2644 2656 Cortez Street, Oxnard, CA 93036

0 beds 0 baths 35,000 sq.ft.

Offerered at: $2,500,000.00

Project/Tract: Cloverdale Subdivision - 0394
County: Ventura
Year Built: 1950
Association Fees: $0.00/mo.

Property Description

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.

ESSENTIAL INFO

  • Status: Active Under Contract
  • Architecture: See Remarks