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).
Prime Investment Opportunity Near Oxnard Beaches! Discover this triplex, ideally situated just moments from Oxnard's beautiful beaches. This property features three spacious units: one 3-bedroom, 2-bathroom unit and two 2-bedroom, 2-bathroom units, all with fireplaces and private 2-car garages. Each unit is generously sized, offering comfortable living spaces and a welcoming atmosphere for long-term tenants.Located conveniently close to both the beach and shopping areas, this triplex provides easy access to amenities and the coastal lifestyle. Nestled between Malibu and Santa Barbara, Oxnard offers an unbeatable location, making this an excellent opportunity for any investor looking to own a quality property in a desirable area.With monthly rents totaling $5,050.
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.
Fourplex near the beach of port Hueneme (2) three bedroom units with 1-1/2 baths each with a 2 car garage and (2) one bedroom units with 1 bath with a shared 2 car garage. Laundry hookups in 3 bedroom units. Storage room could be converted to Laundry Room. Long term tenants all on month to month contracts. Below market rents provide new owners opportunity for rent growth. Owner is licensed CA RE Broker. Seller to participate in 1031 exchange at no cost to buyer.
Major price reduction. Investment units available. Both units are 2+1. Can be delivered vacant if desired. Tenants wish to stay. Open house this Sunday 1-3.
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.
