Triplex with Three
For Sale
Under Contract
$1,150,000
4811 Petit Drive, Oxnard, CA 93033
Oxnard, CA
Property Size3,794 SF
Lot Size0.14 Acres
Price / SF$303.11
Days on Market19
Property Features for 4811 Petit Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Garage
Appliances
Electric Range
Subdivision
Pleasant Valley Estates 1 - 222701
Standard status
Active Under Contract
APN
2220134025
Size
3,794 SF
Lot size
0.14 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public
Building Details
Year built
1964
Floors in Building
2
Flooring type
Laminate, Tile
Roof type
Shingle
Architectural style
Other
Listing Agency:
RE/MAX Gold Coast-Beach Marina Office · RE/MAX International
(805) 382-9441
Listed By:
Javier Castro · License #01342011
(805) 469-5221
Added: Sep 26
Changed: Oct 12
Last Checked: Oct 14 at 4:06AM
MLS# V1-38947
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 1964 Oxnard triplex contains 3,794 square feet across three residences on a 0.14-acre lot. The front residence has three bedrooms and two bathrooms; the other two each have two bedrooms and two bathrooms. All three include a two-car garage and interior laundry hookups. One residence features a wood-burning fireplace. Updated windows are also noted.
The property has one shared water meter and separate electric meters, with all-electric service. Public water and sewer serve the site. Tenants are expected to remain in place at closing. The property is described as minutes from beaches, shopping centers, and schools serving all grade levels.
The property has one shared water meter and separate electric meters, with all-electric service. Public water and sewer serve the site. Tenants are expected to remain in place at closing. The property is described as minutes from beaches, shopping centers, and schools serving all grade levels.
Key Highlights
- Three residences: one with 3 bedrooms and 2 bathrooms; two with 2 bedrooms and 2 bathrooms each
- 3,794‑square‑foot triplex on a 0.14‑acre lot
- Three two‑car garages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,978
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
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
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 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 5.91%
Second Best
Apartment 5plus
$869.3K
$760.7K – $1.01M
NOI $60,852 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,676 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
3
Residential units
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Three occupied residences offer separate layouts, private laundry hookups, and individual electric meters.
Where is this triplex located?
The property is located at 4811 Petit Drive Oxnard, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Three residences: one with 3 bedrooms and 2 bathrooms; two with 2 bedrooms and 2 bathrooms each; 3,794‑square‑foot triplex on a 0.14‑acre lot; Three two‑car garages
