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2461 Balboa Street
USD 1,495,000
Property ID: V1-29273
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2461 Balboa Street ,93036
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icon 34848 SqFt
icon Built in 1946
icon USD 43/SqFt
icon 0 Bed
icon 0 Full
icon --
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Location
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
4124
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1946
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Detailed Introduction Of This Home
Investor Special - 11 units on nearly 1 acre for under $136K per door, making this one of the best deals in town. Currently generating $9,550 per month in rental income ($114,600 annually), with current rents substantially below market value. Market rents are projected upwards of $17,900 per month ($214,800 annually), offering significant upside potential. Unit mix includes a detached 2 bed/1 bath main house, a detached 2 bed/1 bath unit behind the main house (second bedroom is small and may be considered a 1 bedroom), a detached 1 bed/1 bath manager's unit, five attached 1 bed/1 bath units, and three attached 2 bed/1 bath units (two with bedroom-to-bedroom walk-through layouts). Similar multi-unit properties in Oxnard are currently selling for $200K to $300K per door, while this one is offered at just under $136k per door. An excellent opportunity for cash flow and value-add repositioning.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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2461 Balboa Street
USD 1,495,000 0 Beds
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