Nestled in the heart of Oxnard's desirable Cloverdale subdivision, this rare investment opportunity features 12 rental units spread across 9 separate structures, offering a diverse mix of single-family homes and duplexes. Originally built in the 1950s, the property exudes vintage character and presents a fantastic value-add opportunity for investors.With 10 covered carports and 2 garage spaces, the property offers ample off-street parking--a major plus for tenants. The spacious layout across multiple buildings provides privacy and flexibility, appealing to a wide tenant base.Located in a well-established, residential neighborhood with strong rental demand, this asset is perfect for investors seeking long-term growth potential through renovation and repositioning. Opportunities like this don't come around often--capitalize on the upside and create your vision in one of Oxnard's most stable rental markets.
Property Type(s):
Residential Income
|
Last Updated
|
4/22/2025
|
Tract
|
Cloverdale Subdivision - 0394
|
|
Year Built
|
1950
|
Community
|
El Rio / Nyeland Acres
|
|
Garage Spaces
|
2.0
|
County
|
Ventura
|
Additional Details
| AIR |
None |
| AREA |
El Rio / Nyeland Acres |
| CONSTRUCTION |
Stucco, Wood Siding |
| FIREPLACE |
Yes |
| GARAGE |
Yes |
| HEAT |
Natural Gas, Wall Furnace |
| HOA DUES |
0 |
| INTERIOR |
All Bedrooms Down |
| LOT |
0.8 acre(s) |
| LOT DESCRIPTION |
Sprinklers None |
| POOL DESCRIPTION |
None |
| STORIES |
1 |
| STYLE |
Other |
| SUBDIVISION |
Cloverdale Subdivision - 0394 |
| VIEW DESCRIPTION |
None |
| ZONING |
RE-20,000 |
Location
Listed with eXp Realty of California
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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