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14 unit apartment building in S Oxnard offered at a 6.4% cap rate, 9.9 x rents, based on rent increases that take effect Dec 1. Significant recent improvements including new roof, fresh paint, landscaping, new LED lighting and security gages, combo door locks and new railing and support posts. 2 units have recently been remodeled. Building features (10) 1BD/1BA and (4) 2BD/1BA along with carport parking. There is an onsite laundry room not currently used that could produce additional income. 2 hot water heaters. Rental rates have an additional approximately 15% upside offering a new owner the opportunity to purchase a building that cash flows day 1 and will offer annual 4% increases for the next several years allowable under Oxnard local rent control ordinance.
Property Type(s):
Residential Income
| Last Updated | 8/21/2025 | Tract | Oxnard: Other - 0033 |
|---|---|---|---|
| Year Built | 1962 | Community | VC33 - Oxnard - Southwest / Port Huenem |
| County | Ventura |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Electric Range, Gas Range |
| AREA | VC33 - Oxnard - Southwest / Port Huenem |
| HEAT | Wall Furnace |
| LOT | 0.26 acre(s) |
| POOL DESCRIPTION | None |
| SUBDIVISION | Oxnard: Other - 0033 |
| 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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