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14-unit apartment building + standalone commercial space near downtown Oxnard offered at 6.5% CAP / 10.0 GRM on current rents! This fully rented property includes a renovated 2-story 14-unit apartment building & a restaurant building. Originally built as a motel the apartment building totals 2,792 SF and contains all studio efficiency units (one bathroom and one room) along with a common laundry room with two sets of washer/dryers. Commercial building totals 1,305 SF and in past operated as a restaurant but current tenant operates as a prep kitchen that prepares meals for the agriculture contractors that provide field workers with daily meals. 18 uncovered parking spots. The apartment building has been completely updated over the past 6 years. This is a very efficient investment property offering some of the most affordable rents in the whole county. As such turnaround time is very short to rent out any apartment vacancies.
Property Type(s):
Residential Income
| Last Updated | 7/2/2025 | Tract | Not Applicable |
|---|---|---|---|
| Year Built | 1961 | Community | VC31 - Oxnard - Northwest |
| County | Ventura |
Additional Details
| AIR | None |
|---|---|
| AREA | VC31 - Oxnard - Northwest |
| HEAT | Electric |
| LOT | 10001 sq ft |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| SUBDIVISION | Not Applicable |
| VIEW DESCRIPTION | None |
Location
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Listed with Beachside Partners
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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