530 S G Street, Oxnard, California 93030, Oxnard, 93030 - bed, bath
ACTIVE$875,000
530 S G Street, Oxnard, California 93030
0Bed
0Bath
1,708Sqft
6,534Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is an 'excellent, well performing duplex' offering immediate rental income, solid, predictable cash flow, and rental upside, making it an attractive investment.
Top Cons:
Age of Construction: Built in 1949, the property may have older systems (plumbing, electrical, HVAC) and structural components that could require significant maintenance or costly upgrades in the near future.
Compared to the nearby listings
Price:$875.0K vs avg $914.0K ($-39,000)50%
Size:1,708 sqft vs avg 2,370.5 sqft50%
Price/sqft:$512 vs avg $41350%
More Insights
Built in 1949 (76 years old).
Condition: The property, built in 1949, shows significant signs of age and deferred aesthetic maintenance. The kitchen features highly dated tiled countertops, older white appliances, and basic, likely original or very old, white cabinets. The flooring in the kitchen and living areas (older carpet) also appears dated. The presence of a wall-mounted gas heater suggests a lack of central HVAC, which is a major system deficiency. While the property is functional and occupied by long-term tenants, it requires substantial rehabilitation, particularly a full kitchen renovation and likely a bathroom renovation (not pictured but inferred from kitchen condition), and a major system upgrade for heating/cooling to meet modern living standards. This aligns with the 'Poor' condition criteria.
Year Built
1949
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$512
HOA
-
Days on market
-
Sold On
-
MLS number
V1-33020
Home ConditionPoor
Features
View-
About this home
Excellent, well performing duplex in the established Hobson Park East neighborhood of Oxnard. Each spacious unit contains 2 bedrooms and 1 bathroom in approximately 850 square feet. The property's desirable location puts the tenants minutes from Oxnard's wide sandy beaches, Channel Islands Harbor and Seabridge Marina and close to shopping, entertainment, parks and schools. The professionally managed building's longtime tenants and low turnover demonstrate the appeal of both the location and property to current and future prospects, making 530 South G is a smart investment with solid, predictable cash flow and rental upside.
Nearby schools
3/10
Driffill Elementary School
Public,•K-8•0.4mi
3/10
Richard B. Haydock Intermediate School
Public,•6-8•0.7mi
4/10
Pacifica High School
Public,•9-12•1.7mi
9/10
Rancho Campana High
Public,•9-12•9.9mi
Condition Rating
Poor
The property, built in 1949, shows significant signs of age and deferred aesthetic maintenance. The kitchen features highly dated tiled countertops, older white appliances, and basic, likely original or very old, white cabinets. The flooring in the kitchen and living areas (older carpet) also appears dated. The presence of a wall-mounted gas heater suggests a lack of central HVAC, which is a major system deficiency. While the property is functional and occupied by long-term tenants, it requires substantial rehabilitation, particularly a full kitchen renovation and likely a bathroom renovation (not pictured but inferred from kitchen condition), and a major system upgrade for heating/cooling to meet modern living standards. This aligns with the 'Poor' condition criteria.
Pros & Cons
Pros
Income-Generating Duplex: The property is an 'excellent, well performing duplex' offering immediate rental income, solid, predictable cash flow, and rental upside, making it an attractive investment.
Desirable Coastal-Adjacent Location: Strategically located minutes from Oxnard's wide sandy beaches, Channel Islands Harbor, and Seabridge Marina, enhancing its appeal to tenants and potential for appreciation.
Established Neighborhood: Situated in the 'established Hobson Park East neighborhood,' which typically implies stability, good infrastructure, and consistent tenant demand.
Stable Tenancy & Management: The professionally managed building boasts 'longtime tenants and low turnover,' indicating tenant satisfaction and minimizing vacancy risks for investors.
Proximity to Amenities: Conveniently close to shopping, entertainment, parks, and schools, adding to its desirability for residents.
Cons
Age of Construction: Built in 1949, the property may have older systems (plumbing, electrical, HVAC) and structural components that could require significant maintenance or costly upgrades in the near future.
Lack of Modern Updates (Implied): The description does not mention any recent renovations or modern amenities, suggesting the interiors and fixtures might be dated, potentially limiting rental premium or requiring capital expenditure for modernization.
Absence of Premium Views: The property explicitly states 'view: None,' which means it lacks a desirable feature that could command higher rental rates or significantly boost resale value compared to properties with scenic views.