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$1,495,000

$6,000Reward *

2461 Balboa Street, Oxnard, CA 93036Listing ID V1-29273

2461 Balboa Street, Oxnard, CA 93036

Active

Oxnard: Other - 0036

Time on site: 449 days • Last updated: Oct 3, 2025

Property Type

Residential Income

Property Sub Type

Square Feet

4,124

Acres

0.8

Days on Site

447

Cooling

None

Year Built

1946

Investor Special - 11 units on nearly 1 acre for under $136K per door, making this one of the best deals in town. Currently generating $9,550 per month in rental income ($114,600 annually), with current rents substantially below market value. Market rents are projected upwards of $17,900 per month ($214,800 annually), offering significant upside potential. Unit mix includes a detached 2 bed/1 bath main house, a detached 2 bed/1 bath unit behind the main house (second bedroom is small and may be considered a 1 bedroom), a detached 1 bed/1 bath manager's unit, five attached 1 bed/1 bath units, and three attached 2 bed/1 bath units (two with bedroom-to-bedroom walk-through layouts). Similar multi-unit properties in Oxnard are currently selling for $200K to $300K per door, while this one is offered at just under $136k per door. An excellent opportunity for cash flow and value-add repositioning.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

V211510862 • VC211513728

2461 Balboa Street, Oxnard, CA 93036

Market Report for 93036

Property Information

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