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Listed by: Jose Luiz Morales (805) 228-4671 DRE #01891119 | eXp Realty of California Inc (805) 228-4671
$1,899,999
8 Beds
8 Baths
--sqft
136 N Garfield Ave, Oxnard, CA 93030
$1,899,999
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Multi Family
Built in 1940
$-- HOA
7,405 sqft lot
--/sqft
Description
This well-maintained 8-unit apartment complex is a prime opportunity for investors seeking strong, stable returns and long-term upside. Currently bringing in $193,560 annually with a solid 6% cap rate, the property also offers tremendous expansion potential--up to 8 additional ADUs, allowing for a total of 16 rentable units.Each existing unit features 1 bedroom and 1 bathroom, along with designated parking, ensuring privacy and convenience for tenants. Utilities are individually metered for gas and electricity, while the owner covers water and trash, making management straightforward.A newer roof reduces long-term maintenance costs, and the property sits in a high-demand ...
Continue Reading- Houzeo last checked: 5 Minutes ago
- Listing updated: December 18, 2025 at 2:24 am
- Source: California Regional MLS-CA | MLS#: V1-30619
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1940
HOA Fees
-
Finished Area
- sqft
Lot Size
7,405 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
V1-30619
MLS Status
Active
Days on Market
185
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