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Listed by Vicky Cummings • eXp Realty of California
$ 2,500,000
Est. payment | /mo
35,000 SqFt
$ 2,500,000
Est. payment | /mo
35,000 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 35,000 sqft
Price per Sqft $71
MLS Listing ID CRV1-29461
HOA Y/N No
Year Built 1950
Lot Size 0.803 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
Nestled in the heart of Oxnard's desirable Cloverdale subdivision, this rare investment opportunity features 12 rental units spread across 9 separate structures, offering a diverse mix of single-family homes and duplexes. Originally built in the 1950s, the property exudes vintage character and presents a fantastic value-add opportunity for investors.With 10 covered carports and 2 garage spaces, the property offers ample off-street parking--a major plus for tenants. The spacious layout across multiple buildings provides privacy and flexibility, appealing to a wide tenant base.Located in a well-established, residential neighborhood with strong rental demand, this asset is perfect for investors seeking long-term growth potential through renovation and repositioning. Opportunities like this don't come around often--capitalize on the upside and create your vision in one of Oxnard's most stable rental markets.
Location
State CA
County Ventura
Interior
Heating Natural Gas, Wall Furnace
Cooling None
Fireplace No
Laundry Other, Inside, See Remarks
Exterior
View None
Building
Lot Description Other
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