This six-unit apartment property, owned by the seller for more than 10 years, is located in the south part of Oxnard, just to the east of Saviers Rd (across from the DMV). The tenant community at the property has moved in to the property at various times throughout the years, but offers a buyer significant upside with its under market rents. As such, the new owner can expect several years of consistent rent increases at the maximum annual rent increase percentage under Oxnard's current Rent Stabilization Ordinance (RSO). For almost the entire length of ownership, the seller has been updating the property with quality materials and workmanship.
Courtesy: Apartment Investment Specialists
805-320-6646
This six-unit apartment property, owned by the seller for more than 10 years, is located in the south part of Oxnard, just to the east of Saviers Rd (across from the DMV). The tenant community at the property has moved in to the property at various times throughout the years, but offers a buyer significant upside with its under market rents. As such, the new owner can expect several years of consistent rent increases at the maximum annual rent increase percentage under Oxnard's current Rent Stabilization Ordinance (RSO). For almost the entire length of ownership, the seller has been updating the property with quality materials and workmanship.
Attentions investors! Immediate potential for $6,000 / month in rental income with lower utilities in desirable north Oxnard location. Single Family home with attached ADU (permitted); property has been fully renovated over the past 5 years, including solar system, newer roof, exterior stucco, water softener, electric panel upgrade, HVAC for main house and ADU has separate HVAC. The main house has an open concept floor plan, that is well suited for any family gathering where guests can easily flow between the extra large living area and dining room and expanded kitchen, with arched doorway to leading from the living room to the spacious kitchen along with the open peninsula with the custom range. The kitchen design creates a perfect space to interact with family and friends in both the living room as well as the dining room. Enjoy the newer white shaker style cabinets with glass doors that includes plenty of storage, the cabinets are accented with beautiful neutral quartz counter tops and designer glass backsplash. The large kitchen sink includes the chopping and cleaning vegetable bowl accessories that help get your food prep done in no time. Vinyl plank flooring throughout, recessed lighting throughout, numerous ceiling fans. The bathrooms have both been beautifully upgraded. The exterior grounds are fully landscaped with the front yard designed for water conservation whereas capturing the rain from the roof that flows into the draught tolerant landscaped yard into replenishing the aquifer. The grounds also have a timed irrigation drip system. The back yard is beautifully landscaped that include an awesome mature avocado tree. There are 2 pergolas that offer enjoyable settings for your garden design and family outdoor events. The ADU offers a full kitchen with white shaker cabinets and beautiful quartz counter top and decorative backsplash. As well as a full bathroom and stacked washer and dryer. This unit also has it's own mini split HVAC with a central ceiling cassette that can be controlled with a thermostat. The ADU has an exclusive use patio area for their enjoyment.
4- unit apartment complex in Oxnard. Rarely any vacancies in great rental area! Owner recently improved the exterior of the complex. Units are spacious. (1) 3-bedroom 2-bath unit with fireplace, garage and outdoor patio area; (2) 2-bedroom 2-bath units with patio and garages; and (1) 2-bedroom, 1-bathroom unit with deck and garage. Scheduled $87,480 annual gross income. Electricity and gas separately metered. Long term tenants on month to month and with rents well under market. Five (5) garage spaces total with direct access and laundry in garages which tenants enjoy. Check with city of Oxnard regarding garage conversion to possible additional unit.
Introducing the perfect investment opportunity - a stunning 4plex with a low maintenance landscape that is sure to impress. The property boasts a 13-year-old roof, ensuring low maintenance for years to come. Each unit includes its own garage and private laundry room, providing convenience and privacy for tenants. With separate electric and 5 gas meters, this property is an investor's dream. The property is secured with an iron fencing surrounding the perimeter, ensuring safety and privacy. The unit breakdown includes a spacious 3+2 unit in unit 1, a cozy 2+2 unit in unit 2, a comfortable 2+2 unit in unit 3, and a charming 2+1 unit in unit 4. Located in a prime location, this property offers easy access to the PCH and is just a short distance from Port Hueneme Beach, the Port Hueneme Naval base, shopping, and schools. Tenants can enjoy a beautiful stroll to the Port Hueneme Pier, and the property is just a short driving distance to various community colleges and C.I. University. This 4plex is an incredible investment opportunity, with so much to offer tenants and investors alike. Don't miss out on this chance to own a beautiful property in a prime location. Schedule a showing today!
