922 Olympia Avenue, Ventura, California 93004, Ventura, 93004 - 4 bed, 3 bath
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922 Olympia Avenue
Ventura, California 93004
ACTIVE
CONDITION: FAIR
4Beds
3Baths
1,988Sq Ft
6,875Lot Size
Property Price
LIST PRICE$879,000
EST. MARKET VALUE
$909,435
3% BelowMARKET VALUE
SUMMARY
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $879,000—positioned well below the $909,436 Fair Market Value by 3%. This valuation gap offers $30,436 in Instant Equity. With a Condition Rating of 4, the home is functional but offers significant value-add potential through modernization. Key features include RV parking and a private upstairs en-suite with ADU potential. Located near Citrus Glen Elementary, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, high-utility asset.
Estimated Market Value
$909,435+$30,435 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Ventura.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 922 Olympia Avenue Subject 4 bd · 3 ba · 1,988 sqft · $457 | $879,000* List Price | 4 | 3 | 1,988 | $457 | - |
A 8830 Ogden Street Sold 5 bd · 3 ba · 1,920 sqft · $508 · 0.1 mi | $975,000 | 5 | 3 | 1,920 | $508 | 0.1 mi |
B 8581 Hollister Street Sold 4 bd · 3 ba · 1,843 sqft · $477 · 0.4 mi | $880,000 | 4 | 3 | 1,843 | $477 | 0.4 mi |
C 967 Greensboro Road Sold 4 bd · 3 ba · 2,334 sqft · $439 · 0.2 mi | $1,025,000 | 4 | 3 | 2,334 | $439 | 0.2 mi |
D 9144 Neath Street Sold 4 bd · 2 ba · 1,624 sqft · $511 · 0.6 mi | $829,900 | 4 | 2 | 1,624 | $511 | 0.6 mi |
E 8497 Neath Street Sold 4 bd · 3 ba · 1,680 sqft · $517 · 0.6 mi | $869,000 | 4 | 3 | 1,680 | $517 | 0.6 mi |
F 482 Mackay Avenue Sold 4 bd · 2 ba · 1,550 sqft · $548 · 0.6 mi | $849,000 | 4 | 2 | 1,550 | $548 | 0.6 mi |
G 680 Greensboro Road Sold 5 bd · 3 ba · 2,094 sqft · $501 · 0.2 mi | $1,049,000 | 5 | 3 | 2,094 | $501 | 0.2 mi |
H 9419 Hollister Street Sold 4 bd · 2 ba · 1,694 sqft · $540 · 0.5 mi | $915,000 | 4 | 2 | 1,694 | $540 | 0.5 mi |
I 850 Albany Active Under Contract 3 bd · 2 ba · 1,621 sqft · $493 · 0.3 mi | $799,000 List Price | 3 | 2 | 1,621 | $493 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1964, the property is functional and move-in ready but significantly dated. The kitchen features oak cabinetry and laminate countertops that appear to be over 30 years old. While the interior has been refreshed with new carpet and paint, the home requires updates to the kitchen, bathrooms, and likely older systems to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Potential & Versatility
The private upstairs en-suite bedroom above the garage offers excellent potential for a guest suite, home office, or ADU conversion, providing rare flexibility for multi-generational living or rental income.
- Extensive Parking
A long driveway and dedicated RV parking provide significant utility for homeowners with multiple vehicles or recreational equipment, a premium feature for the East Ventura area.
- Functional Outdoor Space
The generous 6,875 sqft lot features mature fruit trees and secure block-wall fencing, offering a private and ready-to-use canvas for gardening or outdoor entertaining.
CONSRISKS & DEFICIENCIES
- Absence of Views
The property lacks any significant views, which may be a disadvantage for buyers seeking the scenic vistas often associated with the Ventura coastal region.
- Vintage Construction
Built in 1964, the home may require modernization of its original systems or cosmetic updates to align with contemporary buyer preferences and energy efficiency standards.
About 922 Olympia Avenue
Welcome to 922 Olympia Avenue in East Ventura's Edgemont tract, where a versatile floor plan, generous outdoor space, and ample RV parking offer a standout opportunity. This four-bedroom home features a private upstairs bedroom above the garage with its own en-suite bath--perfect for guests, a home office, or a quiet retreat. Other homes in the area have utilized this room as an ADU (buyer to verify). Three additional bedrooms are conveniently located on the first floor, including a second en-suite bedroom.Natural light fills the spacious living room, while a fireplace creates an inviting place to gather. The large backyard features mature fruit trees, block-wall fencing, and plenty of room for entertaining, gardening, or designing your own outdoor oasis.A long driveway provides ample off-street parking with room for an RV. Conveniently located near shopping, dining, and Highway 126, this home combines space, flexibility, and comfort!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 6,875 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Ventura Unified Schools
Citrus Glen Elementary School
Grades K-5 • 0.4 mi
6/10
Balboa Middle School
Grades 6-8 • 1.8 mi
6/10
Buena High School
Grades 9-12 • 2.3 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,988 | 1,627.281 |
| Lot Size | 6,875 | 6,289.688 |
| Price | $879.0K | $960.5K |
| Price per sq ft | $442 | $626 |
| Built year | 1964 | 1964 |
| HOA | $0 | $203 |
| Days on market | 24 | 58 |
Pricing History
Listed for Sale
Sep 30, 2026
$879,000
Initial Listing
Sold
Dec 21, 2012
$385,000
Public Record