4511 Terrace Avenue, Oxnard, California 93033, Oxnard, 93033 - 0 bed, 0 bath
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4511 Terrace Avenue
Oxnard, California 93033
ACTIVE UNDER CONTRACT
CONDITION: GOOD
0Beds
0Baths
3,624Sq Ft
7,840Lot Size
Property Price
LIST PRICE$1,295,000
SUMMARY
Analysis of 4511 Terrace Avenue, Oxnard, California 93033 is currently available with a list price of $1,295,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Oxnard Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the structure dates to 1974, the property has undergone systematic renovations. All four units feature updated kitchens and bathrooms with stone countertops, new windows, and a mix of LVT and tile flooring completed between 2015 and 2024. The exterior has fresh paint and a clear termite report, indicating a well-maintained, move-in ready investment.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Rancho Campana High (9/10).
- Turnkey Investment Condition
The property features significant recent improvements including a clear termite report, new exterior paint, and modernized interiors with updated kitchens, bathrooms, and dual-pane windows across all units.
- Diverse Unit Mix and Amenities
The building offers a versatile mix of 1, 2, and 3-bedroom units, complemented by high-demand amenities such as private yards and garages, which enhances tenant retention and rental value.
CONSRISKS & DEFICIENCIES
- Low Local School Ratings
The property is served by schools with lower performance ratings, specifically a 2/10 for the elementary school, which may limit appeal for families and impact long-term appreciation potential.
- Building Age and Maintenance
Constructed in 1974, the 50-year-old structure may require ongoing oversight and maintenance of original major systems, such as plumbing and electrical, despite the recent cosmetic and window upgrades.
About 4511 Terrace Avenue
Fully leased Quadriplex Opportunity Awaits. Unit mix includes 1 x 3BR/2BA, 2 x 2BR/1BA and 1 x 1BR/1BA. Recent improvements include a clear termite report and new exterior paint. Substantial upgrades have also been made to the interior of each unit. Other building highlights include garages, private yard space, and garages. Unit 4511- 04/2024- 3bed/2bath- updated kitchen, updated bathrooms, LVT flooring, new windows, private yardUnit 4513- 12/2017- 2bed/1bath- tile floors, updated kitchen, new windows, private yardUnit 4515- 07/2015- 2bed/1bath- tile floors, updated kitchen, new windows, private yardUpstairs unit 4517- 04/2026 - 1bedroom, 1bath unit with fresh paint, dual-pane windows, tile floors, upgraded kitchen with stone counters, and updated bathroom.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1974
- Lot Size
- 7,840 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oxnard Unified Schools
Fred L. Williams Elementary School
Grades K-5 • 0.2 mi
2/10
Channel Islands High School
Grades 9-12 • 0.9 mi
4/10
Rancho Campana High
Grades 9-12 • 10.1 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,624 | 2,282.667 |
| Lot Size | 7,840 | 5,395.667 |
| Price | $1.29M | $983.1K |
| Price per sq ft | $357 | $441 |
| Built year | 1974 | 1969 |
| HOA | $0 | $0 |
| Days on market | 26 | 67 |
Pricing History
Listed for Sale
Aug 14, 2026
$1,295,000
Initial Listing
Sold
Dec 22, 2011
$540,000
Public Record
Sold
Nov 20, 2008
$472,500
Public Record
Sold
May 11, 2005
$877,000
Public Record