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2516 Roosevelt Boulevard, Oxnard, California 93035, Oxnard, 93035 - 3 bed, 2 bath

2516 Roosevelt Boulevard, Oxnard, California 93035 home-pic-0
ACTIVE$1,175,000
2516 Roosevelt Boulevard, Oxnard, California 93035
3Beds
2Baths
1,606Sqft
2,380Lot

Price Vs. Estimate

The estimated value ($1,175,000) is $0 (0%) lower than the list price ($1,175,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: High School: Rancho Campana High (9/10).
Top Cons:
Significant Price Reductions: The listing history shows multiple price drops from an original $1.35M to $1.175M, which may indicate overpricing or difficulty attracting buyers at previous price points.

Compared to the nearby listings

Price:$1.18M vs avg $1.26M ($-85,000)48%
Size:1,606 sqft vs avg 1,720 sqft41%
Price/sqft:$732 vs avg $68653%

More Insights

Built in 1980 (45 years old).
Condition: Despite being built in 1980, the property has undergone extensive and recent renovations, particularly in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, light countertops, subway tile backsplash, and new stainless steel appliances (French door refrigerator, gas range with hood). Both bathrooms are beautifully updated with modern floating vanities, contemporary fixtures, large format tile flooring, and subway tile in the showers/tubs. Throughout the residential areas, there is updated wood-look flooring and clean carpeting, along with recessed lighting, indicating a comprehensive and high-quality renovation within the last 5 years. All visible components appear virtually new and meet current quality standards, with no signs of deferred maintenance.
Year Built
1980
Close
-
List price
$1.18M
Original List price
$1.35M
Price/Sqft
$732
HOA
-
Days on market
-
Sold On
-
MLS number
V1-28102
Home ConditionExcellent
Features
Excellent View: Coastline, Harbor, Ocean
ViewCoastline, Harbor, Ocean

About this home

Experience the ultimate live-work lifestyle in this one-of-a-kind, iconic building in the heart of Silver Strand Beach near restaurants, shops and the local market. This property offers a unique blend of residential luxury and professional practicality. The top two floor feature two expansive bedrooms, two beautifully designed and recently updated bathrooms and a complete kitchen, perfect for comfortable living. There is also a large balcony overlooking the harbor and downtown area. The first floor is ideal for office or other commercial use providing a professional setting right at your doorstep. There is available street parking and three parking spaces in the rear of the property for the owner. Wake up at your convenience, walk downstairs to work and enjoy the flexibility of managing your business from home. Save on commute costs and time while enjoying the stunning harbor views. Don't miss out on the opportunity to own this remarkable property that combines modern amenities with a prime location. With its unique design, high-end renovations, and convenient features, this property is truly a dream come true.

Nearby schools

7/10
Hollywood Beach Elementary School
Public,•K-6•1.2mi
4/10
Hueneme High School
Public,•9-12•2.7mi
5/10
Oxnard High School
Public,•9-12•4.1mi
9/10
Rancho Campana High
Public,•9-12•12.9mi
Condition Rating
Excellent
Despite being built in 1980, the property has undergone extensive and recent renovations, particularly in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, light countertops, subway tile backsplash, and new stainless steel appliances (French door refrigerator, gas range with hood). Both bathrooms are beautifully updated with modern floating vanities, contemporary fixtures, large format tile flooring, and subway tile in the showers/tubs. Throughout the residential areas, there is updated wood-look flooring and clean carpeting, along with recessed lighting, indicating a comprehensive and high-quality renovation within the last 5 years. All visible components appear virtually new and meet current quality standards, with no signs of deferred maintenance.
Pros & Cons

Pros

Great Schools: High School: Rancho Campana High (9/10).
Unique Live-Work Opportunity: The property is explicitly designed for a 'live-work lifestyle' with a dedicated first floor for commercial use and residential luxury on the upper floors, offering significant flexibility and cost savings.
Prime Coastal Location: Situated 'in the heart of Silver Strand Beach near restaurants, shops and the local market,' indicating high desirability and convenience for both living and business.
Stunning Harbor and Ocean Views: Features a 'large balcony overlooking the harbor and downtown area' and explicitly lists 'Coastline, Harbor, Ocean' views, enhancing lifestyle and property value.
Recently Updated Interiors: The residential portion boasts 'beautifully designed and recently updated bathrooms and a complete kitchen,' suggesting modern amenities and reduced immediate renovation needs.
Dedicated Parking: Offers 'three parking spaces in the rear of the property for the owner' in addition to available street parking, a valuable asset in a beach community.

Cons

Significant Price Reductions: The listing history shows multiple price drops from an original $1.35M to $1.175M, which may indicate overpricing or difficulty attracting buyers at previous price points.
Ambiguous Property Classification: The property is listed as a 'Single Family Residence' but explicitly promotes a 'live-work' setup with commercial use on the first floor, which could lead to challenges with zoning, financing, or insurance.
Limited Residential Space: While offering a unique live-work setup, the residential portion is described as having 'two expansive bedrooms' (despite 3 beds in data), which might be considered limited for some families, especially given the overall square footage of 1606 sqft for both residential and commercial use.

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