360 Melrose Drive, Oxnard, California 93035, Oxnard, 93035 - 3 bed, 2 bath
ACTIVE$1,149,000
360 Melrose Drive, Oxnard, California 93035
3Beds
2Baths
1,498Sqft
1,742Lot
Price Vs. Estimate
The estimated value ($1,050,881.88) is $98,118.12 (8%) lower than the list price ($1,149,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Coastal Location: The property boasts an exceptional location, being within walking distance to Silver Strand Beach, local restaurants, and Channel Islands Harbor, offering a highly desirable beach lifestyle.
Top Cons:
Potential for Further Interior Modernization: Described as 'waiting for your personal touches' and featuring a 'quaint kitchen,' indicating that while major updates are complete, some interior aesthetics or fixtures may still require modernization to meet contemporary buyer preferences.
Compared to the nearby listings
Price:$1.15M vs avg $1.26M ($-111,000)47%
Size:1,498 sqft vs avg 1,720 sqft34%
Price/sqft:$767 vs avg $68656%
More Insights
Built in 1977 (48 years old).
Condition: Built in 1977, this property has received significant recent updates including a new roof, new flooring throughout, and fresh interior and exterior paint, making it move-in ready. While the kitchen features dated white cabinets, basic appliances, and an outdated fluorescent light fixture, and the bathrooms are clean and functional but basic in style, these areas do not require immediate renovation for functionality. The major system updates (roof) and cosmetic refreshes (flooring, paint) align with the 'Good' criteria of being well-maintained with minimal wear and tear, even if some components are not fully modern.
Year Built
1977
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$767
HOA
-
Days on market
-
Sold On
-
MLS number
V1-32407
Home ConditionGood
Features
View-
About this home
First time on the market! Cute two story beach house waiting for your personal touches. Downstairs features a den/flex space with a private entrance and wet bar. Bedroom, bathroom, and laundry hook-ups.Upstairs living room with large balcony to enjoy coastal breezes and gorgeous sunsets. Cozy wood burning stove in corner of living room. Quaint kitchen open to living room. Full bathroom and two bedrooms upstairs as well.Fresh interior and exterior paint. New flooring. New roof. One car garage and plenty of parking in driveway.Walking distance to Silver Strand Beach, close nearby restaurants and Channel Islands Harbor.
Nearby schools
7/10
Hollywood Beach Elementary School
Public,•K-6•1.3mi
4/10
Hueneme High School
Public,•9-12•2.6mi
5/10
Oxnard High School
Public,•9-12•4.1mi
9/10
Rancho Campana High
Public,•9-12•12.7mi
Condition Rating
Good
Built in 1977, this property has received significant recent updates including a new roof, new flooring throughout, and fresh interior and exterior paint, making it move-in ready. While the kitchen features dated white cabinets, basic appliances, and an outdated fluorescent light fixture, and the bathrooms are clean and functional but basic in style, these areas do not require immediate renovation for functionality. The major system updates (roof) and cosmetic refreshes (flooring, paint) align with the 'Good' criteria of being well-maintained with minimal wear and tear, even if some components are not fully modern.
Pros & Cons
Pros
Prime Coastal Location: The property boasts an exceptional location, being within walking distance to Silver Strand Beach, local restaurants, and Channel Islands Harbor, offering a highly desirable beach lifestyle.
Significant Recent Upgrades: Recent renovations including fresh interior and exterior paint, new flooring, and a new roof provide a refreshed, move-in ready condition and reduce immediate maintenance concerns for a new owner.
Versatile Downstairs Living Space: The downstairs features a flexible den/flex space with a private entrance, wet bar, bedroom, bathroom, and laundry hook-ups, offering excellent potential for rental income, guest quarters, or a dedicated home office.
Outdoor Enjoyment & Views: An upstairs living room with a large balcony provides an ideal setting to enjoy coastal breezes and picturesque sunsets, enhancing the property's appeal for outdoor living.
Ample Parking: The property includes a one-car garage and generous driveway parking, a practical and valuable amenity in a beach community where parking can often be limited.
Cons
Potential for Further Interior Modernization: Described as 'waiting for your personal touches' and featuring a 'quaint kitchen,' indicating that while major updates are complete, some interior aesthetics or fixtures may still require modernization to meet contemporary buyer preferences.
Limited Outdoor Space: With a lot size of 1742 sqft, the property offers minimal yard space, which may be a drawback for buyers seeking larger outdoor living areas or extensive landscaping opportunities.
Absence of Central Cooling System: As a 1977 build in a coastal area, the property likely lacks a central air conditioning system, which could be a consideration for comfort during warmer periods, despite coastal breezes.