Keegan Cin | Realtor® | License # DRE 01971604

Property

Oxnard, CA 93030 136 N Garfield Avenue

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Presented By: Jose Luiz Morales with eXp Realty of California Inc;
  • MLS# V130619
  • 06/17/2025
  • Request Tour
  • Request Info
  • Beds • 1
  • Baths • 1
  • SQFT • 3,456
  • Year Built • 1940

Home Details

Generating $193,560 in annual rental income and delivering a solid 6% cap rate, with potential for up to 8 ADUs, this well-maintained 8-unit apartment complex presents a fantastic opportunity for investors seeking steady income and long-term value. Each of the eight units offers 1 bedroom and 1 bathroom, along with its own designated parking space, ensuring convenience and privacy for tenants.All units are separately metered for gas and electricity, allowing for straightforward utility management, while the owner covers water and trash services. The property also features a newer roof, reducing future maintenance costs and offering added peace of mind. Ideally located in a desirable neighborhood near schools, parks, and other essential amenities, this complex is highly attractive to renters.The property was recently appraised at $2,250,000, making this an exceptional value in a strong rental market. Whether you're looking to expand your portfolio or make your first multifamily investment, this is a turnkey opportunity not to be missed.
Presented By: Jose Luiz Morales with eXp Realty of California Inc;

Interior Features for 136 N Garfield Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone

General for 136 N Garfield Avenue

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityOxnard
Community FeaturesStreetLights, Sidewalks
CoolingNone
CountyVentura
DirectionsFollow US-101 N to N Rose Ave in Oxnard. Take exit 61 from US-101 N. Continue on N Rose Ave. Take E Colonia Rd to N Garfield Ave
Electric On Property Y/NNo
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional
Lot Size Square Feet7405.0
Lot Size UnitsSquareFeet
MLS AreaVC34 - Oxnard - Southeast
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Operating Expense0.0
Pool FeaturesNone
Property Attached Y/NYes
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameOxnard: Other - 0034
Trash Expense0.0
ViewNone
Water Sewer Expense8500.0
Year Built1940
Year Built SourceOther

Exterior for 136 N Garfield Avenue

Building Area Total3456.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSprinklersNone
Lot Size Acres0.17
Lot Size Area7405.0
Number of Buildings2
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking8.0
Waterfront Y/NNo

Additional Details

Price History

Keegan Cin

Team Lead
Price $2,099,000
MLS#V130619
List Date 06/17/2025
Property Type Multi-Family
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