Prime 6-unit investment opportunity in Oxnard, ideal for those looking to reposition and maximize returns. All (6) units are1BD/1BA and fully occupied at well below-market rents. Features include off-street parking, shared laundry facilities andseparate electric meters for each unit. Conveniently located near shopping, dining, and major transportation routes, this propertyis positioned for future growth and enhanced income potential. This is a trust sale with property being sold as-is and severalinspection reports available for review. At less than $192k/unit and an 8.0% CAP rate based on market rents this is an excellentvalue add opportunity. Cash offers preferred due to condition.
Value add potential abounds on this 4-unit apartment building in North Oxnard available for under $1M. 1951 North VenturaRD consists of (2) 2BD/1BA and (2) 1BD/1BA units and is conveniently located near shopping centers, school and parks. Builtin 1970, the 3,176 SF building sits on a 6,098 SF lot and includes four carports and a laundry room. Each unit is separatelymetered for gas and electricity, with a single water meter serving the entire property. Long term tenants are well below marketrents and have not had recent rent increases. This is a trust sale with property being sold as-is and several inspection reportsavailable for review.
Rare Triplex Investment Opportunity in the sought after Silverstrand beach community. Don't miss this prime investment opportunity- a rare 3-unit triplex less than a mile from Silverstrand Beach! With a proven rental history spanning more than a decade, this property offers strong income potential in a highly desirable coastal location. The triplex includes two 1-bedroom units and one 2-bedroom unit, each featuring spacious kitchens, private entries, and yard space for added comfort. Additional perks include parking for all three units, garage storage, and laundry hookups, highly sought-after amenities for tenants. Conveniently situated near the Port Hueneme Base, this property attracts long-term renters and is close to shopping, dining, and local attractions. Whether you're looking to expand your investment portfolio or live in one unit while renting out the others, this is a fantastic opportunity you won't want to miss!
Great Opportunity! 9 units apartment building located in South Oxnard. Elementary school across the street and Middle ang High School nearby. Close to shopper centers. Gross rent multiplier of 12.2 units 2 Bed + 2 Bath units 2 Bed +1 Bath and 2 units 1 Bed + 1 Bath. 5 units are upstairs and 4 units downstairs.
25-unit Oxnard apartment building for sale located on a corner lot near Fremont Square shopping center, several medical clinics and schools as well as bus lines. 1315 Devonshire DR is a 2-story courtyard style property featuring (12) 1BD units and (13) studios along with garage parking. Roof has recently been replaced. Other recent improvements include the installation of seismic shutoff valves on gas meters, 2 new commercial grade water heaters and upgraded cold water line plumbing pipes (pipes were sandblasted and injected with epoxy liner). Separately metered for electricity and gas. There is an onsite laundry room. Offered at less than $216k/unit and a 5.0% CAP rate, 12.0 GRM on in place rents with upside on rental rates. Seller prefers to carry back a loan at 6.0% interest only offering a major cash flow benefit to new Buyer. The garages offer ADU conversion potential.
Prime Investment Opportunity!This unique property features three buildings with six units, totaling 2,375 square feet on a spacious 7,200-square-foot lot in Oxnard, California. Whether you're seeking rental income, a multigenerational living arrangement, or a blend of both, this property offers flexible options to meet your needs. Each cozy unit includes 1 bedroom and 1 bathroom, with some units recently receiving tasteful updates. The outdoor space boasts a large driveway, a flourishing orange tree, a dedicated dog run, and a well-stocked maintenance room. Convenient back-alley access provides additional parking and enhanced ease of use.Enjoy the freedom of no HOA fees or Mello Roos. Don't miss this incredible opportunity--
Great investment opportunity to own this 9-unit apartment complex in a Prime Location! First time on the market in almost 30 years. Closely located to the Naval Base, easy PCH access and within walking distance of the fabulous Port Hueneme Beach. This well-maintained and cared-for building offers a desirable unit mix of two 2bed/2 bath, six 2bed/1 bath and one 1bed/1bath with carports or garages. Interior features have tile flooring throughout and kitchen has tile counter tops. The property includes an on-site coin laundry area with newer washer and dryer for extra income. There are separate electric and gas meters. Newer water heater for each building. The owner pays for water and trash and the tenant pays for their own gas and electricity. Wrought-iron gate entry for extra security. Units have been rented from long-term tenants with under-market rent. Apartment complex is to be purchased together with the adjacent 9-unit building located 5431 Perkins Road (APN#222-0-094-095). Subject to Seller's purchase of 1031 replacement property. Property to be sold 'As-Is'. Don't miss out!
