Renovation Duplex with ADU
648 Palm Drive Oxnard, CA 93030
New
648 Palm Drive, Oxnard, CA, 93030
$750,000
For Sale
$750,000
DUPLEX - Oxnard, CA
Property Size1,706 SF
Lot Size0.16 Acres
Price / SF$439.62
Days on Market7
Property Features for 648 Palm Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 2
- Parking features
- Garage
- Fireplace
- 1
- Standard status
- Active
- APN
- 2000312020
- Size
- 1,706 SF
- Lot size
- 0.16 Acres
Utilities
- Heating system
- Wall Furnace
Building Details
- Year built
- 1949
- Floors in Building
- 1
- Flooring type
- Hardwood, Linoleum
Listing agency
Real Brokerage Technologies
(855) 450-0442
Listed by
Sheryl Lynn Johnson · License #01446902
(855) 450-0442
Added: Jul 15 Updated: Jul 21 at 5:21PM Checked: Jul 21 at 6:06PM
MLS# 226003368
Copyright © 2026 Conejo Simi Moorpark Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale duplex property includes a 1949 main residence with two bedrooms and one bathroom, an attached one-bedroom, one-bathroom ADU, and an additional studio-style structure with a half bathroom and fireplace. A detached two-car garage is also on site. The main house is built on a raised foundation and features original hardwood floors, and the property is being sold in its present condition.
The property sits on a 6,969-square-foot lot in North Oxnard. Public records indicate approximately 1,706 square feet of living space. The property is zoned for duplex use.
The main residence requires extensive renovation, including a new roof and fascia repairs, along with significant interior and exterior improvements. Buyers are advised to independently verify square footage, zoning, permits, allowable uses, condition, and all other property details.
The property sits on a 6,969-square-foot lot in North Oxnard. Public records indicate approximately 1,706 square feet of living space. The property is zoned for duplex use.
The main residence requires extensive renovation, including a new roof and fascia repairs, along with significant interior and exterior improvements. Buyers are advised to independently verify square footage, zoning, permits, allowable uses, condition, and all other property details.
Key Highlights
- Priced at $750,000 with a 6,969‑SF lot in North Oxnard.
- Zoned for duplex use and set up with multiple structures: 1949 main residence plus an ADU and a studio‑style building.
- Main house (built in 1949) offers 2 bedrooms and 1 bathroom, built on a raised foundation with original hardwood floors.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.1k | $27.00 |
| − Vacancy | −$2.4k | −$1.40 |
| EGI | $43.7k | $25.60 |
| − OpEx | −$13.1k | −$7.68 |
| NOI | $30.6k | $17.92 |
1,706 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$436.7K
$382.1K – $509.5K
NOI $30,567 @ 7.0% cap · market cap 4.08%
Second Best
Apartment 5plus
$390.9K
$342.0K – $456.1K
NOI $27,363 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$556.8K
$487.2K – $649.6K
NOI $38,975 @ 7.0% cap · market cap 5.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - For sale in Oxnard, this duplex property includes a main residence, ADU, detached garage, and additional studio structure.
Where is this duplex located?
The property is located at 648 Palm Drive Oxnard, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Priced at $750,000 with a 6,969‑SF lot in North Oxnard.; Zoned for duplex use and set up with multiple structures: 1949 main residence plus an ADU and a studio‑style building.; Main house (built in 1949) offers 2 bedrooms and 1 bathroom, built on a raised foundation with original hardwood floors.
