540 Cuesta Del Mar Drive, Oxnard, CA 93033
Local realty services provided by:ERA North Orange County Real Estate
540 Cuesta Del Mar Drive,Oxnard, CA 93033
$3,100,000
- - Beds
- - Baths
- 8,700 sq. ft.
- Multi-family
- Active
Listed by: craig lieberman
Office: apartment investment specialis805-320-6646
MLS#:V1-37060
Source:CRMLS
Price summary
- Price:$3,100,000
- Price per sq. ft.:$356.32
About this home
This 14 unit apartment community in South Oxnard presents a compelling opportunity for investors seeking strong cash flow, stable operations, and long term value growth. Priced at $3,100,000 (approximately $221,430 per unit), the property generates an estimated $315,000 in annual gross income, resulting in a highly attractive Gross Rent Multiplier (GRM) of 9.9. The unit mix includes 10 one-bedroom units, 2 two-bedroom units, and 2 three-bedroom units, all surrounding a welcoming central courtyard. Over the past several years, the property has undergone approximately $263,300 in capital improvements, including the recent installation of bathroom exhaust fans in every unit to reduce moisture and improve long term durability. With major upgrades already completed and minimal property deferred maintenance, the next owner can expect stable operations and continued financial performance.
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Home facts
- Year built:1964
- Listing ID #:V1-37060
- Added:1 day(s) ago
- Updated:June 19, 2026 at 10:54 AM
Rooms and interior
- Living area:8,700 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1964
- Building area:8,700 sq. ft.
- Lot area:0.26 Acres
Finances and disclosures
- Price:$3,100,000
- Price per sq. ft.:$356.32
Parking
- Total parking spaces:18
- Parking description:Carport
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