2923 Kelp Lane, Oxnard, California 93035, Oxnard, 93035 - 2 bed, 2 bath
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Oxnard, California 93035
This Coastal Condominium in the Mandalay Beach community is listed at $519,000, representing a market-aligned entry point near its $490,226 Fair Market Value. Maintaining a Condition Rating of 4, the home is move-in ready yet provides a clear value-add opportunity through cosmetic modernization of the kitchen and bathrooms. Lifestyle perks include a Private Patio, resort-style community amenities, and proximity to the 9/10 Rancho Campana High. This versatile asset is perfectly suited for Owner-Occupants looking to build coastal equity or Buy-and-Hold Investors seeking a stable rental.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2923 Kelp Lane Subject | $519,000* List Price | 2 | 2 | 1,051 | $466 | - |
A 3215 Kelp Lane Sold | $518,000 | 2 | 2 | 1,051 | $493 | 0.2 mi |
B 3183 Kelp Ln Lane Sold | $525,000 | 2 | 2 | 1,051 | $500 | 0.2 mi |
C 3762 Via Pacifica Walk Sold | $595,000 | 2 | 2 | 1,110 | $536 | 0.7 mi |
D 3000 W Isle Way A Sold | $449,000 | 2 | 2 | 945 | $475 | 0.7 mi |
E 3601 Via Pacifica Walk Sold | $550,000 | 2 | 2 | 1,217 | $452 | 0.6 mi |
F 3191 Kelp Lane Sold | $569,000 | 3 | 2 | 1,364 | $417 | 0.2 mi |
G 2213 Miramar Walk 2213 Active | $495,000 List Price | 3 | 2 | 1,189 | $416 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, this property is well-maintained and functional, but the kitchen and bathrooms are significantly outdated in style and features, including older appliances and laminate countertops. While the downstairs features wood laminate flooring and fresh paint, the upstairs carpet shows wear. It is move-in ready but requires minor updates and cosmetic renovations to modernize the interior.
High School: Rancho Campana High (9/10).
Situated minutes from Mandalay Beach, Channel Islands Harbor, shopping, dining, and coastal recreation, offering desirable Southern California beach living.
Residents benefit from resort-style amenities including a swimming pool, spa, tennis courts, and RV parking, enhancing lifestyle and property value.
The monthly association fee of $497.00 is relatively high and could be a significant ongoing cost, impacting affordability and investment returns.
Despite its coastal proximity, the property explicitly states 'None' for views, potentially limiting its appeal to buyers seeking ocean or harbor vistas.
Built in 1980 with 1,051 sqft, the interior may require modernization and offers a more compact living space, which could necessitate further investment for updates.
Welcome to 2923 Kelp Lane, located in the desirable Mandalay Beach Townhomes community of Oxnard. This two story condominium offers 2 bedrooms, 1 full bathroom, and 1 half bath across 1,051 square feet of well designed living space, making it an ideal opportunity for both owner occupants and investors alike.The main level features a comfortable living area that flows seamlessly into the dining space and kitchen, creating a functional layout for everyday living and entertaining. Sliding doors lead to a private patio, perfect for enjoying the coastal breeze, morning coffee, or casual outdoor gatherings. Upstairs, you will find two generously sized bedrooms with ample natural light and a full bathroom, while the half bath downstairs adds everyday convenience.This home has been used as a rental and presents a fantastic canvas for personalization or continued income potential. The Mandalay Beach Townhomes community is well known for its resort style amenities, including a swimming pool, spa, tennis courts, RV parking, and beautifully maintained grounds. Recent community updates include exterior improvements and roofing, adding to the long term value and appeal.Conveniently located just minutes from Mandalay Beach, Channel Islands Harbor, shopping, dining, and coastal recreation, this home offers the best of Southern California coastal living in a well established neighborhood. Whether you are looking for a beach area residence or an investment opportunity, 2923 Kelp Lane delivers comfort, location, and lifestyle.
No exterior & parking available.
Grades K-8 • 0.3 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,051 | 1,368 | 20% |
| Lot Size | 1,306 | - | 70% |
| Price | $519.0K | $807.5K | 10% |
| Price per sq ft | $494 | $566 | 28% |
| Built year | 1980 | 1985 | 33% |
| HOA | $497.0 | $690 | 30% |
| Days on market | 98 | 160 | 28% |
Jan 14, 2026
$519,000
Initial Listing