161 W Juniper ST Street new Save Request In-Person Tour Request Virtual Tour
Oxnard,CA 93033
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 22,300 sqft
Price per Sqft $280
MLS Listing ID 25-3727
Year Built 1954
Lot Size 1.140 Acres
Acres 1.14
Lot Dimensions 49658.0
Source Santa Barbara Multiple Listing Service
Property Description
Excellent opportunity to acquire a 24-unit Oxnard apartment building set on over 1 acre of land. 161 W Juniper ST is composed of (24) 2BD/1BA units with 24 garages and ample street parking at the end of a cul-de-sac in a primarily SFR neighborhood. Tenants enjoy convenient access to the nearby Walmart anchored Centerpoint Mall and Island Plaza. There are (2) onsite laundry rooms and the 24 garage spaces present a prime opportunity for ADU conversion. Units 1-4 in building #165 have been rebuilt from the studs including electrical, plumbing, HVAC, and roof due to a fire on the property in 2022. With nearly 25% upside in rental rates this property provides solid long term investment opportunity at a 5.5% CAP rate on Jan 1, 2026 rents and an appealing 7.5% CAP rate on market rents.
Location
State CA
County Ventura
Others
Tax ID 203-0-292-250
Acceptable Financing Cash,Ctnl
Listing Terms Cash,Ctnl