CA > Oxnard
Oxnard, CA 93030,136 N Garfield AVE
Oxnard, CA 93030,136 N Garfield AVE
Oxnard, CA 93030,136 N Garfield AVE
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
Listed by Jose Luiz Morales • eXp Realty of California Inc
$1,899,999
Est. payment /mo
7,405 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRV1-30619

Year Built 1940

Lot Size 7,405 Sqft

Source California Regional MLS

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

Laundry None

Exterior

Parking Features Assigned Spaces

Garage Spaces 8.0

Pool 31, None

View None

Others

Tax ID 2010122160

Special Listing Condition Not Applicable

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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