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387 389 Highland Drive, Oxnard, California 93035, Oxnard, 93035 - bed, bath

387 389 Highland Drive, Oxnard, California 93035 home-pic-0
ACTIVE UNDER CONTRACT$1,050,000
387 389 Highland Drive, Oxnard, California 93035
0Bed
0Bath
2,000Sqft
2,613Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: High School: Rancho Campana High (9/10).
Top Cons:
Shared Water Meter: The presence of only one shared water meter for both units could complicate utility billing arrangements between tenants or necessitate the landlord covering water costs.

Compared to the nearby listings

Price:$1.05M vs avg $1.25M ($-195,000)50%
Size:2,000 sqft vs avg 2,056 sqft50%
Price/sqft:$525 vs avg $60350%

More Insights

Built in 1953 (72 years old).
Condition: The property, built in 1953, has received recent cosmetic updates including new interior/exterior paint, carpeting, gas ranges/ovens, and roofs, making it move-in ready. The kitchens feature new cabinets and appliances, but with basic laminate countertops. Bathrooms are clean and functional but show signs of being outdated with older tile and basic fixtures. Crucially, the underlying infrastructure and major systems (e.g., plumbing, electrical, heating via wall units) are 71 years old, indicating they are functional but outdated and may require significant updates or maintenance in the long term, aligning with the 'Fair' condition criteria.
Year Built
1953
Close
-
List price
$1.05M
Original List price
$1.09M
Price/Sqft
$525
HOA
-
Days on market
-
Sold On
-
MLS number
V1-32850
Home ConditionFair
Features
Deck
View-

About this home

Coastal Duplex Retreat at Hollywood By The Sea!Welcome to your seaside escape, just a short stroll to the sand and surf at Silver Strand Beach and the scenic Channel Islands Harbor. This wonderful beach duplex sits on a large corner lot, perfectly positioned to capture natural light and refreshing ocean breezes through its beautiful wrap-around windows -- creating a bright, airy coastal ambiance throughout.Each unit offers an open floor plan with 2 bedrooms and 1 bathroom, ideal for relaxed beach living. The lower unit includes a connected 1-car garage, while an additional 2-car garage provides extra parking or storage for all your surfboards, bikes, and beach gear.Recently refreshed inside and out with new interior and exterior paint, new tropical-style blinds, new carpeting, new gas range/ovens, and new roofs on both the duplex and garage, this property is move-in ready so you can spend your time soaking up the coastal lifestyle.Property is vacant, allowing monthly rents to be at today's market rates, estimated to be between $2550 and $2750, however rents are not guaranteed.There also might be ADU potential to add a third unit by converting the 2-car garage into an ADU, however this is not guaranteed.Property features 2 separate gas meters, 2 separate electrical meters and 1 shared water meter.Whether you're looking for a vacation getaway, an income beach rental, or the perfect setup to live in one unit and rent the other, this property offers endless opportunity.Step outside and enjoy surfing, paddle boarding, biking, sailing, and stunning sunsets along the shore and harbor. This is truly one of the best values along Ventura County's Gold Coast -- where the charm of beachside living meets smart investment potential. Stake your claim and begin your legacy at Silver Strand Beach!

Nearby schools

7/10
Hollywood Beach Elementary School
Public,•K-6•1.4mi
4/10
Hueneme High School
Public,•9-12•2.5mi
5/10
Oxnard High School
Public,•9-12•4.2mi
9/10
Rancho Campana High
Public,•9-12•12.7mi
Condition Rating
Fair
The property, built in 1953, has received recent cosmetic updates including new interior/exterior paint, carpeting, gas ranges/ovens, and roofs, making it move-in ready. The kitchens feature new cabinets and appliances, but with basic laminate countertops. Bathrooms are clean and functional but show signs of being outdated with older tile and basic fixtures. Crucially, the underlying infrastructure and major systems (e.g., plumbing, electrical, heating via wall units) are 71 years old, indicating they are functional but outdated and may require significant updates or maintenance in the long term, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Great Schools: High School: Rancho Campana High (9/10).
Prime Coastal Location: The property is ideally situated just a short stroll from Silver Strand Beach and the Channel Islands Harbor, offering a highly desirable beachside lifestyle and strong appeal for both residents and renters.
Turnkey Condition & Recent Renovations: Extensive recent updates, including new interior/exterior paint, blinds, carpeting, gas ranges/ovens, and new roofs, make the property move-in ready and minimize immediate capital expenditures for a new owner.
Income-Generating Duplex: As a duplex with two 2-bedroom, 1-bathroom units, it offers immediate income potential, flexibility for owner-occupancy with rental income, or as a dedicated investment property.
ADU Potential for Value-Add: The possibility of converting the 2-car garage into an Accessory Dwelling Unit (ADU) presents a significant opportunity to increase property value and rental income in the future.
Separate Utility Metering: The property benefits from two separate gas meters and two separate electrical meters, simplifying tenant billing and management for individual units.

Cons

Shared Water Meter: The presence of only one shared water meter for both units could complicate utility billing arrangements between tenants or necessitate the landlord covering water costs.
Older Property Age: Built in 1953, despite recent cosmetic renovations, the underlying infrastructure and systems of the property are 70 years old, which may lead to unforeseen maintenance or upgrade requirements in the long term.
Uncertainty of ADU Approval & Rental Guarantees: The description explicitly states that ADU potential and estimated market rents are 'not guaranteed,' introducing an element of risk and uncertainty for investment projections and future development.

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