2461 Balboa Street, Oxnard, CA 93036

Local realty services provided by:ERA North Orange County Real Estate
2461 Balboa Street,Oxnard, CA 93036
$1,495,000
  • 5 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:jose luiz morales
Office:exp realty of california inc
MLS#:V1-29273
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,495,000

About this home

Investor Special - 11 units on nearly 1 acre for under $136K per door, making this one of the best deals in town. Currently generating $9,550 per month in rental income ($114,600 annually), with current rents substantially below market value. Market rents are projected upwards of $17,900 per month ($214,800 annually), offering significant upside potential. Unit mix includes a detached 2 bed/1 bath main house, a detached 2 bed/1 bath unit behind the main house (second bedroom is small and may be considered a 1 bedroom), a detached 1 bed/1 bath manager's unit, five attached 1 bed/1 bath units, and three attached 2 bed/1 bath units (two with bedroom-to-bedroom walk-through layouts). Similar multi-unit properties in Oxnard are currently selling for $200K to $300K per door, while this one is offered at just under $136k per door. An excellent opportunity for cash flow and value-add repositioning.

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Home facts

  • Listing ID #:V1-29273
  • Added:170 day(s) ago
  • Updated:September 29, 2025 at 01:51 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4

Finances and disclosures

  • Price:$1,495,000
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