2577 Alvarado Street, Oxnard, California 93036, Oxnard, 93036 - 2 bed, 1 bath
ACTIVE$399,000
2577 Alvarado Street, Oxnard, California 93036
2Beds
1Bath
660Sqft
4,791Lot
Year Built
1952
Close
-
List price
$399K
Original List price
$399K
Price/Sqft
$605
HOA
-
Days on market
-
Sold On
-
MLS number
V1-33649
Home ConditionTear down
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $399.0K(2th), sqft - 660(2th), beds - 2(6th), baths - 1(3th).
Situated down a long shared driveway this 2-bedroom, 1-bath bungalow in El Rio sits on a large parcel with plenty of room to reimagine. The home is being sold as-is, but offers a great opportunity for the right buyer to bring it back to life or start fresh.
Price History
Date
Event
Price
12/04/25
Listing
$399,000
Condition Rating
Tear down
The property was built in 1952, making it 72 years old. It is explicitly stated as being sold 'as-is' and offers an opportunity to 'bring it back to life or start fresh,' with 'start fresh' often implying demolition. The exterior images reveal significant deferred maintenance, including weathered roof trim, security bars, and an unkempt environment, strongly suggesting no major renovations in the past 50 years. The absence of interior photos, particularly for the kitchen and bathroom, combined with the property's age and 'as-is' condition, indicates that all major systems and interior finishes are likely original or severely outdated and in extremely poor condition, rendering the property unlivable without extensive, likely cost-prohibitive, rehabilitation or complete demolition. This aligns with the 'Tear-down' criteria for properties built over 50 years ago with no major renovations in the past 50 years, where the structure may be beyond practical repair.
Pros & Cons
Pros
Generous Lot Size: The property sits on a 4,791 sqft parcel, described as a 'large parcel with plenty of room to reimagine,' offering significant outdoor space or potential for expansion.
Significant Redevelopment Potential: Explicitly stated as a 'great opportunity for the right buyer to bring it back to life or start fresh,' indicating strong potential for renovation, expansion, or complete redevelopment.
Value-Add Investment Opportunity: The 'as-is' sale and the property's potential for revitalization present a compelling opportunity for investors or owner-occupants looking to build equity through improvements.
Private Driveway Access: Situated down a long shared driveway, the home benefits from a degree of seclusion and privacy away from direct street traffic.
Detached Single-Family Home: Despite its size, it is a standalone single-family residence, offering independence, no shared walls, and greater control over the property compared to attached housing.
Cons
As-Is Sale Condition: The property is being sold 'as-is,' which typically implies that the seller will not make repairs, potentially requiring immediate and significant investment from the buyer for necessary updates or repairs.
Limited Living Space: With only 660 sqft, 2 bedrooms, and 1 bathroom, the interior living area is very compact, which may limit its appeal to larger households or those desiring more spacious accommodations.
Age and Required Updates: Built in 1952, the home is likely to require substantial updates to its systems (plumbing, electrical, HVAC), finishes, and overall design to meet modern standards and buyer expectations.