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Under ContractCondominium

5516 Dorsey Street

Ventura, CA, 93003

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$482,700

MLS: V1-37763

Beds

2

Baths

2

Sq Ft

1,052

Lot

Year Built

2005

MLS #

V1-37763

Days on Market

9

Listed

Jul 22, 2026

Description

Single level living in a desirable Ventura location. This home is very clean with 2 well separated bedrooms and 2 full baths. End unit with no stairs, steps away from a grassy common area ... a rare find for easy outdoor enjoyment. Did I mention 2 car garage -- a great opportunity for a Ventura home in a convenient location. This home is part of Ventura's moderate-income housing program and I believe is currently 20 years into its 30-year affordability term. Prospective purchasers must meet the Affordable Housing requirements for moderate-income households. Buyer must: Review all 'Buyer' information, including the minimum eligibility criteria for the tract. Gather and submit with application all required supporting documentation, including the seller/buyer accepted offer. Complete the Affordable Housing Program Application.https://venturahousing.org/affordable-restricted-homes/#buyersBuyer eligibility, income limits and resale restrictions are determined by the Housing Authority of the City of Ventura. Buyers must verify qualification directly before writing an offer.Ventura Housing Authority https://venturahousing.org/affordable-restricted-homes/#buyersHousing / Homes for Sale / Harmony (name of the complex)Buyer to verify HOA information

Location

Ventura, Ventura County, CA 93003

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Listed by: Bonny Goetz · Real Broker

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$4,155

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $48,270 · Loan: $434,430

%

Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$2,792
Property tax (1.25%)
$503
Homeowners insurance
$300
Mortgage insurance
$181
HOA dues
$379
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Jul 30, 2026

30-year fixed
6.66%
15-year fixed
6.04%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Ventura home with as little as 3.5% down using an FHA loan — roughly $16,895 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Active and pending listings in ZIP 93003 (Ventura)within ±10% of this home's price and size.

Local Market Stats

See Ventura, CA 93003 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.