2461 Balboa Street, Oxnard, CA 93036
  • MLS#: V1-29273 ( )
  • Street Address: 2461 Balboa Street
  • Viewed: 2
  • Price: $1,495,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1946
  • Bldg sqft: 0
  • Days On Market: 15
  • Additional Information
  • County: VENTURA
  • City: Oxnard
  • Zipcode: 93036
  • Subdivision: Oxnard: Other 0036
  • Provided by: eXp Realty of California, Inc
  • Contact: Jose Jose
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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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Features
Assessments
  1. None
Association Fee
  1. 0.00
Building Area Total
  1. 4124.00
Common Walls
  1. 2+ Common Walls
Cooling
  1. None
Electric Expense
  1. 0.00
Fireplace Features
  1. None
Fuel Expense
  1. 5400.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Laundry Features
  1. None
Lockboxtype
  1. Call Listing Office
Lot Features
  1. Sprinklers None
Netoperatingincome
  1. 100800.00
Number Of Separate Electric Meters
  1. 11
Parcel Number
  1. 1450212080
Pool Features
  1. None
Postalcodeplus4
  1. 1754
Sourcesystemid
  1. 2025041120071769132400...
Sourcesystemkey
  1. 20250411200717691324000000:CRF
Spa Features
  1. None
Subdivision Name Other
  1. Oxnard: Other - 0036
Tenant Pays
  1. Electricity
Totalexpenses
  1. 13800.00
Trash Expense
  1. 4800.00
View
  1. None
Water Sewer Expense
  1. 3600.00
Year Built
  1. 1946
Year Built Source
  1. Other