Skip main navigation
For sale
  • Listing Provided by: 

    Jose Luiz Morales DRE #01891119 805-228-4671,

    eXp Realty of California Inc

    Price cut: $100K (7/15)
    $1,999,000

    136 N Garfield Ave, Oxnard, CA 93030

    8beds
    8baths
    3,456sqft
    : 
    Multi Family
    Built in 1940
    -- sqft lot
    $1,932,300 Zestimate®
    $578/sqft
    $-- HOA

    What's special

    Newer roof
    This well-maintained 8-unit apartment complex is a prime opportunity for investors seeking strong, stable returns and long-term upside. Currently bringing in $193,560 annually with a solid 6% cap rate, the property also offers tremendous expansion potential--up to 8 additional ADUs, allowing for a total of 16 rentable units.Each existing unit features 1 bedroom and 1 bathroom, along with designated parking, ensuring privacy and convenience for tenants. Utilities are individually metered for gas and electricity, while the owner covers water and trash, making management straightforward.A newer roof reduces long-term maintenance costs, and the property sits in a high-demand rental location near schools, parks, and essential amenities--highly attractive to tenants.With a recent appraisal of $2,250,000, this property offers exceptional value in a strong rental market. Whether you're an experienced investor looking to expand your portfolio or making your first multifamily acquisition, this is a turnkey opportunity not to be missed.
    35 days
    on Zillow
    |
    325
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 15, 2025 at 04:51pm

    Listing Provided by:

    Jose Luiz Morales DRE #01891119 805-228-4671,

    eXp Realty of California Inc

    Source: CRMLS,MLS#: V1-30619MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 136 N Garfield Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,456
    • Total interior livable area: 3,456 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Assigned
    Features
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,405 Square Feet
    • Features: Sprinklers None
    Details
    • Parcel number: 2010122160
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • Year built: 1940

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    • Subdivision: Oxnard: Other - 0034
    Location
    • Region: Oxnard

    Financial & listing details

    • Price per square foot: $578/sqft
    • Date on market: 6/16/2025
    • Listing terms: Cash,Conventional
    • Loading
    • Loading