Great investment opportunity to own this 9-unit apartment complex in a Prime Location! First time on the market in almost 30 years. Closely located to the Naval Base, easy PCH access and within walking distance of the fabulous Port Hueneme Beach. This well-maintained and cared-for building offers a desirable unit mix of two 2bed/2 bath, six 2bed/1 bath and one 1bed/1bath with carports or garages. Interior features have tile flooring throughout and kitchen has tile counter tops. The property includes an on-site coin laundry area with newer washer and dryer for extra income. There are separate electric and gas meters. Newer water heater for each building. The owner pays for water and trash and the tenant pays for their own gas and electricity. Wrought-iron gate entry for extra security. Units have been rented from long-term tenants with under-market rent. Apartment complex is to be purchased together with the adjacent 9-unit building located 5441 Perkins Road (APN#222-0-094-105). Subject to Seller's purchase of 1031 replacement property. Property to be sold 'As-Is'. Don't miss out!
Price just reduced $100k! 8-unit Oxnard apartment building located in the historic district with approved plans to build (2) new ADUs. Excellent investment opportunity to realize upside in rental rates on existing units along with taking baton from Seller to use city approved plans to build 2 additional studio units totaling 650 SF. Current Unit mix includes (1) 2BD/2BA, (2) 2BD/1BA and (5) 1BD/1BA units each with their own patio. Laundry room onsite, currently not in use, with new commercial grade water heater serving whole building. 4 of the units have been recently remodeled. Good downtown Oxnard location within walking distance to Plaza Park (home to farmers market and community events), Santa Clara Elementary School, Public Library, City Hall & Centennial Plaza - home to movie theaters, shops and restaurants. Offered at 12.5 x current in place rents.7.2% CAP rate can be achieved by the astute investor on market rents and assumed new ADU rents (assumes $200k+/- to build (2) studio ADU units totaling 650 SF which are projected to rent for $1700 apiece).
Courtesy: RE/MAX Gold Coast-Beach Office
Fully renovated and offering a current 6.41% CAP rate in South Oxnard. This beautiful 8-unit courtyard-style multi-family investment asset boasts fresh exterior paint, landscaping and interior unit remodels. Unit mix consists of (4) 1BD/1BA with large fenced private front patios and (4) 2BD/2BA townhouse-style units with 2nd floor patios. Seven of eight apartments have been recently fitted with modern appliances, new windows, flooring, paint and washer/dryer hook-ups. Tenants enjoy the ease of off street parking as well as (4) 2-car garages and (4) 1-car garages. This asset is located in a prime location near shopping, dining and California State University Channel Islands. Don't miss out on making this turn-key investment asset yours. Tenant to bring their own washer/dryer/refrigerator.
Courtesy: Radius Group Commercial R.E.
805-965-5500
Fully renovated and offering a current 6.41% CAP rate in South Oxnard. This beautiful 8-unit courtyard-style multi-family investment asset boasts fresh exterior paint, landscaping and interior unit remodels. Unit mix consists of (4) 1BD/1BA with large fenced private front patios and (4) 2BD/2BA townhouse-style units with 2nd floor patios. Seven of eight apartments have been recently fitted with modern appliances, new windows, flooring, paint and washer/dryer hook-ups. Tenants enjoy the ease of off street parking as well as (4) 2-car garages and (4) 1-car garages. This asset is located in a prime location near shopping, dining and California State University Channel Islands. Don't miss out on making this turn-key investment asset yours. Tenant to bring their own washer/dryer/refrigerator.
Courtesy: Red Door Real Estate
Courtesy: RE/MAX Gold Coast REALTORS
Oxnard is located in California. Oxnard, California has a population of 202,981. Oxnard is more family-centric than the surrounding county with 37.24% of the households containing married families with children. The county average for households married with children is 33.07%.
The median household income in Oxnard, California is $83,180. The median household income for the surrounding county is $94,150 compared to the national median of $69,021. The median age of people living in Oxnard is 33.1 years.
The average high temperature in July is 73.3 degrees, with an average low temperature in January of 45.7 degrees. The average rainfall is approximately 15.3 inches per year, with 0 inches of snow per year.
