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1350 Elder Street, Oxnard, California 93036, Oxnard, - bed, bath

home-pic
ACTIVE$925,000
1350 Elder Street, Oxnard, California 93036
0Bed
0Bath
1,821Sqft
6,098Lot
Year Built
1961
Close
-
List price
$925K
Original List price
$1.15M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
V1-30450
Home ConditionExcellent
Features
Patio
View-

About this home

INCOME‑PRODUCING DUPLEX IN NORTH OXNARD - INVESTOR READY! Fully renovated and ready for immediate occupancy. No immediate repairs/improvements needed. Main house (3+2, 1,425 sq ft) rents for approximately $4,000/month; permitted ADU (1 +1, 397 sq ft) estimated at $2,200/month. Ideal for investors looking for turnkey income. Pro Forma (Estimates): Estimate Gross Scheduled Income: $74,400/year - Estimated Operating Expenses: $22,473 -Estimated Net Operating Income: $51,927 Highlights:Solar (2 yrs -owned), updated HVAC (2 yrs), newer kitchen (4 yrs), newer roof (4 yrs)& more, prime location near beaches & freeway access. Buyer to independently verify all info. Figures shown are estimates only. Buyer to verify all income, expenses, permits, and property details independently. THIS ESTIMATE IS BASED ON PREVIOUS MARKET FACTORS AND ARE NOT GUARANTEED.Whether you're expanding your portfolio or looking to offset your mortgage with rental income, this turnkey duplex delivers a unique blend of modern amenities, location, and investment potential. Don't miss your chance to secure a high-performing asset in one of Oxnard's most sought-after areas.

Nearby schools

3/10
Sierra Linda Elementary School
Public,•K-5•0.3mi
3/10
Thurgood Marshall Elementary School
Public,•K-5•0.9mi
3/10
Fremont Intermediate School
Public,•6-8•0.7mi
4/10
Rio Mesa High School
Public,•9-12•3.4mi
9/10
Rancho Campana High
Public,•9-12•9.9mi

Price History

Date
Event
Price
10/08/25
Price Change
$925,000-5.1%
08/31/25
Price Change
$974,999-2.5%
08/05/25
$999,999
06/07/25
$1,150,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (2 Listings)
Beds00
Baths00
Square foot1,8211,821
50%
Lot Size6,0986,098
50%
Price$925K$925K
50%
Price per square foot$508$508
50%
Built year19611961
50%
HOA
Days on market151151
50%
Condition Rating
Excellent
Despite being built in 1961, this property has undergone a full and extensive renovation within the last 5 years, as evidenced by the description (newer kitchen 4 yrs, updated HVAC 2 yrs, newer roof 4 yrs, solar 2 yrs). The images confirm a modern aesthetic with white shaker cabinets, granite/quartz countertops, mosaic backsplash, and stainless steel appliances in the kitchen. Bathrooms feature updated vanities, modern fixtures, and contemporary tile work. Flooring is consistent LVP/laminate throughout, and lighting includes recessed fixtures and modern ceiling fans. All components appear virtually new and meet current quality standards, indicating no deferred maintenance.
Pros & Cons

Pros

Income-Generating Asset: This property is a fully renovated duplex with a permitted ADU, offering substantial income potential with estimated gross scheduled income of $74,400/year, making it ideal for investors.
Turnkey Condition: The property is fully renovated and ready for immediate occupancy, requiring no immediate repairs or improvements, which minimizes initial capital expenditure for a new owner.
Recent Major Upgrades: Significant recent updates include owned solar (2 years old), updated HVAC (2 years old), a newer kitchen (4 years old), and a newer roof (4 years old), ensuring long-term reliability and reduced maintenance costs.
Prime Location: Located in North Oxnard, the property boasts a prime location with convenient access to beaches and freeway, enhancing its desirability for tenants and potential for appreciation.
Investment Potential: Marketed as 'investor-ready' and a 'high-performing asset,' this duplex offers a unique blend of modern amenities and location, suitable for expanding a portfolio or offsetting a mortgage.

Cons

Significant Price Reductions: The property has undergone multiple price reductions from an original list price of $1.15M down to $925K, which may indicate initial overpricing or challenges in market valuation.
Older Property Age: Built in 1961, the property's underlying structure is over 60 years old. While renovated, this age could still imply potential for unforeseen issues or less modern layouts in areas not covered by recent updates.
Lack of Desirable Views: The property explicitly states 'view: None,' which could be a drawback in a coastal California market where scenic views often contribute significantly to property value and appeal.

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