443 Palm Drive

Description

Have you been looking for a home with limitless potential? Are you looking for a property that can accommodate multi-generational living? Come see this diamond in the rough where the possibilities are endless. Do yourself a favor and look no further than this beautiful 4 bedroom & 3 bath home in North Oxnard. This spacious home offers over 1,500 square feet of living space on sits on an expansive 6,598 square foot lot with alley access. This property is perfect for multi-generational living. The visionary owner at that time added 440 square feet of living space in 1963 according to City permit records. The original home appears to have been 2 beds & 1 bath, and the addition included 2 beds & 2 baths. You can potentially subdivide the section of the home that was added into a Junior Accessory Dwelling Unit perfect for your aging parents, adult children, or possibly to generate rental income. There's more! The large backyard with alley access lends itself well to add a third unit as a standalone ADU (accessory dwelling unit). This home is excellent for the visionary investor or family that needs space to accommodate several generations living on the same property, while enjoying independent living. This home SCREAMS ADU and Junior ADU. Do you have the vision to see this? Don't miss out on the ADU boom and come subdivide this property into 3 units if you wish (main home, JADU addition & build a new ADU in the backyard). Must apply with the City of Oxnard for ADU & JADU permit approvals. The possibilities here are endless with just a little bit of imagination. Imagine having 2 rental units that help you pay for the main home mortgage? The cherry on top is that this home is conveniently located near schools, shopping, and parks. Hurry before this property is gone!!!