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
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$1,899,999
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136 N Garfield AVE Oxnard, CA 93030

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Jenny Wu

Jenny Wu

+1(909) 569-8888

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

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

CRMLS – RECore
Listed by Jose Luiz Morales eXp Realty of California Inc

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Jenny Wu

Jenny Wu

Agent | License ID: 01817291

+1(909) 569-8888

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136 N Garfield AVE

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