Property Detail

Description

5 units spanning street to street in Oxnard's La Colonia neighborhood, offering a desirable layout suitable for a family compound or investment property composed of two duplexes -- each with (2) 1BD/1BA units fronting Garfield Ave -- and a standalone 3BD/1BA residence fronting Grant Ave. The front units of the duplexes feature small private yards. All 5 units are separately metered for electricity and gas. The site has 5 off-street, uncovered parking spaces. In 2018 the property underwent upgrades including new Siemens electrical panels, a new concrete driveway, fresh exterior paint and fascia board replacements. With over 35% upside in rental rates this investment offers excellent longterm opportunity.