541 Cuesta Del Mar Drive, Oxnard, CA 93033
Property
Sold December 2025
Listing Agent: Nick Henry (DRE #01748131) · Listing Office: Beachside Partners · Contact: (805) 626-0112 · Bought with: Jerry Lopez · Bella Casa Real Estate · MLS #V1-31907 · Source: CRMLS
About this property
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.
Listing description from the December 2025 sale, as reported to CRMLS.
Sale history