1120 Deodar Avenue, Oxnard, California 93030, Oxnard, 93030 - 3 bed, 2 bath

1120 Deodar Avenue, Oxnard, California 93030 home-pic-0
ACTIVE$840,000
1120 Deodar Avenue, Oxnard, California 93030
3Beds
2Baths
1,444Sqft
6,159Lot
Year Built
1954
Close
-
List price
$840K
Original List price
$840K
Price/Sqft
$582
HOA
-
Days on market
-
Sold On
-
MLS number
V1-27339
Home ConditionFair
Features
View-

About this home

Possibly Over-Priced:The estimated price is 42% below the list price. We found 3 Cons,5 Pros. Rank: price - $840.0K(65th), sqft - 1444(31th), beds - 3(50th), baths - 2(50th).

This charming North Oxnard home is nestled in a well-established neighborhood and boasts incredible potential! With a bonus living area featuring a private, highly upgraded bathroom, the home presents the opportunity for extra income. The separate side entrance to the bonus space provides access to a large room with vaulted ceilings and a luxurious bathroom, offering privacy and comfort.Inside the main area, you'll find three spacious bedrooms and an elegantly upgraded bathroom with a natural stone shower enclosure and a modern vanity. The living room showcases beautiful natural wood flooring, while the bedrooms offer updated carpeting for added comfort. The kitchen is tastefully updated with white quartz countertops and a stylish backsplash, blending beauty with functionality. The home also features updated windows, adding to its appeal.The large, spacious lot offers a backyard with alley access and room for RV parking, either in the front or back yard. The detached two-car garage is a versatile space with enormous potential to be converted into a separate living quarter or ADU (Accessory Dwelling Unit).The front yard is generously sized, offering a wide driveway for ample parking. This home has so much to offer in terms of space and potential! Located within walking distance to schools and shopping, and just a short drive to Oxnard's scenic beaches, this home is perfectly positioned for convenient access to the freeway and all the area has to offer.Don't miss out on this exceptional opportunity to own a home with great potential in North Oxnard!

Condition Rating
Fair

Built in 1954, this home has received several cosmetic updates, including a 'tastefully updated' kitchen with quartz countertops and backsplash, 'elegantly upgraded' bathrooms with modern vanities and natural stone/tile, updated carpeting, natural wood flooring, and updated windows. However, the property lacks central air conditioning, and there's no mention of recent upgrades to major systems like electrical or plumbing, which are common concerns for a home of this age. While the updates make it move-in ready, the age of the core structure and systems, coupled with the absence of central AC, suggests it falls into the 'Fair' category, indicating it's maintained but may require future investments in major components or minor updates beyond the cosmetic.
Pros & Cons

Pros

Income-Generating Potential: The property features a bonus living area with a private, highly upgraded bathroom and separate entrance, offering immediate rental income or multi-generational living options.
ADU Conversion Opportunity: A detached two-car garage presents significant potential for conversion into an Accessory Dwelling Unit (ADU), adding substantial value and further income possibilities.
Tastefully Updated Interiors: Key areas like the kitchen (white quartz countertops, stylish backsplash), main bathroom (natural stone shower, modern vanity), and living room (natural wood flooring) have been tastefully updated.
Spacious Lot & Ample Parking: The large, spacious lot includes a backyard with alley access and room for RV parking, complemented by a wide driveway in the front for extensive additional parking.
Convenient North Oxnard Location: Situated in a well-established neighborhood, the home offers walking distance to schools and shopping, and a short drive to Oxnard's scenic beaches and freeway access.

Cons

Significant Overpricing: The current list price of $840,000 is considerably higher than the estimated property value of approximately $483,389, suggesting a potential overvaluation that could impact marketability.
Age-Related System Concerns: Built in 1954, while cosmetic updates are present, the property may have older core systems (e.g., plumbing, electrical, HVAC) that could require future investment or maintenance, as no comprehensive system upgrades are detailed.
Absence of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant disadvantage and comfort concern during warmer months in California.

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