Nestled in the heart of Oxnard’s desirable Cloverdale subdivision, this rare investment opportunity features 12 rental units spread across 9 separate structures, offering a diverse mix of single-family homes and duplexes. Originally built in the 1950s, the property exudes vintage character and presents a fantastic value-add opportunity for investors.With 10 covered carports and 2 garage spaces, the property offers ample off-street parking–a major plus for tenants. The spacious layout across multiple buildings provides privacy and flexibility, appealing to a wide tenant base.Located in a well-established, residential neighborhood with strong rental demand, this asset is perfect for investors seeking long-term growth potential through renovation and repositioning. Opportunities like this don’t come around often–capitalize on the upside and create your vision in one of Oxnard’s most stable rental markets.
Property Details
Price:
$2,500,000
MLS #:
V1-29461
Status:
Active
Baths:
0
Address:
2644 Cortez Street
Type:
Residential Income
Subdivision:
Cloverdale Subdivision – 0394
Neighborhood:
vc36elrionyelandacres
City:
Oxnard
Listed Date:
Apr 19, 2025
State:
CA
ZIP:
93036
Lot Size:
35,000 sqft / 0.80 acres (approx)
Year Built:
1950
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Schools
Interior
Cooling
None
Heating
Wall Furnace, Natural Gas
Exterior
Community Features
Curbs, Street Lights
Fencing
See Remarks
Garage Spaces
2.00
Lot Features
Sprinklers None
Parking Spots
12.00
Pool Features
None
Spa Features
None
Stories Total
1
View
None
Financial
Association Fee
0.00
Map
Community
- Address2644 Cortez Street Oxnard CA
- AreaVC36 – El Rio / Nyeland Acres
- SubdivisionCloverdale Subdivision – 0394
- CityOxnard
- CountyVentura
- Zip Code93036
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2644 Cortez Street
Oxnard, CA
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