Multi-Family Residential Income
1431 Casa San Carlos Lane Oxnard, CA 93033
For Sale
$399,000
MULTI_FAMILY - Oxnard, CA
Property Size989 SF
Lot Size0.06 Acres
Price / SF$403.44
Days on Market142
Property Features for 1431 Casa San Carlos Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
- Interior features
- Two Story Ceilings, Granite Counters, Granite Counters, Remodeled Kitchen
- Appliances
- Gas Oven
- Standard status
- Active
- APN
- 2050550505
- Size
- 989 SF
- Lot size
- 0.06 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1971
- Floors in Building
- 2
- Flooring type
- Tile, Carpet
- Roof type
- Shingle
Listing Agency:
RE/MAX Gold Coast REALTORS
(805) 339-3500
Listed By:
Arthur Chavez · License #01439020
(805) 444-3175
Added: Mar 3
Changed: Jul 23
Last Checked: Jul 23 at 2:06PM
MLS# V1-34990
Copyright © 2026 California Regional MLS - Pasadena-Foothills and Ventura County Coastal. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multi-family residential income property is a small complex offered for sale. Recent improvements include a newly installed gas heater, a recently replaced roof, and kitchen upgrades featuring granite countertops and tile flooring. The property has also had kitchen cabinets replaced with granite counter tops and tile flooring.
The asset is located at 1431 Casa San Carlos Lane in Oxnard, California 93033, in Ventura County. The sale is subject to cancellation of the current escrow, and buyers are advised to complete their own due diligence.
With a property size of 989 square feet, this is a compact multifamily offering. Prospective buyers should review the condition and all operational details as part of their due diligence.
The asset is located at 1431 Casa San Carlos Lane in Oxnard, California 93033, in Ventura County. The sale is subject to cancellation of the current escrow, and buyers are advised to complete their own due diligence.
With a property size of 989 square feet, this is a compact multifamily offering. Prospective buyers should review the condition and all operational details as part of their due diligence.
Key Highlights
- Year built 1971
- Brand new gas heater installed
- New roof installed on the complex
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.3k | $30.60 |
| − Vacancy | −$1.4k | −$1.44 |
| EGI | $28.8k | $29.16 |
| − OpEx | −$13.0k | −$13.12 |
| NOI | $15.9k | $16.04 |
989 SF · lease $30.60/SF/yr · vacancy 4.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$226.6K
$198.3K – $264.4K
NOI $15,863 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$322.8K
$282.4K – $376.6K
NOI $22,594 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
FAQs
What type of property is this?
Multifamily property - Residential income multi-family complex with recent roof updates, new kitchen cabinets with granite counters, and a new gas heater.
Where is this multifamily property located?
The property is located at 1431 Casa San Carlos Lane Oxnard, CA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Year built 1971; Brand new gas heater installed; New roof installed on the complex
