Property Details
About this Property
Investor Special - 11 units on nearly 1 acre for under $136K per door, making this one of the best deals in town. Currently generating $9,550 per month in rental income ($114,600 annually), with current rents substantially below market value. Market rents are projected upwards of $17,900 per month ($214,800 annually), offering significant upside potential. Unit mix includes a detached 2 bed/1 bath main house, a detached 2 bed/1 bath unit behind the main house (second bedroom is small and may be considered a 1 bedroom), a detached 1 bed/1 bath manager's unit, five attached 1 bed/1 bath units, and three attached 2 bed/1 bath units (two with bedroom-to-bedroom walk-through layouts). Similar multi-unit properties in Oxnard are currently selling for $200K to $300K per door, while this one is offered at just under $136k per door. An excellent opportunity for cash flow and value-add repositioning.
MLS Listing Information
MLS #
CRV1-29273
MLS Source
California Regional MLS
Days on Site
34
Interior Features
Laundry
None
Cooling
None
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Jose Morales
eXp Realty of California, Inc
License #: 01891119
Phone: (805) 228-4671
Co-Listing Agent
Jaime Cerda Fernandez
eXp Realty of California, Inc
License #: 02165515
Phone: (805) 228-4671
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 6 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2461 Balboa St is a Residential Income in Oxnard, CA 93036. This – square foot property sits on a 34,848 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,495,000 and was built in 1946. This address can also be written as 2461 Balboa St, Oxnard, CA 93036.
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This listing information is up-to-date as of May 14, 2025. For the most current information, please contact Jose Morales, (805) 228-4671
