345 Melrose Drive, Oxnard, California 93035, Oxnard, 93035 - 2 bed, 1 bath

345 Melrose Drive, Oxnard, California 93035 home-pic-0

345 Melrose Drive

Oxnard, California 93035

ACTIVE
CONDITION: GOOD
2Beds
1Baths
860Sq Ft
2,178Lot Size

Property Price

LIST PRICE$980,000
EST. MARKET VALUE
$967,071

SUMMARY

Estimated Market Value

$967,071
Based on Realkey algorithm analyzing recent comparable sales in Oxnard.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
345 Melrose Drive
Subject
$980,000*
List Price
21860$1,125-
A
125 Santa Paula
Sold
$1,199,00022972$1,2340.4 mi
B
132 Ojai Avenue
Sold
$1,066,667211,071$9960.3 mi
C
125 Ventura Avenue
Sold
$1,000,000211,005$9950.4 mi
D
128 Fillmore Avenue
Sold
$975,00021950$1,0260.4 mi
E
129 Oxnard Avenue
Sold
$1,220,000321,026$1,1890.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Although built in 1952, this beach cottage is in move-in ready condition with significant modern upgrades. The property features an extensively renovated kitchen with custom maple cabinetry and granite countertops, high-quality oak hardwood flooring, vaulted ceilings, and updated double-pane windows. It is described as a turnkey investment or residence, showing pride of ownership and well-maintained systems that do not require immediate renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    High School: Rancho Campana High (9/10).

  • Rare Private Backyard

    Unlike most homes in this highly sought-after beach community, this property features a private, lushly landscaped backyard oasis, providing exceptional outdoor entertaining space.

  • Turnkey Investment Ready

    The home comes fully furnished with modern upgrades, including a remodeled kitchen and vaulted ceilings, making it an immediate 'lucrative' rental or move-in ready coastal retreat.

CONSRISKS & DEFICIENCIES

  • Limited Living Space

    At only 860 square feet with a single bathroom, the compact footprint may be restrictive for families or buyers seeking more functional indoor area.

  • High Price per Square Foot

    The listing price of $980,000 for a sub-900 sqft home represents a significant premium that may challenge appraisals or value-conscious buyers despite the prime location.

About 345 Melrose Drive

This dreamy beach cottage comes fully furnished, perfect for part-time or full-time living or as a very lucrative investment property.This 2 bedroom, 1 Bath has all the charm and character you could ever want in an inviting beach home. This gorgeous cottage features beautiful oak hardwood floors, a spacious upgraded kitchen and a lovely Malm fireplace adding to the cozy feel of this home.The bright and airy living room features vaulted ceilings, bigger double pane windows and plenty of natural light.The modern, upgraded kitchen features custom maple cabinets, granite counters, and very unique tiled floors. The spacious kitchen will take you by surprise with its open layout, perfect for hosting dinners with family and friends.While most of the homes in this highly sought after area do not feature backyard space, this beach beauty does! The backyard is an oasis of private, lush greenery, with plenty of room to entertain friends and enjoy everything beach living has to offer. Outdoor shower is plumbed just needing a few fixtures.Come see this cozy beach oasis and fall in love with everything Oxnard coastal living has to offer.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1952
Lot Size
2,178 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 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 • 1.3 mi

7/10

Hueneme High School

Grades 9-12 • 2.6 mi

4/10

Oxnard High School

Grades 9-12 • 4.1 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
13%
Baths1.02.0
6%
Square foot8601,785
3%
Lot Size2,1784,030
10%
Price$980.0K$1.05M
46%
Price per sq ft$1.1K$620
82%
Built year19521976
4%
HOA$0$0
50%
Days on market14155
3%

Pricing History

Listed for Sale

Feb 21, 2026

$980,000

Initial Listing

Sold

Apr 13, 2022

$940,000

Public Record

Sold

Jul 31, 2013

$487,000

Public Record

Sold

Oct 24, 2000

$254,000

Public Record

Browse Properties by State Browse housing market trends by state