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14-unit apartment building + standalone commercial space near downtown Oxnard offered at 7.5% CAP / 8.9 GRM on current rents! This fully rented property includes a renovated 2-story 14-unit apartment building & a restaurant building. 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 and delivers meals to field workers at nearby farms. 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.
| DAYS ON MARKET | 86 | LAST UPDATED | 8/21/2025 |
|---|---|---|---|
| TRACT | Not Applicable | YEAR BUILT | 1961 |
| COMMUNITY | VC31 - Oxnard - Northwest | COUNTY | Ventura |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Aug 4, '25 | $2,245,000 |
|---|---|
| Aug 4, '25 - Aug 21, '25 | $2,145,000 |
| Aug 21, '25 - Today | $1,995,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | VC31 - Oxnard - Northwest |
| HEAT | Electric |
| LOT | 10001 sq ft |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| SUBDIVISION | Not Applicable |
| VIEW DESCRIPTION | None |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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