Description
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
Residential IncomeCounty
VenturaStyle
Residential IncomeAD ID
50327903
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Fireplace: None
Cooling Features
- None
- Air Conditioning
Heating Source
- Electric
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1961
- Building Area Total: 4,097
Pool Features
- None
Laundry Features
- Laundry Room
Fencing
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2296
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 10000
-
Listing Information
Listing Price Information
- Original List Price: 2,245,000
- Listing Contract Date: 2025-06-25
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2010272220
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Uncovered
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: VC31 - Oxnard - Northwest
- Directions: Off Oxnard BLVD & 7th
- Source Property Type: Residential Income
- Area: VC31 - Oxnard - Northwest
Building and Construction
- Property Age: 64
- Common Walls: No Common Walls
- Year Built Source: Assessor
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BuyOwner last updated this listing 07/04/2025 @ 07:13
- MLS: V1-30882
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 4,097 sqft, 10,000 sized lot, and 0 parking. are nearby neighborhoods.