2644 2656 Cortez ST new

Oxnard,CA 93036

$ 2500000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Cloverdale Subdivision - 0394

MLS Listing ID V1-29461

Year Built 1950

Lot Size 0.803 Acres

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

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