2724 Friedrich Road, Oxnard, California 93036, Oxnard, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$499,000
2724 Friedrich Road, Oxnard, California 93036
3Beds
2Baths
1,440Sqft
7,840Lot
Year Built
1987
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
225004725
Home ConditionPoor
Features
Good View:
View-

About this home

Fantastic fixer opportunity in Oxnard! This property is uniquely situated in the middle of a SFR neighborhood and is registered with the Western Mobile Home Association (WMA), ID 28197 'Wonderland Mobile Home Park.' It includes two manufactured homes plus a third fixed structure, along with 8 owned (paid-off) solar panels that add extra value. Current rental income is about $2,800/month, making it appealing for investors.The property is zoned RE-10,000 sq ft/MHP, which allows both residential estate use and operation as a mobile home park. While RE-10,000 zoning typically requires a 10,000 sq. ft. lot, this 7,800 sq. ft. parcel is a legal non-conforming lot, meaning it can continue to be used and improved as it is. The Mobile Home Park designation provides flexibility to keep operating with manufactured homes, while the City of Oxnard's Area Plan supports low-density residential (2-4 homes per acre), consistent with the surrounding SFR neighborhood.Buyers have multiple options; retain it as an income property, redevelop into a SFR residence, or renovate and flip for profit. Conveniently located near schools, shopping, and major commuter routes, this is a rare chance to create value in a desirable location.

Nearby schools

4/10
Rio Del Valle Middle School
Public,6-81.4mi
3/10
Rio Real Elementary School
Public,K-81.6mi
4/10
Rio Mesa High School
Public,9-122.0mi
9/10
Rancho Campana High
Public,9-126.4mi

Price History

Date
Event
Price
09/17/25
Listing
$499,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (64 Listings)
Beds33
50%
Baths23
45%
Square foot1,4401,860
31%
Lot Size7,8406,098
82%
Price$499K$840K
2%
Price per square foot$347$470
3%
Built year19871989
43%
HOA
Days on market48159
6%
Condition Rating
Poor

Built in 1987, this property is explicitly marketed as a 'fantastic fixer opportunity' requiring renovation. The images reveal significant deferred maintenance, including worn exteriors, unkempt surroundings, and at least one interior room with an exposed, possibly damaged ceiling, dirty walls, and general disarray. While specific kitchen and bathroom images are not provided, the overall condition strongly suggests these areas would also require substantial repairs and rehabilitation to be functional and comfortable. The property is not move-in ready and requires significant investment.
Pros & Cons

Pros

Versatile Investment Opportunity: The property offers multiple strategic options for buyers, including retaining it as an income property, redeveloping into a single-family residence, or renovating and flipping for profit, appealing to a broad investor base.
Income Generating Asset: With a current rental income of approximately $2,800/month from two manufactured homes and a third fixed structure, the property provides immediate cash flow for investors.
Flexible Zoning & Legal Non-Conforming Status: Zoned RE-10,000 sq ft/MHP, it allows for both residential estate use and mobile home park operation. Its legal non-conforming status for the 7,800 sq ft lot ensures continued use and improvement despite being smaller than typical RE-10,000 requirements.
Value-Add Potential: Explicitly described as a 'fantastic fixer opportunity,' the property presents significant upside for renovation, modernization, and value creation through strategic improvements.
Owned Solar Panels: The inclusion of 8 owned (paid-off) solar panels adds tangible value, reduces utility costs, and enhances the property's appeal and sustainability.

Cons

Fixer Condition & Age: The property is marketed as a 'fixer,' implying substantial repairs, renovations, and updates are required, particularly for manufactured homes built in 1987, which could entail significant upfront investment.
Complex Property Type & Zoning Ambiguity: The property's classification as a 'Mobile Home Park' with multiple manufactured homes, yet listed as a 'Single Family Residence' sub-type and situated in an SFR neighborhood, creates potential confusion for buyers, financing, and appraisal processes.
Legal Non-Conforming Lot Size Limitations: While currently legal non-conforming, the 7,800 sq ft lot is smaller than the 10,000 sq ft typically required for its RE-10,000 zoning, which could impose restrictions or complexities on future redevelopment plans or significant structural alterations.

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