2454 Manzanita Drive, Oxnard, California 93033, Oxnard, 93033 - 2 bed, 3 bath
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2454 Manzanita Drive
Oxnard, California 93033
ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
3Baths
1,121Sq Ft
0Lot Size
Property Price
LIST PRICE$475,000
EST. MARKET VALUE
$451,474
5% AboveMARKET VALUE
SUMMARY
This 2-bedroom condo presents a High-Potential Investment Opportunity, listed at $475,000—positioned well below the $450,495 Fair Market Value by -5%. Featuring a Fair Condition Rating, the property offers a value-add scenario for buyers ready to address flooring and cosmetic updates. With a gated community setting, swimming pool, and attached 2-car garage, it provides rare storage and convenience. Proximity to Rancho Campana High (9/10) adds long-term appeal. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic renovations.
Estimated Market Value
$451,474
Based on Realkey algorithm analyzing recent comparable sales in Oxnard.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1980, this property is over 40 years old and shows a mix of partial updates and original features. While the kitchen has been refreshed with stone countertops, it retains dated oak cabinetry and older black appliances. The interior features fresh paint, but the carpets are heavily stained and require immediate replacement, and the presence of popcorn ceilings and weathered exterior decking indicates a need for further cosmetic modernization and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Rancho Campana High (9/10).
- Community Convenience
The property is located in a gated community featuring a private access gate that leads directly to a neighboring shopping center, offering exceptional walkability to groceries and dining.
- Recent Interior Upgrades
With fresh interior paint and a recently upgraded kitchen already completed, the home provides a modern foundation that reduces the immediate need for major renovations.
CONSRISKS & DEFICIENCIES
- Immediate Flooring Needs
The home requires new flooring to be installed by the buyer, representing an immediate out-of-pocket expense and effort required to finish the interior space.
- Market Stagnation
Having spent 42 days on the market with a recent price reduction, the property may face challenges in perceived value or demand within the current local market climate.
About 2454 Manzanita Drive
Welcome to this 2-bedroom, 2.5-bath condo in the desirable Manzanita Park gated community with low HOA!Inside, you'll find fresh interior paint, an upgraded kitchen, and a cozy gas fireplace, along with a custom staircase banister. The spacious primary suite features a walk-in closet, and plenty of storage throughout the home, including pull-down attic access in the garage. An attached 2-car garage provides additional storage and everyday convenience.The gated community offers a swimming pool, spa, and the added convenience of a private access gate that leads directly to the neighboring shopping center, making it easy to walk to grocery stores, restaurants, and other everyday essentials.With fresh paint already completed and the kitchen updated, this home offers a great opportunity to make a few finishing touches-like new flooring-to match your personal style. Schedule a showing today!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350.0 / Month
Neighborhood Insights
Oxnard Unified Schools
Richard B. Haydock Intermediate School
Grades 6-8 • 0.8 mi
3/10
Kamala Elementary School
Grades K-8 • 1.2 mi
3/10
Oxnard High School
Grades 9-12 • 3.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,121 | 1,293.294 |
| Lot Size | - | 2,124.706 |
| Price | $475.0K | $632.1K |
| Price per sq ft | $424 | $476 |
| Built year | 1980 | 1985 |
| HOA | $350.0 | $557 |
| Days on market | 79 | 71 |
Pricing History
Listed for Sale
Sep 15, 2026
$475,000
$489,000
-3% Price Drop
Initial Listing
Price Change
Aug 6, 2026
$489,000
Initial Listing
Sold
May 4, 2001
$160,000
Public Record