136 N Garfield Avenue, Oxnard, CA 93030
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
136 N Garfield Avenue,Oxnard, CA 93030
$1,999,000
- 4 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:jose luiz morales
Office:exp realty of california inc
MLS#:V1-30619
Source:SANDICOR
Price summary
- Price:$1,999,000
About this home
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.
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Home facts
- Listing Id #:V1-30619
- Added:58 day(s) ago
- Updated:August 15, 2025 at 02:01 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
Finances and disclosures
- Price:$1,999,000
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