Two-Unit Duplex with
For Sale
$849,000
835-837 N M Street, Oxnard, CA 93030
Duplex, Oxnard, CA
Property Size1,917 SF
Lot Size0.14 Acres
Price / SF$442.88
Days on Market16
Property Features for 835-837 N M Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
Elementary school district
Ventura Unified School District
Middle school district
Ventura Unified School District
High school district
Ventura Unified School District
Subdivision
VC31 - Oxnard - NW
Standard status
Active
APN
2000150195
Size
1,917 SF
Lot size
0.14 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Water source
Public
Amenities
in-unit washer/dryer
Building Details
Year built
1968
Flooring type
Carpet, Laminate
Listing Agency:
RE/MAX Gold Coast REALTORS · RE/MAX International
(805) 339-3500
Listed By:
Evan Remedios · License #02019559
(805) 415-9650
Added: Sep 8
Changed: Sep 19
Last Checked: Sep 23 at 8:06AM
MLS# V1-38614
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.
Built in 1968, this duplex contains two 2-bedroom, 1-bath residences with a combined 1,917 square feet of living space. The units are currently occupied, and each includes its own in-unit washer and dryer. Flooring consists of carpet and laminate, with central heating serving the property.
The 6,098-square-foot lot provides separate parking features for each residence. The front unit has a private 2-car garage, while the rear unit connects directly to an attached 1-car garage and has additional driveway parking. The driveway backs to a rear alley. Public water and public sewer serve the property, which is located in Oxnard, California.
The 6,098-square-foot lot provides separate parking features for each residence. The front unit has a private 2-car garage, while the rear unit connects directly to an attached 1-car garage and has additional driveway parking. The driveway backs to a rear alley. Public water and public sewer serve the property, which is located in Oxnard, California.
Key Highlights
- Two 2‑bedroom, 1‑bath units totaling 1,917 square feet
- Built in 1968 on a 6,098‑square‑foot lot
- Both units are currently occupied
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
$34,347
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
4.05%
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%
$686,940
$686.9K
Cap Rate 7%
$490,671
$490.7K
Cap Rate 9%
$381,633
$381.6K
Market Conditions
NOI Build-Up for 1,917 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
$51.8K $27.00/SF
− Vacancy
−$2.7K −$1.40/SF
EGI
$49.1K $25.60/SF
− OpEx
−$14.7K −$7.68/SF
NOI
$34.3K $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%
$686,940
Cap Rate 7%
$490,671
Cap Rate 9%
$381,633
Alternative Uses
Best Use
Multifamily LT 5
$490.7K
$429.3K – $572.5K
NOI $34,347 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$439.2K
$384.3K – $512.5K
NOI $30,747 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$625.6K
$547.4K – $729.9K
NOI $43,795 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
407
Businesses Nearby
Explore this area
Business Placement
Demographics for 93030, CA
59,011
Population
15,966
Households
3.7
Avg Household Size
33
Median Age
19%
College-Educated
70%
High-School Grad
14.1 sq mi
ZIP Area
4,185
Density / Sq Mi
$90,067
Median Household Income
$36,217
Median Earnings
$1,853
Median Rent
$639,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully leased duplex with two-bedroom units, private laundry, and dedicated garage parking.
Where is this duplex located?
The property is located at 835-837 N M Street Oxnard, CA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units totaling 1,917 square feet; Built in 1968 on a 6,098‑square‑foot lot; Both units are currently occupied
