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    Gonzales Rd Oxnard, CA 93030

    For Sale
    $6,300,000

    24-unit apartment building with value-add potential in central Oxnard.

    Property size:
    22,267 SF
    Lot size:
    0.70 Acres

    Property Features for Gonzales Rd

    General Information

    Standard status
    Active
    Size
    22,267 SF
    Lot size
    0.70 Acres

    Building Details

    Year built
    1960

    Source: BEACHSIDE PARTNERS Agent DATASHARE CR DON'T DELETE DEFAULT AGENT

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Oxnard Apartment Building

    This well-maintained 24-unit apartment building is located in a central Oxnard location off Oxnard Boulevard and West Gonzales Road, across from Lowe's. The property features an ideal unit mix consisting of six 2-bedroom/2-bathroom units, six 2-bedroom/1-bathroom units, and twelve 1-bedroom/1-bathroom apartments. The building is situated on a 30,492 square foot lot. Recent capital expenditures include a new roof, fresh exterior paint, and replumbing of downstairs units. The property includes 32 garage spaces, offering potential for ADU conversion. This courtyard-style, two-story building has a laundry room and is separately metered for gas and electric. Individual water heaters are present. Several units in the rear of the property have large decks. The property offers a solid long-term investment opportunity due to its location and spacious units.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Oxnard
    County
    Ventura
    State
    California
    Longitude
    -119.1757012
    Latitude
    34.2184626

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    FAQs

    What type of property is this?
    Apartment building - 24-unit apartment building with value-add potential in central Oxnard.
    Where is this apartment building located?
    The property is located at Gonzales Rd Oxnard, CA.
    What is the asking price?
    The asking price for this property is $6,300,000.
    What are key features of this property?
    This property features: - High 5.7% CAP rate and 11.4 x current rents indicate strong investment potential.; - Recent significant capital expenditures, including a new roof and replumbing, reduce immediate maintenance concerns.; - Excellent value-add potential with **32 garage spaces suitable for ADU conversion.**
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    Gonzales Rd Oxnard, CA 93030
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    Oxnard, CA 93030
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Gonzales Rd Oxnard, CA 93030
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