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$2,500,000
Est. payment /mo
0.8 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRV1-29461
HOA Y/N No
Year Built 1950
Lot Size 0.803 Acres
Acres 0.8
Property Sub-Type Other
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
Zoning RE-2
Interior
Heating Natural Gas, Wall Furnace
Cooling None
Fireplace No
Laundry Other, Inside, See Remarks
Exterior
View Y/N false
View None
Building
Lot Description Other
New Construction No
Others
Tax ID 1450190090
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Listed by Vicky Cummings • eXp Realty of California