2425 Panama Drive, Oxnard, California 93035, Oxnard, 93035 - 3 bed, 3 bath
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Oxnard, California 93035
This Turnkey Multi-Generational Residence is a High-Potential Investment Opportunity, listed at $1,399,000—positioned slightly above the $1,363,281 Fair Market Value. Despite the premium, the property offers a unique Income-Generating Guest Suite with a private entrance, perfect for supplemental revenue. Featuring a Turnkey Condition Rating with a remodeled kitchen, baths, and a Rooftop Deck, this home provides immediate lifestyle value. Its versatile layout is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking for a flexible, coastal living arrangement.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2425 Panama Drive Subject | $1,369,000* List Price | 3 | 3 | 2,424 | $559 | - |
A 2825 Panama Drive Sold | $1,230,000 | 3 | 3 | 2,166 | $568 | 0.2 mi |
B 292 Highland Drive Sold | $1,110,000 | 3 | 3 | 1,821 | $610 | 0.1 mi |
C 253 Melrose Drive Active Under Contract | $1,499,000 List Price | 4 | 3 | 2,056 | $729 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1988, the property is described as a beautifully remodeled, turnkey residence. It features a recently remodeled kitchen and bathrooms, new laminate wood flooring, vinyl windows, and plumbing improvements. The modern aesthetic and 'move-in ready' status indicate a comprehensive renovation likely completed within the last 5 years.
High School: Rancho Campana High (9/10).
The property features a private lower-level guest suite with its own separate entrance, kitchenette, full bathroom, and laundry, offering excellent potential for rental income or multi-generational living.
The home is completely move-in ready, boasting extensive modern upgrades including a remodeled kitchen and bathrooms, fresh exterior paint, vinyl windows, and plumbing improvements.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1742, living area = 2424.
With a lot size of only 1,742 square feet for a 2,424 square foot home, ground-level outdoor yard space is highly limited, resulting in close proximity to neighboring properties.
Discover the perfect blend of style, space, and flexibility in this beautifully remodeled, turnkey residence offering approximately 2,400 square feet of thoughtfully designed living space. Tasteful upgrades throughout, fresh exterior paint, Laminate wood flooring, vinyl windows, remodeled kitchen and bathrooms and plumbing improvements make this home truly move-in ready.The spacious floor plan is ideal for both everyday living and entertaining, while the rooftop deck provides the perfect setting to relax, soak up the coastal sunshine, or enjoy evening sunsets. A two-car garage adds convenience and ample storage.One of the home's most exceptional features is the private lower-level guest suite with its own separate entrance. Complete with a kitchenette, full bathroom, living area, laundry room, and private yard, this versatile space is ideal for extended family, guests, a home office, or supplemental income. It is currently rented for 30-day minimum stays, offering an excellent opportunity for buyers seeking additional revenue.Whether you're looking for a spacious primary residence, a multi generational home, or an investment opportunity with built-in income potential, 2425 Panama Drive offers an exceptional combination of comfort, versatility, and coastal lifestyle.
No exterior & parking available.
Grades K-6 • 1.3 mi
Grades 9-12 • 2.5 mi
Grades 9-12 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,424 | 1,821 |
| Lot Size | 1,742 | 5,662 |
| Price | $1.37M | $837.2K |
| Price per sq ft | $565 | $531 |
| Built year | 1988 | 1980 |
| HOA | $0 | $112 |
| Days on market | 27 | 51 |
Jul 11, 2026
$1,369,000
$1,399,000
-2% Price Drop
Initial Listing
Jun 25, 2026
$1,399,000
Initial Listing
Mar 16, 2022
$1,325,000
Public Record
Dec 30, 2020
$820,000
Public Record