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Multifamily Property
New
For Sale
$2,350,000

5361 Perkins Road, Oxnard, CA 93033

The property has natural gas service and parking that includes an attached carport and garage.

Property Size7,764 SF
Days on Market5

Property Features for 5361 Perkins Road

General Information

Standard status Active
Size 7,764 SF
Total Parking Spaces 9
Property subtype Residential Income
Net Operating Income $95,506

Amenities

Fishing, Park, Street Lights, Sidewalks
Natural Gas
Gas Cooktop, Gas Water Heater
City Lights
Attached Carport, Assigned, Driveway, Garage

Building Details

Building Size 7,764 SF
Year Built 1961
Buildings 1
Stories 2
Listed By: Leonor Medina Santiago
Source: Evrealestate
Added: Oct 2 Changed: Oct 6 Last Checked: Oct 6 at 2:29AM

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 Leonor Medina Santiago

Investment Insights

Based on property information with market context.

Located at 5361 Perkins Road in Oxnard, this multifamily property was built in 1961. Interior features include natural gas service, a gas cooktop, and a gas water heater. Parking options include an attached carport, assigned parking, a driveway, and a garage.

Key Highlights

  • Built in 1961
  • Natural gas service, gas cooktop, and gas water heater
  • Parking includes an attached carport, assigned spaces, a driveway, and a garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$124,527
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,490,540 $2.5M
Cap Rate 7%
$1,778,957 $1.8M
Cap Rate 9%
$1,383,633 $1.4M
Market Conditions
NOI Build-Up for 7,764 SF
Gross rent
$237.6K $30.60/SF
− Vacancy
−$11.2K −$1.44/SF
EGI
$226.4K $29.16/SF
− OpEx
−$101.9K −$13.12/SF
NOI
$124.5K $16.04/SF
Area
Oxnard, CA
Vacancy
4.70%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,490,540
Cap Rate 7%
$1,778,957
Cap Rate 9%
$1,383,633

Alternative Uses

Best Use
Apartment 5plus
$1.78M
$1.56M – $2.08M (±1% cap)
NOI $124,527 @ 7.0% cap · market cap 5.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.53M
$2.22M – $2.96M (±1% cap)
NOI $177,373 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

553
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - The property has natural gas service and parking that includes an attached carport and garage.
Where is this multifamily property located?
The property is located at 5361 Perkins Road Oxnard, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Built in 1961; Natural gas service, gas cooktop, and gas water heater; Parking includes an attached carport, assigned spaces, a driveway, and a garage
More about this property
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