448 Palm Drive, Oxnard, California 93030, Oxnard, 93030 - 2 bed, 1 bath
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Oxnard, California 93030
This property presents a High-Potential Investment Opportunity with a List Price of $675,000—positioned well above the $651,471 Fair Market Value by 3%. While the home carries a Condition Rating of 4, its R2-zoned lot and RV parking provide significant utility for future development. The property offers a classic 1929 footprint with modern window upgrades, serving as a strategic asset for those prioritizing land value over interior square footage. This is an ideal acquisition for Buy-and-Hold Investors or Contractors focused on long-term development potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 448 Palm Drive Subject | $675,000* List Price | 2 | 1 | 1,055 | $640 | - |
A 653 S G Street Sold | $730,000 | 2 | 1 | 1,232 | $593 | 0.7 mi |
B 653 S G Street Sold | $700,000 | 2 | 1 | 1,232 | $568 | 0.7 mi |
C 1201 W Beverly Drive Sold | $755,000 | 3 | 2 | 1,285 | $588 | 0.5 mi |
D 550 S G Street Sold | $744,000 | 2 | 1 | 1,245 | $598 | 0.6 mi |
E 255 Douglas Avenue Sold | $700,000 | 2 | 1 | 1,271 | $551 | 0.3 mi |
F 450 W Roderick Avenue Sold | $660,000 | 3 | 2 | 1,260 | $524 | 0.3 mi |
G 425 W 1st Street Active | $650,000 List Price | 2 | 2 | 1,203 | $540 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1929, this 95-year-old property is significantly aged. While the exterior shows upgraded windows, the lack of mentioned updates to the kitchen, bathroom, or major systems (HVAC/Electric) suggests a dated interior. The listing's heavy emphasis on the R2-zoned lot and ADU potential indicates the home is functional but primarily valued for its land and future development possibilities.
The R2-zoned, extra-large lot offers significant opportunity for expansion, an ADU, or multi-unit development, providing excellent long-term value.
The inclusion of upgraded windows and dedicated RV parking adds immediate utility and modern convenience to this classic 1929 residence.
Situated on a quiet street in a desirable North Oxnard neighborhood, the property is ideally located near schools, parks, and everyday conveniences.
With only 2 bedrooms and 1 bathroom across 1,055 square feet, the interior footprint may be restrictive for larger families or those needing a home office.
Built in 1929, the home may require ongoing maintenance or updates to aging systems and structural components typical of century-old properties.
Charming 2-bedroom, 1-bath home situated on an extra-large R2-zoned lot with RV parking and plenty of room for future possibilities. This cozy residence features upgraded windows, a warm and inviting fireplace, and classic character throughout. Located on a quiet street close to schools, parks, and everyday conveniences. The expansive lot offers potential for expansion, an ADU, additional parking, or outdoor entertaining. A rare opportunity to own a property with space, flexibility, and long-term potential in a desirable North Oxnard neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,055 | 1,821 |
| Lot Size | 6,969 | 5,662 |
| Price | $675.0K | $837.2K |
| Price per sq ft | $640 | $531 |
| Built year | 1929 | 1980 |
| HOA | $0 | $112 |
| Days on market | 35 | 51 |
Jun 17, 2026
$675,000
Initial Listing