Homes for sale - 136 N Garfield AVE, Oxnard, CA 93030

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Jose Luiz Morales • eXp Realty of California Inc

$2,099,000

Est. payment - /mo

7,405 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRV1-30619

Year Built 1940

Lot Size 7,405 Sqft

Source California Regional MLS

Property Description

Generating $193,560 in annual rental income and delivering a solid 6% cap rate, with potential for up to 8 ADUs, this well-maintained 8-unit apartment complex presents a fantastic opportunity for investors seeking steady income and long-term value. Each of the eight units offers 1 bedroom and 1 bathroom, along with its own designated parking space, ensuring convenience and privacy for tenants.All units are separately metered for gas and electricity, allowing for straightforward utility management, while the owner covers water and trash services. The property also features a newer roof, reducing future maintenance costs and offering added peace of mind. Ideally located in a desirable neighborhood near schools, parks, and other essential amenities, this complex is highly attractive to renters.The property was recently appraised at $2,250,000, making this an exceptional value in a strong rental market. Whether you're looking to expand your portfolio or make your first multifamily investment, this is a turnkey opportunity not to be missed.

Location

State CA

County Ventura

Area Vc34 - Oxnard - Southeast

Interior

Cooling None

Laundry None

Exterior

Parking Features Assigned Spaces

Garage Spaces 8.0

Pool 31, None

View None

Others

Tax ID 2010122160

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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136 N Garfield AVE Oxnard, CA 93030

JLee Broker

Key Details

Location

Interior

Exterior

Others

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