
Oxnard, California 93035
This Waterfront Condominium serves as a strategic Value-Add Asset with a List Price of $425,000. Although positioned above the $350,590 Fair Market Value, the property’s Condition Rating of 4 and original 1974 interior offer a clear path for forced appreciation through modernization. The unit’s Exceptional Panoramic Views of the harbor and ocean provide a unique market advantage that justifies a renovation-led investment. Complemented by Resort-Style Amenities and despite high carrying costs, this property is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2901 Peninsula Road 333 Subject | $425,000* List Price | 1 | 1 | 681 | $527 | - |
A 2901 Peninsula Road 347 Active | $548,000 List Price | 1 | 1 | 737 | $744 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, the property is in mostly original condition and is explicitly marketed as a remodel opportunity. While functional and located in a building with well-maintained amenities, the interior features a dated kitchen with older appliances and laminate countertops, along with an outdated bathroom that shows significant age.
The unit boasts rare, panoramic vistas of the harbor, marina, and ocean, providing a premium coastal living experience from the private balcony.
Residents enjoy access to high-end community features, including two waterfront pools, a sauna, a gym, a tennis court, and a clubhouse.
As a property primed for a remodel, it offers a significant opportunity for investors or homeowners to build equity and customize the space to modern standards.
The association fee of $775 per month is relatively high for a one-bedroom unit, which may impact the overall affordability for some buyers.
Built in 1974 and marketed as a remodel opportunity, the property likely requires immediate capital expenditure to update the interior and systems.
This property offers magnificent, panoramic views of both the harbor and the ocean, complemented by a spacious balcony that overlooks the Marina.It is a wonderful opportunity for a remodel, allowing the owner to fully embrace coastal and resort-style living. The building features excellent amenities, including two waterfront pools, a sauna, a gym, a tennis court, and a clubhouse.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 8% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 681 | 1,368 | 5% |
| Lot Size | - | - | 50% |
| Price | $425.0K | $779.0K | 3% |
| Price per sq ft | $624 | $558 | 72% |
| Built year | 1974 | 1985 | 23% |
| HOA | $775.0 | $631 | 67% |
| Days on market | 89 | 162 | 13% |
Mar 17, 2026
$425,000
Initial Listing