541 Cuesta Del Mar Drive, Oxnard, CA 93033
Local realty services provided by:ERA North Orange County Real Estate
541 Cuesta Del Mar Drive,Oxnard, CA 93033
$2,845,000
- 3 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:nick henry
Office:beachside partners
MLS#:V1-31907
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,845,000
About this home
Price just reduced $150k! 14 unit apartment building in S Oxnard offered at a 6.8% cap rate, 9.4 x rents offering great cash flow day 1!! Significant recent improvements including new roof, fresh paint, landscaping, new LED lighting and security gages, 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 right away and will offer annual 4% increases for the next several years allowable under Oxnard local rent control ordinance.
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Home facts
- Listing ID #:V1-31907
- Added:45 day(s) ago
- Updated:October 06, 2025 at 02:05 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
Finances and disclosures
- Price:$2,845,000
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