136 N Garfield Avenue, Oxnard, CA 93030
- $1,900,000
- List Price
- $1,900,000
- Price Change
- ▼ $50,000 1781126627
- Status
- ACTIVE
- MLS#
- V1-36187
- Year Built
- 1940
- Lot Size
- 9,000
- Acres
- 0.21
- Lot Location
- Sprinklers None
- Days on Market
- 86
- Property Type
- Multifamily
- Neighborhood
- La Colonia - 0318
Property Description
Rare opportunity to acquire an 8-unit multifamily property in the highly desirable city of Oxnard, CA. This property has been remodeled with upgrades, offering immediate stability with strong in-place income and significant upside through rent increases.Located in a high-demand rental market, Oxnard continues to show solid fundamentals, with average rents around $2,700+ per unit depending on area and unit type --making this an ideal cash-flowing asset with long-term appreciation potential.8 total units - ideal scale for serious investorsRenovated units with modern upgradesStrong current income with below-market rents = upside potentialHigh rental demand area with low vacancy trendsExcellent opportunity for value-add strategyWhether you're looking to increase rents, optimize operations, or hold for appreciation, this asset checks all the boxes for a savvy investor.💰 True 'cash cow' potential for the right buyer
Additional Information
- Pool Description
- None
- Heat
- Space Heater
- Cooling Description
- None
- View
- None
- Attached Structure
- Detached
- Gross Scheduled Income
- $200,400
- Operating Expense
- 24650
Listing courtesy of Listing Agent: Hector Cano (global365re@gmail.com) from Listing Office: Global 365 Real estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.