Listed by: Michael Delgado, Century 21 Real Estate Alliance
$518,500
●
Condo -
Off Market
3115 Kelp Lane
Oxnard, CA 93035
2 Beds
2 Baths,
1
Half Bath
1,051 Ft²
$3,009
Est. Monthly
$480
HOA / Fees
5.64%
Cap Rate
About This Property
Hard to find 2-bedrooms, 1.5bathrooms, Private Laundry, 2car garage
with private access to Patio Yard and your home. This inviting
townhome boasts a cozy fireplace in the living room, Open floor
plan with a stylish breakfast bar in the kitchen. Close to HOA pool
and parking but without the noise. Enjoy outdoor relaxation on the
spacious patio and the convenience of a double garage. This home is
ready for your finishing touches. HOA RV and/or Boat Parking
available, POOL, SPA, Tennis, Located a little over a mile to the
Beach and Marina. You have a quick 35min coastal commute Santa
Barbara to the north or Malibu to the south. Customize it to your
liking and turned into a forever home or weekend getaway. Seller is
open to offering credits for repairs, remodeling, or closing costs.
Unit Size
1,051 Ft²
Days on Market
96 days
Land Size
0.03 acres
Price per sqft
$490
Property Type
Condo
Property Taxes
-
HOA Dues
$480
Year Built
1980
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #V1-25798)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Nov 23, 2024 | In contract | - | |
| In contract | |||
| Oct 26, 2024 | Price Decreased |
$515,000
↓ $14K
(2.7%) | |
| Price Decreased | |||
| Oct 17, 2024 | Price Decreased |
$529,000
↓ $6K
(1.1%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $534,999 | |
| Relisted | |||
Show More
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1
Levels: One
Flooring Type: Carpet, Tile
Living Area Square Feet Source: Assessor
Laundry Features: Laundry Closet
Has Fireplace
Living Room
Exterior Details
Property Condition: Repairs Cosmetic
Year Built: 1980
Parcel Number: 1850070025
Home Type: Residential
Structure Type: House
Foundation Details: Slab, SeeRemarks
Roof: SpanishTile
Outdoor Living Structures: Concrete
Private Pool
Pool Features: Community, Association
Lot Information: Sprinklers None
Lot Size Source: Assessor
Lot Size Acres: 0.03
Utilities Details
Cooling Type: None
Heating Type: Central, Natural Gas
Location Details
Association Amenities: Other, Pool
Association Fee: $480
Association Fee Frequency: Monthly
Community Features: Curbs, Hiking, Sidewalks, Pool
Subdivision: Mandalay Beach Townhomes - 2837
Subdivision Name: Mandalay Beach Townhomes - 2837
Directions: Wooley to Kelp
Other Details
Listing Terms: Cash, Conventional, Exchange1031, VaLoan
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/17/2024
| |
2 Bed
|
2 Bath
|
1051 ft²
|
$534,999
2 Bed
2 Bath
1051 ft²
|
$518,500
-3.08%
12/23/2024
|
Michael Delgado
Century 21 Masters
|
Building Info
About Sea View Estates
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Listed by: Michael Delgado, Century 21 Real Estate Alliance
Last Updated: 2 years ago
Data Source: CRMLS, MLS# V1-25798
Last Updated: 2 years ago
Data Source: CRMLS, MLS# V1-25798
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