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    5401 Perkins Rd Oxnard, CA 93033

    For Sale
    $2,375,000

    Oxnard 9-unit apartment near schools, parks, and Navy Base.

    Property Features for 5401 Perkins Rd

    General Information

    Standard status
    Active

    Building Details

    Year built
    1961

    Source: BEACHSIDE PARTNERS Agent NICHOLAS HENRY

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

    Overview

    Well-Maintained 9-Unit Apartment Building

    This well-maintained 9-unit apartment building is located in Oxnard, California, near schools, parks, shopping, a Navy Base, and a deepwater Port. The property features a secure gated entry and consists of two 2-bedroom/2-bathroom units, six 2-bedroom/1-bathroom units, and one 1-bedroom/1-bathroom unit. The building totals 7,764 square feet and is situated on a 9,583 square foot lot. There are two garages in the front and carports in the rear, offering potential for ADU conversion. The two garages, currently used by the owner, will be delivered vacant, providing immediate upside for rental or ADU conversion. The property is separately metered for electricity and gas and includes an on-site laundry room. Dual pane windows are in place, and the building has been recently painted. Other improvements include new exterior lighting and new hot and cold water lines in several units. Several interiors have been updated over the last few years. The property is offered at 11.4 times the current rents and a 5.2% cap rate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oxnard
    County
    Ventura
    State
    California
    Longitude
    -119.1842158
    Latitude
    34.1502161

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    FAQs

    What type of property is this?
    Apartment building - Oxnard 9-unit apartment near schools, parks, and Navy Base.
    Where is this apartment building located?
    The property is located at 5401 Perkins Rd Oxnard, CA.
    What is the asking price?
    The asking price for this property is $2,375,000.
    What are key features of this property?
    This property features: - Well-maintained 9-unit apartment building in Oxnard with a desirable unit mix.; - Potential for ADU conversion with 2 vacant garages delivered at closing.; - Prime location near schools, parks, shopping, Navy Base, and deepwater Port.
    Request Owner's contact information
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    Oxnard, CA 93033
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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
    5401 Perkins Rd Oxnard, CA 93033
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