161 Juniper Street, Oxnard, CA 93033
  • MLS#: V1-32732 ( )
  • Street Address: 161 Juniper Street
  • Viewed: 6
  • Price: $6,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1954
  • Bldg sqft: 0
  • Days On Market: 11
  • Additional Information
  • County: VENTURA
  • City: Oxnard
  • Zipcode: 93033
  • Subdivision: Oxnard: Other 0033
  • Provided by: Beachside Partners
  • Contact: Nick Nick
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Excellent opportunity to acquire a 24 unit Oxnard apartment building set on over 1 acre of land with ideal unit mix and significantlong term upside in rental rates. 161 W Juniper ST is composed of (24) 2BD/1BA units with 24 garages and ample street parkingat the end of a cul de sac in a primarily SFR neighborhood. Located Just off Saviers Rd tenants enjoy convenient access to thenearby Walmart anchored Centerpoint Mall and Island Plaza while being walking distance to Santa Clara High School andHarrington Elementary School. The site is separately metered for gas and electricity and has individual water heaters. There are(2) onsite laundry rooms and the 24 garage spaces present a prime opportunity for ADU conversion. Units 1 4 in building #165have been rebuilt from the studs including electrical, plumbing, HVAC, and roof due to a fire on the property in 2022. Rents havehistorically been increased on the 1st of each calendar year marking consistency in rental rates throughout the property. Withnearly 25% upside in rental rates this property provides solid long term investment opportunity at a 5.5% CAP rate on Jan 1,2026 rents and an appealing 7.5% CAP rate on market rents.
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Features
Appliances
  1. None
Assessments
  1. None
Association Fee
  1. 0.00
Common Walls
  1. No Common Walls
Cooling
  1. None
Country
  1. US
Electric Expense
  1. 0.00
Fencing
  1. None
Fireplace Features
  1. None
Fuel Expense
  1. 0.00
Garage Spaces
  1. 24.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 0.00
Laundry Features
  1. Community
Lockboxtype
  1. Call Listing Office
Lot Features
  1. Sprinklers None
Netoperatingincome
  1. 0.00
Number Of Separate Electric Meters
  1. 25
Number Of Separate Gas Meters
  1. 25
Parcel Number
  1. 2030292250
Parking Features
  1. Garage
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Sourcesystemid
  1. 2025100717193210670100...
Sourcesystemkey
  1. 20251007171932106701000000:CRF
Spa Features
  1. None
Subdivision Name Other
  1. Oxnard: Other - 0033
Totalexpenses
  1. 0.00
Trash Expense
  1. 0.00
View
  1. None
Water Sewer Expense
  1. 0.00
Year Built
  1. 1954
Year Built Source
  1. Assessor