2516 Roosevelt Boulevard, Oxnard, California 93035, Oxnard, 93035 - 3 bed, 2 bath
2516 Roosevelt Boulevard
Oxnard, California 93035
Property Price
SUMMARY
Analysis of 2516 Roosevelt Boulevard, Oxnard, California 93035 reveals a Fairly Priced Property with a current list price of $1,175,000 aligned with the estimated $1,175,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Oxnard Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2516 Roosevelt Boulevard Subject | $1,175,000* List Price | 3 | 2 | 1,606 | $732 | - |
A 276 Highland Drive Sold | $925,000 | 3 | 2 | 1,384 | $668 | 0.2 mi |
B 297 Highland Drive Sold | $1,000,000 | 3 | 2 | 1,457 | $686 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1980, the property has undergone extensive, high-end renovations as stated in the description and clearly visible in the images. The kitchen features modern white shaker cabinets, new stainless steel appliances, contemporary countertops, and a stylish backsplash. Both bathrooms are virtually new with modern vanities, fixtures, glass shower enclosures, and updated tiling. Flooring, lighting (recessed lights, modern ceiling fans), and paint throughout the residential areas are all current and in excellent condition, indicating a comprehensive renovation within the last 5 years. The property is move-in ready with no deferred maintenance visible.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Rancho Campana High (9/10).
- Unique Live-Work Opportunity
This property offers an exceptional live-work lifestyle, seamlessly blending residential luxury with professional practicality, ideal for entrepreneurs seeking to manage their business from home.
- Prime Coastal Location & Views
Situated in the heart of Silver Strand Beach, the property boasts stunning harbor, coastline, and ocean views from a large balcony, and is conveniently located near local restaurants, shops, and markets.
CONSRISKS & DEFICIENCIES
- Significant Price Reductions
The property has undergone multiple price reductions from its original list price of $1.35M to $1.175M, which may indicate initial overpricing or challenges in attracting buyers at higher valuations.
- Potential Zoning/Use Ambiguity
Despite being marketed as a live-work space with commercial use on the first floor, the property is listed as 'Residential' and 'Single Family Residence,' which may necessitate buyers to verify zoning compliance and commercial use permits.
- Building Age
Constructed in 1980, while recently updated, the underlying structure and potentially some systems are over 40 years old, which could imply future maintenance considerations or less energy efficiency compared to newer constructions.
About 2516 Roosevelt Boulevard
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 2,380 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oxnard Unified Schools
Hollywood Beach Elementary School
Grades K-6 • 1.2 mi
Hueneme High School
Grades 9-12 • 2.7 mi
Oxnard High School
Grades 9-12 • 4.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,606 | 1,785 | 37% |
| Lot Size | 2,380 | 4,030 | 10% |
| Price | $1.18M | $1.12M | 50% |
| Price per sq ft | $732 | $620 | 55% |
| Built year | 1980 | 1977 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 389 | 156 | 97% |
Pricing History
Listed for Sale
Oct 30, 2025
$1,175,000
$1,200,000
-2% Price Drop
Initial Listing
Price Change
Aug 12, 2025
$1,200,000
Initial Listing
Price Change
Feb 11, 2025
$1,350,000
Initial Listing