and heating is via a wall unit. These elements indicate a need for substantial rehabilitation in key areas to meet current standards of comfort and functionality, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
Mountain Views: The property boasts desirable mountain views, enhancing its aesthetic appeal and potential value.
Generous Lot Size: With a lot size of 10,985 sqft, the property offers ample outdoor space for potential expansion, landscaping, or creating a private oasis.
Historic Charm: Built in 1927, the home likely possesses unique architectural character and historic charm that can appeal to buyers seeking properties with a distinct personality.
Price Adjustment: The recent price reduction from $699,000 to $649,000 indicates increased motivation from the seller and presents a more competitive offering for potential buyers.
Desirable Location: Located in Ventura, California, the property benefits from being in a sought-after coastal city known for its lifestyle and amenities.
Cons
Advanced Age of Property: Constructed in 1927, the home is nearly a century old, which may imply the need for significant updates to major systems (plumbing, electrical, HVAC) and general maintenance to meet modern standards.
Extended Market Time: Having been on the market since June 2020, the property has experienced a prolonged listing period, which could suggest challenges in pricing, condition, or other factors deterring buyers.
Modest Interior Square Footage: At 1200 sqft for a 3-bedroom, 2-bathroom layout, the interior living space might be considered compact for some buyers, potentially limiting its appeal to those seeking more expansive living areas.