South Oxnard Triplex
For Sale
$1,100,000
Pending
4720 Cloyne Street, Oxnard, CA 93033
Triplex in South Oxnard, great investment or owner-user potential.
Property Size3,794 SF
Days on Market98
Property Features for 4720 Cloyne Street
General Information
Standard status
Pending
Size
3,794 SF
Total Parking Spaces
6
Property subtype
Residential Income
Amenities
Two
Detached/No Common Walls
Range
No, None
No
Building Details
Year Built
1964
Listing Agency:
Castro Realty Company
(805) 797-4524
Listed By:
Yolanda Castro · License #01406193
(805) 797-4524
Source:
Compass
Added: May 24
Changed: Aug 23
Last Checked: Jul 24 at 5:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Castro Realty Company
Investment Insights
Based on property information with market context.
This triplex in South Oxnard presents an opportunity for acquisition. According to public records, the property comprises three units, offering investment and owner-user potential. The location provides convenient access to schools, shopping centers, parks, and beaches, as well as major transportation routes. The property is being sold strictly as-is and is subject to foreclosure proceedings. The sale is contingent upon lender approval and potential postponement of the trustee sale. Prospective buyers are advised to conduct their own due diligence regarding the property's condition, permits, occupancy, rent control regulations, and all other relevant aspects. Please note that this is a drive-by only; occupants are not to be disturbed. Offers are subject to inspection.
Key Highlights
- Triplex property offers investment and/or owner‑user potential.
- Convenient location near schools, shopping, parks, and beaches.
- Easy access to major transportation routes.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$67,978
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,359,560
$1.4M
Cap Rate 7%
$971,114
$971.1K
Cap Rate 9%
$755,311
$755.3K
Market Conditions
NOI Build-Up for 3,794 SF
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.
Gross rent
$102.4K $27.00/SF
− Vacancy
−$5.3K −$1.40/SF
EGI
$97.1K $25.60/SF
− OpEx
−$29.1K −$7.68/SF
NOI
$68.0K $17.92/SF
Area
Oxnard, CA
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,359,560
Cap Rate 7%
$971,114
Cap Rate 9%
$755,311
Alternative Uses
Best Use
Multifamily LT 5
$971.1K
$849.7K – $1.13M
NOI $67,978 @ 7.0% cap · market cap 6.18%
Second Best
Apartment 5plus
$869.3K
$760.7K – $1.01M
NOI $60,852 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,676 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
Explore this area
Business Placement
Demographics for 93033, CA
79,539
Population
17,523
Households
4.5
Avg Household Size
32
Median Age
11%
College-Educated
57%
High-School Grad
32.2 sq mi
ZIP Area
2,470
Density / Sq Mi
$85,848
Median Household Income
$32,675
Median Earnings
$1,810
Median Rent
$549,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex in South Oxnard, great investment or owner-user potential.
Where is this triplex located?
The property is located at 4720 Cloyne Street Oxnard, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Triplex property offers investment and/or owner‑user potential.; Convenient location near schools, shopping, parks, and beaches.; Easy access to major transportation routes.
