883 Murdoch Lane, Ventura, California 93003, Ventura, 93003 - 2 bed, 2 bath
883 Murdoch Lane
Ventura, California 93003
Property Price
SUMMARY
Analysis of 883 Murdoch Lane, Ventura, California 93003 is currently available with a list price of $669,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1985, this condo is well-maintained and move-in ready, featuring recent laminate flooring in the main living areas and fresh paint. However, the kitchen appliances, cabinet styles, bathroom vanities, light fixtures, and bedroom carpets are notably dated, suggesting the last major renovation was 15-30 years ago. While functional, these areas show signs of being outdated and would benefit from minor cosmetic updates to meet current styles.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Accessibility
Situated in the desirable La Ventana neighborhood, offering convenient access to Ventura's beaches, shopping, dining, commuter routes, and the Government Center.
- Single-Level Living
Features a single-story layout, providing easy living with no stairs and designed for accessibility, appealing to a wide range of buyers.
- Private Outdoor Retreats
Includes two private patios, ideal for enjoying Ventura's mild climate and offering dedicated outdoor relaxation space.
CONSRISKS & DEFICIENCIES
- Substantial Association Fees
The monthly association fee of $599.81 is relatively high, which could impact overall affordability and long-term ownership costs.
- Lack of Scenic Views
The property explicitly states 'view: None,' which may be a significant drawback for buyers seeking ocean or mountain vistas in a coastal community like Ventura.
- Modest Square Footage
At 1081 sqft, the living space for a 2-bedroom, 2-bathroom unit may be considered modest by some buyers, potentially limiting spaciousness.
About 883 Murdoch Lane
Welcome to La Ventana, one of Ventura's desirable neighborhoods! This single-story condo offers comfort, convenience, and coastal living.2 Bedrooms - Ideal for soft sleep or a home office.2 Bathrooms -providing privacy and functionality for residents and guests.Two Private Patios - Perfect for morning coffee while enjoying Ventura's mild climate.Attached 2-Car Garage - Secure parking with additional storage space and laundry.Single-Level Layout - Easy living with no stairs, designed for accessibility.Situated near the Ventura Government Center for convenience.Minutes from Ventura's beautiful beaches and scenic recreation areas.Close to shopping, dining, and commuter routes, making everyday life effortless.This condo is your opportunity to own a home in La Ventana with privacy, practicality, and proximity to Ventura's best amenities.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $599.81 / Month
Neighborhood Insights
Ventura Unified Schools
Portola Elementary School
Grades K-5 • 0.2 mi
Balboa Middle School
Grades 6-8 • 0.6 mi
Buena High School
Grades 9-12 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,081 | 1,083 | 50% |
| Lot Size | - | - | 50% |
| Price | $669.0K | $536.0K | 90% |
| Price per sq ft | $619 | $475 | 88% |
| Built year | 1985 | 1980 | 60% |
| HOA | $599.81 | $534 | 83% |
| Days on market | 84 | 164 | 13% |
Pricing History
Listed for Sale
Dec 13, 2025
$669,000
Initial Listing
Sold
Sep 24, 2007
$400,000
Public Record