161 W Juniper Street, Oxnard, CA 93033
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
161 W Juniper Street,Oxnard, CA 93033
$6,250,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:nick henry
Office:beachside partners
MLS#:V1-32732
Source:CRMLS
Price summary
- Price:$6,250,000
About this home
Excellent opportunity to acquire a 24-unit Oxnard apartment building set on over 1 acre of land with ideal unit mix and significantlong-term upside in rental rates. 161 W Juniper ST is composed of (24) 2BD/1BA units with 24 garages and ample street parkingat the end of a cul-de-sac in a primarily SFR neighborhood. Located Just off Saviers Rd tenants enjoy convenient access to thenearby Walmart anchored Centerpoint Mall and Island Plaza while being walking distance to Santa Clara High School andHarrington Elementary School. The site is separately metered for gas and electricity and has individual water heaters. There are(2) onsite laundry rooms and the 24 garage spaces present a prime opportunity for ADU conversion. Units 1-4 in building #165have been rebuilt from the studs including electrical, plumbing, HVAC, and roof due to a fire on the property in 2022. Rents havehistorically been increased on the 1st of each calendar year marking consistency in rental rates throughout the property. Withnearly 25% upside in rental rates this property provides solid long term investment opportunity at a 5.5% CAP rate on Jan 1,2026 rents and an appealing 7.5% CAP rate on market rents.
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Home facts
- Year built:1954
- Listing ID #:V1-32732
- Added:1 day(s) ago
- Updated:October 07, 2025 at 07:29 PM
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1954
- Lot area:1.14 Acres
Finances and disclosures
- Price:$6,250,000
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