21
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$1,900,000
Est. payment /mo
8,999 Sqft Lot
Price Dropped by $50K
136 N Garfield AVE Oxnard, CA 93030
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision La Colonia - 0318
MLS Listing ID V1-36187
HOA Y/N No
Year Built 1940
Lot Size 8,999 Sqft
Property Description
Rare opportunity to acquire an 8-unit multifamily property in the highly desirable city of Oxnard, CA. This property has been remodeled with upgrades, offering immediate stability with strong in-place income and significant upside through rent increases.Located in a high-demand rental market, Oxnard continues to show solid fundamentals, with average rents around $2,700+ per unit depending on area and unit type --making this an ideal cash-flowing asset with long-term appreciation potential.8 total units - ideal scale for serious investorsRenovated units with modern upgradesStrong current income with below-market rents = upside potentialHigh rental demand area with low vacancy trendsExcellent opportunity for value-add strategyWhether you're looking to increase rents, optimize operations, or hold for appreciation, this asset checks all the boxes for a savvy investor.💰 True 'cash cow' potential for the right buyer
Location
State CA
County Ventura
Area Vc35 - Oxnard - Northeast
Interior
Heating Space Heater
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features None
Fence None
Pool None
Community Features Biking
View Y/N No
View None
Private Pool No
Building
Lot Description Sprinklers None
Others
Senior Community No
Tax ID 2010122160
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA
Special Listing Condition Standard
Listed by Hector Cano Global 365 Real estate #01266368
NEARBY SCHOOL & BUSINESS
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