- 15 Beds
- 11 Baths
- .8 Acres
- 108 DOM
2461 Balboa Street
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.
Essential Information
- MLS® #V1-29273
- Price$1,495,000
- Bedrooms15
- Bathrooms11.00
- Acres0.80
- Year Built1946
- TypeResidential Income
- StatusActive
Community Information
- Address2461 Balboa Street
- AreaVC36 - El Rio / Nyeland Acres
- SubdivisionOxnard: Other - 0036
- CityOxnard
- CountyVentura
- Zip Code93036
Amenities
- Parking Spaces11
- ViewNone
- PoolNone
Interior
- CoolingNone
- FireplacesNone
Exterior
- Lot DescriptionSprinklers None
Additional Information
- Date ListedApril 11th, 2025
- Days on Market108
Listing Details
- AgentJose Luiz Morales
- OfficeeXp Realty of California Inc
Price Change History for 2461 Balboa Street, Oxnard, (MLS® #V1-29273)
| Date | Details | Change |
|---|---|---|
| Status Changed from Pending to Active | – | |
| Status Changed from Active to Pending | – |
Jose Luiz Morales, eXp Realty of California Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of July 29th, 2025 at 2:45am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.