$3,050,000

Multi Family In Oxnard

  • 6 Beds
  • 3 Baths
  • 11,326 Sqft lot
  • Updated: July 4
  • Source:
    San Diego MLS  MLS#V1-37060

About the Property

This 14 unit apartment community in South Oxnard presents a compelling opportunity for investors seeking strong cash flow, stable operations, and long term value growth. Priced at $3,050,000 (approximately $217,857 per unit), the property generates an estimated $314,000 in annual gross income, resulting in a highly attractive Gross Rent Multiplier (GRM) of 9.7. The unit mix includes 10 one-bedroom
This 14 unit apartment community in South Oxnard presents a compelling opportunity for investors seeking strong cash flow, stable operations, and long term value growth. Priced at $3,050,000 (approximately $217,857 per unit), the property generates an estimated $314,000 in annual gross income, resulting in a highly attractive Gross Rent Multiplier (GRM) of 9.7. The unit mix includes 10 one-bedroom units, 2 two-bedroom units, and 2 three-bedroom units, all surrounding a welcoming central courtyard. Over the past several years, the property has undergone approximately $263,300 in capital improvements, including the recent installation of bathroom exhaust fans in every unit to reduce moisture and improve long term durability. With major upgrades already completed and minimal property deferred maintenance, the next owner can expect stable operations and continued financial performance.
  • Property type

    Apartment

Features

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540 Cuesta Del Mar Drive, Oxnard, California, United States View on Google Maps
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Apartment Investment Specialis - Santa Barbara

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Apartment Investment Specialis - Santa Barbara
California, United States
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2026
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Apartment Investment Specialis - Santa Barbara
Santa Barbara, California, United States
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Last updated
July 4
First listed
Jun 23
Listing reference
V1-37060
Listing status
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