541 Cuesta Del Mar Drive, Oxnard, CA 93033
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
541 Cuesta Del Mar Drive,Oxnard, CA 93033
$2,845,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:jason liehr
Office:beachside partners
MLS#:25-3208
Source:SBAOR
Price summary
- Price:$2,845,000
About this home
14 unit apartment building in S Oxnard offered at a 6.8% cap rate, 9.4 x rents, based on rent increases that take effect Dec 1. Significant recent improvements including new roof, fresh paint, landscaping, new LED lighting and security gates, combo door locks and new railing and support posts. 2 units have recently been remodeled. Building features (10) 1BD/1BA and (4) 2BD/1BA along with carport parking. There is an onsite laundry room not currently used that could produce additional income. 2 hot water heaters. Rental rates have an additional approximately 15% upside offering a new owner the opportunity to purchase a building that cash flows day 1 and will offer annual 4% increases for the next several years allowable under Oxnard local rent control ordinance.
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Home facts
- Year built:1962
- Listing ID #:25-3208
- Added:42 day(s) ago
- Updated:October 08, 2025 at 07:58 AM
Structure and exterior
- Year built:1962
- Lot area:0.26 Acres
Schools
- High school:CLA
- Middle school:CLA
- Elementary school:CLA
Finances and disclosures
- Price:$2,845,000
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