729 Ivywood Drive, Oxnard, California 93030, Oxnard, 93030 - 0 bed, 0 bath
Loading property details...
Oxnard, California 93030
This Park-Front Triplex is a Strong Value Opportunity, listed at $1,200,000—positioned well below the $1,304,071 Fair Market Value by 7%. This valuation gap offers $104,071 in Instant Equity for incoming owners. The property maintains a Condition Rating of 3, featuring stone countertops, laminate flooring, and private one-car garages for each unit. Directly facing a lush greenbelt, it offers high tenant desirability and proximity to Rancho Campana High. This asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey coastal investment.
Property is move-in ready.
Although built in 1966, the property is in move-in ready condition with clear evidence of updates. The kitchens feature modern stone countertops and updated cabinetry, while the living areas have been upgraded with contemporary laminate flooring. The bathrooms appear well-maintained with updated vanities. The property shows minimal wear and tear, suggesting consistent professional management and regular upkeep, making it a turnkey investment.
High School: Rancho Campana High (9/10).
Situated directly across from a tree-lined park and minutes from Oxnard beaches, the property offers high tenant desirability and scenic greenbelt views.
Each unit features a highly rentable 2-bedroom, 2-bathroom layout equipped with private garages, gas fireplaces, and individual patios or balconies.
Originally built in 1966, the property may necessitate higher long-term reserves for the maintenance or replacement of aging structural and mechanical systems.
The immediate area's elementary and middle schools carry low performance ratings (2-3/10), which may impact appeal for families prioritizing education.
Park Front Triplex. This well-located 3-unit income property is set directly across from a tree-lined park and just minutes to Oxnard beaches. Built in 1966, the property offers approximately 3,818 square feet on a 6,098 square foot lot. Each of the three units features a highly rentable 2 bed / 2 bath layout, a gas brick fireplace, private patio or balcony, and a one-car garage -- amenities that help attract and retain quality tenants. The property is fully occupied with established tenants and professional management in place. Current NOI is $43,626 with $67,788 in annual scheduled rent. A shared coin-operated laundry provides additional income and convenience.The park-front setting offers open views of mature trees and walkability, meaningful advantages that support tenant satisfaction. Conveniently located near schools, shopping, commuter routes, and just a short drive to the Oxnard beaches, the property benefits from consistent demand in Ventura County's coastal market. Ideal for a beginning or move-up investor looking to grow their portfolio with a manageable 3-unit property, this asset offers the opportunity to step into immediate income while building long-term equity in a popular coastal market. With dependable cash flow in place and room for rent alignment over time, 729-733 Ivywood provides both confidence today and potential for the years ahead.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-8 • 0.3 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,818 | 3,609 | 50% |
| Lot Size | 6,098 | 7,084.5 | 17% |
| Price | $1.20M | $1.19M | 50% |
| Price per sq ft | $314 | $353 | 50% |
| Built year | 1966 | 1957 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 55 | 33% |
Feb 28, 2026
$1,200,000
Initial Listing
Apr 4, 2008
$645,000
Public Record
Oct 4, 2005
$705,000
Public Record