557 561 N Olive Street, Ventura, California 93001, Ventura, - bed, bath
ACTIVE$999,000
557 561 N Olive Street, Ventura, California 93001
0Bed
0Bath
Sqft
4,700Lot
Year Built
1927
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
V1-26138
Home ConditionFair
Features
View
About this home
Great investment opportunity. Or live in one and rent. . Location is fabulous, close to school, downtown and near to ventura Co. beautiful beaches
Nearby schools
4/10
Sheridan Way Elementary School
Public,•K-5•0.1mi
2/10
Will Rogers Elementary School
Public,•K-5•2.5mi
5/10
De Anza Academy Of Technology And The Arts
Public,•6-8•1.1mi
6/10
Ventura High School
Public,•9-12•2.0mi
Price History
Date
Event
Price
10/07/24
$999,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (8 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 1,904 | |
| Lot Size | 4,700 | 4,791 | 33% |
| Price | $999K | $1.11M | 44% |
| Price per square foot | $0 | $626 | |
| Built year | 1927 | 1954 | 33% |
| HOA | |||
| Days on market | 394 | 164 | 89% |
Condition Rating
Fair
The property was built in 1927. The images show that the property has been maintained, but the kitchen and bathrooms are not visible. The interior shows some updates, but the overall condition suggests it requires minor updates or repairs. Given the age, it's likely that major components are functional but outdated.
Pros & Cons
Pros
Investment Opportunity: The property is a duplex, offering potential for rental income or owner-occupancy with rental income from the other unit.
Prime Location: Located close to schools, downtown Ventura, and beaches, providing convenient access to amenities and attractions.
Desirable Area: Situated in the Ventura Ave - 0208 subdivision, a potentially desirable area within Ventura.
View Potential: The property has view, which can be a selling point for potential tenants or buyers.
Lot Size: The lot size is 4700 sqft, which provides outdoor space.
Cons
Age of Property: Built in 1927, the property may require updates or repairs due to its age.
Potential Renovation Needs: Depending on the current condition, the property may need renovations to maximize its rental potential or market value.
Limited Information: The description is brief, lacking specific details about the condition and features of each unit, which could deter some buyers.