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Six-Unit Apartment Building
New
For Sale
$1,400,000
Pending

939 S Ventura Rd, Oxnard, CA 93030

The property includes a mix of one-, two-, and three-bedroom apartments.

Property Size5,146 SF
Days on Market2

Property Features for 939 S Ventura Rd

General Information

Standard status Pending
Size 5,146 SF
Property subtype Investment

Units

Unit Mix 2 x 1BR/1BA, 2 x 2BR/1BA, 2 x 3BR/1.5BA
Multifamily Units 6

Building Details

Building Size 5,146 SF
Year Built 1959
Units 6
Listing Agency: Apartment Investment Specialists - Lieberman
Listed By: Craig Lieberman · License #00682741
Source: Elliman
Added: Oct 16 Last Checked: Oct 16 at 2:09PM

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 Apartment Investment Specialists - Lieberman

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Investment Insights

Based on property information with market context.

Built in 1959, this apartment property contains six units: two one-bedroom, one-bathroom apartments, two two-bedroom, one-bathroom apartments, and two three-bedroom, one-and-a-half-bathroom apartments.

The property is at 939 S Ventura Rd in Oxnard. Its bike score is 54, walk score is 38, and transit score is 29.

Key Highlights

  • Six apartments in three bedroom configurations
  • Two 1‑bedroom/1‑bathroom units
  • Two 2‑bedroom/1‑bathroom units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$82,537
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,650,740 $1.7M
Cap Rate 7%
$1,179,100 $1.2M
Cap Rate 9%
$917,078 $917.1K
Market Conditions
NOI Build-Up for 5,146 SF
Gross rent
$157.5K $30.60/SF
− Vacancy
−$7.4K −$1.44/SF
EGI
$150.1K $29.16/SF
− OpEx
−$67.5K −$13.12/SF
NOI
$82.5K $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%
$1,650,740
Cap Rate 7%
$1,179,100
Cap Rate 9%
$917,078

Alternative Uses

Best Use
Apartment 5plus
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,537 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M (±1% cap)
NOI $117,563 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Parking Lot & Garage Electrical Service HVAC Service

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

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

601
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The property includes a mix of one-, two-, and three-bedroom apartments.
Where is this apartment building located?
The property is located at 939 S Ventura Rd Oxnard, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Six apartments in three bedroom configurations; Two 1‑bedroom/1‑bathroom units; Two 2‑bedroom/1‑bathroom units
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