Oxnard, CA 93036 2644 2656 Cortez Street
$2,500,000
Pending
67 more
Presented By: Vicky Cummings with eXp Realty of California Inc; vickysellshouses@gmail.com
Beds • 2
Baths • 1
Garage • 2
Year Built • 1950
Home Details
Nestled in the heart of Oxnard's desirable Cloverdale subdivision, this rare investment opportunity features 12 rental units spread across 9 separate structures, offering a diverse mix of single-family homes and duplexes. Originally built in the 1950s, the property exudes vintage character and presents a fantastic value-add opportunity for investors.With 10 covered carports and 2 garage spaces, the property offers ample off-street parking--a major plus for tenants. The spacious layout across multiple buildings provides privacy and flexibility, appealing to a wide tenant base.Located in a well-established, residential neighborhood with strong rental demand, this asset is perfect for investors seeking long-term growth potential through renovation and repositioning. Opportunities like this don't come around often--capitalize on the upside and create your vision in one of Oxnard's most stable rental markets.
Presented By: Vicky Cummings with eXp Realty of California Inc; vickysellshouses@gmail.com
Interior Features for 2644 2656 Cortez Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesAllBedroomsDown
Laundry FeaturesInside, Outside, SeeRemarks
Total Stories1
General for 2644 2656 Cortez Street
Additional Parcels Y/NNo
Architectural StyleSeeRemarks
Attached Garage No
Carport Spaces10.0
Carport Y/NYes
CityOxnard
Community FeaturesCurbs, StreetLights
Construction MaterialsStucco, WoodSiding
CoolingNone
CountyVentura
DirectionsTake Rose or Vineyard exit off the 101 and turn down frontage road on north side of freeway. Turn on Cortez St. Property is down on the right side of the street.
Electric On Property Y/NNo
Expected Active Date 2025-04-22
Garage Spaces2.0
Garage Y/NYes
Gross Income137980.6
HOANo
HOA Fee$0.0
HeatingNaturalGas, WallFurnace
Home Warranty Y/NNo
Insurance Expense4818.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet35000.0
Lot Size UnitsSquareFeet
MLS AreaVC36 - El Rio / Nyeland Acres
MobileHomeRemainsYNNo
Net Operating Income105859.71
New ConstructionNo
Number Of Units Total12
Operating Expense32120.89
Pool FeaturesNone
Property Attached Y/NYes
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Subdivision NameCloverdale Subdivision - 0394
Trash Expense3181.5
ViewNone
Year Built1950
Year Built SourceAppraiser
ZoningRE-20, 000
Exterior for 2644 2656 Cortez Street
Crops Included Y/NNo
FencingSeeRemarks
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSprinklersNone
Lot Size Acres0.8035
Lot Size Area35000.0
Lot Size SourceAppraiser
Number of Buildings9
Number of Separate Electric Meters12
Number of Separate Gas Meters12
Number of Separate Water Meters12
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking12.0
Waterfront Y/NNo
Additional Details
Price History
Alexandra Eston
Sales Associate
