521 Temescal Street, Piru, California 93040, Piru, 93040 - 3 bed, 1 bath
ACTIVE$550,000
521 Temescal Street, Piru, California 93040
3Beds
1Bath
1,134Sqft
10,890Lot
Year Built
1920
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
$485
HOA
-
Days on market
-
Sold On
-
MLS number
V1-33487
Home ConditionTear down
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
We found 3 Cons,6 Pros. Rank: price - $550.0K(25th), sqft - 1134(25th), beds - 3(50th), baths - 1(25th).
CASH OFFERS ONLY!!! A developer's dream! Welcome to Piru, a small historic growing town located in Ventura County. This 3-bedroom home, built in 1920, is ready for someone to renovate and make their own. Situated in a quiet neighborhood on an almost 11,000 sq. ft. flat lot, this property offers great potential for future development with endless possibilities (buyer to verify all potential improvements with the appropriate city/county agencies). Don't let this opportunity slip away.
Price History
Date
Event
Price
11/21/25
Listing
$550,000
Condition Rating
Tear down
Built in 1920, this property shows no evidence of major renovations in the past 50+ years. The interior, including the kitchen, features extremely outdated finishes (worn carpet, old linoleum, basic cabinets, old appliances) and systems (window AC, wall heaters). The listing explicitly markets it as a 'developer's dream' requiring 'extensive renovation' and is 'CASH OFFERS ONLY,' strongly indicating the existing structure has minimal value and the property's worth is primarily in the land and its redevelopment potential, aligning with the 'tear-down' criteria.
Pros & Cons
Pros
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 = 10890, living area = 1134.
Significant Development Potential: Explicitly marketed as 'A developer's dream' with 'great potential for future development' on an 'almost 11,000 sq. ft. flat lot', offering substantial upside for investors or builders.
Large, Flat Lot: The almost 11,000 sq. ft. flat lot provides ample space for expansion, landscaping, or potential additional structures, a valuable asset for customization or development.
Location in Growing Historic Town: Situated in Piru, described as a 'small historic growing town located in Ventura County,' suggesting potential for future appreciation and community development.
Mountain Views: The property offers desirable mountain views, enhancing its aesthetic appeal and potential desirability.
Quiet Neighborhood Setting: Located in a 'quiet neighborhood,' which contributes to a peaceful and desirable living environment.
Cons
Cash Offers Only: The strict requirement for 'CASH OFFERS ONLY!!!' significantly limits the pool of potential buyers, potentially prolonging market time and affecting sale price.
Extensive Renovation Required: Built in 1920, the home 'is ready for someone to renovate and make their own,' indicating a substantial financial and time investment will be needed for modernization and repairs.
Buyer Responsibility for Development Verification: The description explicitly states '(buyer to verify all potential improvements with the appropriate city/county agencies),' placing the burden and cost of due diligence for development entirely on the buyer.