$2,805,000
$2,500,000 12.2%
Est. payment /mo
Sold on 07/02/2025
2644 2656 Cortez ST Oxnard, CA 93036
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Key Details
Sold Price $2,805,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Cloverdale Subdivision - 0394
MLS Listing ID V1-29461
Year Built 1950
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.
Location
State CA
County Ventura
Area Vc36 - El Rio / Nyeland Acres
Zoning RE-20,000
Interior
Heating Natural Gas, Wall Furnace
Cooling None
Laundry Inside, Outside, See Remarks
Exterior
Garage Spaces 2.0
Garage Description 2.0
Fence See Remarks
Pool None
Community Features Curbs, Street Lights
View Y/N No
View None
Building
Lot Description Sprinklers None
Story 1
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Vicky Cummings eXp Realty of California Inc vickysellshouses@gmail.com
Bought with Grace Lindgren Sotheby's International Realty
Bought with Grace Lindgren Sotheby's International Realty
Sandy Rodriguez
Real Estate Professional | License ID: 01908969
+1(619) 309-7405 | sandy@sandysellssocal.com
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