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509 Merritt Avenue, Camarillo, CA 93010

$989K3bd · 2ba · 1,336 sqft
Lot 6,969 sqft•Single Family Residence•
Active
•39d on market•MLS# V1-38753

Property Description

Assumable Loan at 4.25% for this home. Welcome to this beautifully maintained and versatile residential property offering approximately 1,800+ sq. ft. of combined living space, featuring a 3-bedroom, 2-bathroom main residence plus a fully furnished 309 sq. ft. Junior ADU--an exceptional opportunity for homeowners seeking additional rental income, multi-generational living, or flexible guest accommodations. The main home features a beautifully renovated kitchen completed in 2026, complemented by attractive wood flooring, split A/C, a tankless water heater, spacious pantry, and comfortable living areas designed for everyday living and entertaining. The fully furnished 1-bedroom Junior ADU provides an exciting opportunity for potential rental income of approximately $2,200-$2,500 per month, subject to market conditions and applicable regulations. The approximately 309 sq. ft. unit includes a private bathroom, kitchenette, A/C, refrigerator, furnishings, and dedicated washer/dryer, making it a versatile space for a tenant, extended family member, guest suite, or home-office arrangement. Adding to the property's value and efficiency is a fully paid-off Tesla solar energy system and Tesla EV charger, offering the potential for energy savings and convenient EV charging. The spacious driveway provides parking for up to three vehicles, with additional space that may offer potential RV parking, subject to applicable requirements. The private outdoor space features an established edible garden with a variety of mature fruit and landscaping, including mango, guava, citrus, fig, banana, sugar cane, lemongrass, and curry trees. PROPERTY HIGHLIGHTS Approximately 1,800+ sq. ft. of combined living space 3-bedroom, 2-bathroom main home 309 sq. ft. Junior ADU Potential ADU rental income: $2,200-$2,500/month Fully furnished ADU with kitchenette and private bathroom ADU A/C, refrigerator & dedicated washer/dryer 2026 renovated kitchen Wood flooring Split A/C Tankless water heater Spacious pantry Paid-off Tesla solar system Tesla EV charger Driveway parking for up to 3 vehicles Potential RV parking Private garden with mature fruit and edible plants Flexible setup for rental income, extended family, guests, or additional living space

Features & Amenities

FeeBuilt 1961

Property Details

Land Type
Fee
Year Built
1961
Property Type
Residential
Property Subtype
Single Family Residence
Garage Spaces
0
Heating
Central, Fireplace(s)
Cooling
High Efficiency
View
None
City
Camarillo
Zip Code
93010
County
Ventura
Listed byeXp Realty of Greater LA, Ernesto Vargas

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,000.92
Principal & Interest
Loan Amount
$791,200
Total Interest
$1,009,132
Total Payment Over 30 Years
$1,800,332
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

509 Merritt Avenue, Camarillo, CA 93010

Camarillo · Single Family Residence

$989K
Affordable Tier
Beds
3
Baths
2
Sqft
1,336
Lot
6,969 sqft
Year
1961
$/Sqft
$740
Pool: No✓
Spa: No✓
View: None✓

Listed 6.9% above the median closed sale of $925,000. Price per sqft ($740) is a 23% premium to closed comps ($602). Closed comps sold at 101% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $989K· $740/sqft
Total list price
Closed comps
vs closed median $925K
+$64K (+6.9%)
Active comps
vs active median $899K
+$90K (+10.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $581
+$159 (+27.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
559 Loop DriveCamarillo1956321,41819,597$751$1.06M3874
861 Calle CameliaCamarillo1972421,2017,003$704$845,0003273
1772 Regent StreetCamarillo1965431,8376,969$476$874,0003971
1820 Temple AvenueCamarillo1964531,8966,098$474$899,0007668
388 Village Commons BoulevardCamarillo2005331,8143,920$501$909,0006067
Total: 5 · Average3.82.61,633.28,717.4$581.2$918,40049
Median1,814$899,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2547 Dumetz StreetCamarillo196009/10/2026421,3948,276$845,000$850,000$6101.013489
527 Keyser RondoCamarillo196404/08/2026421,4028,704$930,000$925,000$6600.996585
478 Staunton StreetCamarillo196011/12/2025331,5127,157$875,000$875,000$5791.004083
2791 Waverly AvenueCamarillo197905/29/2026421,4297,405$925,000$940,000$6581.023781
2906 Knight RondoCamarillo196106/12/2026421,8896,969$910,000$950,000$5031.044381
Total: 5 · Average3.82.21,525.27,702.2$908,000$908,000$602—43.8
Median1,429$925,000$925,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.