$949,000
A golden investment opportunity awaits in one of Oxnard's most sought-after neighborhoods, presenting a standout CAP rate that aligns perfectly with today's market demands, ideal for investors seeking strong, reliable returns with minimal operating expenses. This 2020-built triplex delivers modern, hassle-free ownership with three detached 1-bedroom, 1-bathroom homes, each meticulously designed from the ground up. Located in a high-demand rental market, it offers an exceptional chance to secure steady cash flow while keeping maintenance costs low. Every detail has been thoughtfully executed, with all-new plumbing, electrical, HVAC systems, and dual-pane windows ensuring efficiency and longevity. The interiors shine with contemporary upgrades, including stylish flooring, cabinetry, countertops, vanities, and appliances. Built to meet today's standards, the professionally underpinned foundations provide lasting peace of mind. Tenants will appreciate the privacy of fully fenced yards for each home, while a shared laundry room and ample driveway and street parking enhance convenience. These features not only attract quality renters but also minimize turnover, further boosting your bottom line. With its turnkey condition, excellent income potential, and a highly competitive CAP rate, this property is a rare gem for any investor looking to capitalize on Oxnard's thriving market. Don't miss your chance to secure a truly lucrative asset!
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Listed by Henry Denker with Compass (310) 230-5744
Property Type
Residential Income
Status
Active
MLS Number
26830101
Year Built
1937
Lot Size
3,920 sq ft