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0.13 Acres in Oxnard, CA - $1,300,000
Fourplex with Major Upgrades! Well-located Oxnard fourplex offering a strong cap rate with a desirable unit mix and substantial recent improvements. The property features two 3-bedroom, 1.5-bath units with private garages and two 1-bedroom, 1-bath units with shared garage space. All units are separately metered with laundry hookups in a dedicated storage room. The two 3-bedroom units are occupied by long-term tenants, while both 1-bedroom units will be delivered vacant, providing immediate upside for rental increases or owner repositioning. Major capital improvements include: all new water lines to fixtures and waste lines, new roof and fascia, exterior repairs and paint, all new windows and sliding doors with transferable warranty, new electrical main panel, subpanels in Units A & C, and new garage doors. Unit A (occupied): new flooring, baseboards, remodeled kitchen, updated upstairs a...
Fourplex with Major Upgrades! Well-located Oxnard fourplex offering a strong cap rate with a desirable unit mix and substantial recent improvements. The property features two 3-bedroom, 1.5-bath units with private garages and two 1-bedroom, 1-bath units with shared garage space. All units are separately metered with laundry hookups in a dedicated storage room. The two 3-bedroom units are occupied by long-term tenants, while both 1-bedroom units will be delivered vacant, providing immediate upside for rental increases or owner repositioning. Major capital improvements include: all new water lines to fixtures and waste lines, new roof and fascia, exterior repairs and paint, all new windows and sliding doors with transferable warranty, new electrical main panel, subpanels in Units A & C, and new garage doors. Unit A (occupied): new flooring, baseboards, remodeled kitchen, updated upstairs and downstairs bathrooms, new lighting, and fresh paint. Unit B: new flooring and baseboards, remodeled kitchen, updated bathroom, new lighting, and fresh paint. Unit C (occupied): new hot water heater and plumbing. Unit D (vacant): new flooring and baseboards, remodeled kitchen with new hot water heater, updated bathroom, new lighting, and fresh paint. Prime location with easy access to PCH, minutes from Port Hueneme Beach & Pier, Naval Base Ventura County, shopping, dining, and nearby Oxnard College and Cal State Channel Islands. Extensive upgrades, vacancy upside, and a coastal location make this a compelling turn-key investment with long-term growth potential.
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