CA > Oxnard > Oxnard: Other - 0034
Oxnard, CA 93030,136 N Garfield AVE
Oxnard, CA 93030,136 N Garfield AVE
Oxnard, CA 93030,136 N Garfield AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
8
Dec
Tue
9
Dec
Wed
10
Dec
Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$1,899,999
Est. payment /mo
7,405 Sqft Lot
Save

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Oxnard: Other - 0034

MLS Listing ID V1-30619

HOA Y/N No

Year Built 1940

Lot Size 7,405 Sqft

Property 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 rental location near schools, parks, and essential amenities--highly attractive to tenants.With a recent appraisal of $2,250,000, this property offers exceptional value in a strong rental market. Whether you're an experienced investor looking to expand your portfolio or making your first multifamily acquisition, this is a turnkey opportunity not to be missed.

Location

State CA

County Ventura

Area Vc34 - Oxnard - Southeast

Interior

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Assigned

Pool None

Community Features Street Lights, Sidewalks

View Y/N No

View None

Total Parking Spaces 8

Private Pool No

Building

Lot Description Sprinklers None

Others

Senior Community No

Tax ID 2010122160

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Jose Luiz Morales eXp Realty of California Inc
Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Newport Properties, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

136 N Garfield AVE

QUICK SEARCH
VIEW MORE