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Renovated Residential Income Property

1431 Casa San Carlos Lane Oxnard, CA 93033

1431 Casa San Carlos Lane, Oxnard, CA, 93033
$399,000
For Sale
$399,000

MULTI_FAMILY - Oxnard, CA

Property Size989 SF
Lot Size0.06 Acres
Price / SF$403.44
Days on Market136

Property Features for 1431 Casa San Carlos Lane

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Rooms
Bedroom 2, Bedroom 1
Standard status
Active
APN
2050550505
Size
989 SF
Lot size
0.06 Acres

Building Details

Year built
1971
Floors in Building
2
Listing Agency RE/MAX Gold Coast REALTORS
5720 Ralston #100, Ventura, CA 93003, Ventura, CA
Listed by Arthur Chavez · License #01439020
Added: Mar 3 Checked: Jul 17 at 6:06 am
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 residential income property in Oxnard, California includes several recent upgrades across the complex. A brand-new gas heater has been installed, and the roof was recently replaced. Interior improvements include replacement of kitchen cabinets with granite countertops and tile flooring.

The offering is subject to cancellation of the current escrow, and buyers are encouraged to complete their own due diligence.

The property is listed for sale as a multifamily asset and is sized at 989 square feet.

Key Highlights

  • Year built: 1971
  • Brand new gas heater installed
  • New roof on the complex recently replaced

Local 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 (±1% cap)
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 (±1% cap)
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

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Pharmacy Dental Office Computer & Electronic Repair Restaurant Skin Care Clinic Acupuncture Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Multifamily property - Oxnard income property with a newly installed gas heater and recent roof, kitchen cabinet, granite, and tile upgrades.
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 on the complex recently replaced
Contact an agent
More about this property
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