ActiveResidential · sale

2901 Peninsula Road 241

Oxnard, CA 93035

$499,999

  • 1 beds
  • 1 baths
  • 681 sq ft
  • Built 1974

Listed by Coldwell Banker Realty · MLS #SR26181451

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PROPERTY QUESTIONS & SHOWINGS

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2901 Peninsula Road 241, Oxnard, CA 93035 · MLS #SR26181451

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

Watch sailboats glide through the harbor from the comfort of your living room, bedroom and patio, or head outside to experience the boating, beaches, restaurants, and recreation that make this location such a special place to call home.

Year built

Built in 1974.

Garage parking

1 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

*** HUGE PRICE REDUCTION! *** ON THE WATER FOR THIS PRICE?!? Welcome to a front-row seat to one of the most spectacular coastal views in Ventura County. Three levels up, this exceptional residence enjoys sweeping, west-facing vistas across Channel Islands Harbor, Hollywood Beach, and the Pacific horizon. As evening approaches, the scenery becomes even more memorable, with brilliant sunsets visible from every room. White cabinetry, granite countertops, and an open-concept floor plan create a bright, relaxed coastal atmosphere equally suited to quiet weekends or entertaining friends. Watch sailboats glide through the harbor from the comfort of your living room, bedroom and patio, or head outside to experience the boating, beaches, restaurants, and recreation that make this location such a special place to call home. Beyond the residence itself, the community offers an impressive collection of resort-style amenities, including 3 swimming pools, a tennis court, saunas, spa, a full gym, an expansive, newly updated clubhouse, and inviting outdoor gathering areas with BBQs. Secure fob entry, elevator access, deeded parking with storage in an enclosed garage, ample guest parking, and laundry facilities on every floor add everyday convenience. The HOA dues provide exceptional value by covering your Marina Club membership, water, trash, sewer, insurance, maintenance, professional management, guest parking. Utilities stay low with the unit being situated on the "cooler" side of the building—making this a compelling opportunity to enjoy a waterfront lifestyle and extensive amenities at a fraction of the cost of many surrounding coastal properties. Ideally situated along the Southern California coast between Malibu and Santa Barbara, this Channel Islands Harbor unit offers the unique combination of remarkable views, resort-style living, and outstanding value. It also presents an appealing opportunity for those seeking a coastal getaway with investment potential. An extraordinary view, an exceptional lifestyle, and a place you’ll never want to leave. [See supplements regarding the small monthly ground lease fee included in the HOA]

THE NEIGHBORHOOD

Explore the location.

2901 Peninsula Road 241, Oxnard, CA 93035

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1974
Full baths
0
Half baths
0
Garage spaces
1
Cooling
None
Heating
Electric
Appliances
Dishwasher,ElectricCooktop,ElectricOven,ElectricRange,ElectricWaterHeater,Disposal,RangeHood,WaterHeater
Flooring
Laminate
Utilities
CableAvailable,ElectricityConnected,SeeRemarks,WaterConnected
Fencing
NewCondition
Accessibility
Parking
Pool
No
Pool features
Community,Fenced,Heated,InGround,Association
Spa
Yes
Subdivision
Channel Islands Waterfront Homes
Parcel
2060360315
HOA
Channel Islands Waterfront Homes
HOA amenities
Clubhouse,ControlledAccess,Dock,FitnessCenter,MaintenanceGrounds,Insurance,MeetingRoom,OutdoorCookingArea,Barbecue,PicnicArea,Pool,SpaHotTub,TennisCourts,Trails,Trash,Water
HOA fee frequency
Monthly
HOA fee
$605.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$2,083.33
Cap rate

Annual operating income:

HOA: Includes $605.00 per month in HOA dues, converted from the $605.00 monthly fee reported by the listing source.

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #SR26181451 · California Regional MLS

Listing brokerage: Coldwell Banker Realty
Listing agent: Vanessa McCoy

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.