CA > Oxnard > Cloverdale Subdivision - 0394
Oxnard, CA 93036,2644 2656 Cortez ST
Kevin Scott
Kevin Scott

Agent | DRE 01958725

+1(310) 806-2738

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$ 2,805,000

$ 2,500,000 12.2%

Est. payment | /mo

$ 2,805,000

$ 2,500,000 12.2%

Est. payment | /mo

Key Details

Sold Price $2,805,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Subdivision Cloverdale Subdivision - 0394

MLS Listing ID V1-29461

Sold Date 07/02/25

HOA Y/N No

Year Built 1950

Property Description

Nestled in the heart of Oxnard's desirable Cloverdale subdivision, this rare investment opportunity features 12 rental units spread across 9 separate structures, offering a diverse mix of single-family homes and duplexes. Originally built in the 1950s, the property exudes vintage character and presents a fantastic value-add opportunity for investors.With 10 covered carports and 2 garage spaces, the property offers ample off-street parking--a major plus for tenants. The spacious layout across multiple buildings provides privacy and flexibility, appealing to a wide tenant base.Located in a well-established, residential neighborhood with strong rental demand, this asset is perfect for investors seeking long-term growth potential through renovation and repositioning. Opportunities like this don't come around often--capitalize on the upside and create your vision in one of Oxnard's most stable rental markets.

Location

State CA

County Ventura

Area Vc36 - El Rio / Nyeland Acres

Zoning RE-20,000

Interior

Interior Features All Bedrooms Down

Heating Natural Gas, Wall Furnace

Cooling None

Fireplace Yes

Laundry Inside, Outside, See Remarks

Exterior

Garage Spaces 2.0

Carport Spaces 10

Garage Description 2.0

Fence See Remarks

Pool None

Community Features Curbs, Street Lights

View Y/N No

View None

Total Parking Spaces 12

Private Pool No

Building

Lot Description Sprinklers None

Story 1

Architectural Style See Remarks

Others

Senior Community No

Tax ID 1450190090

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Private,Trade

Special Listing Condition Standard

CRMLS – RECore
Listed by Vicky Cummings eXp Realty of California Inc vickysellshouses@gmail.com
Bought with Grace Lindgren Sotheby's International Realty

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+1(310) 806-2738
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2644 2656 Cortez ST