Description
24-unit well maintained Oxnard apartment building with ideal unit mix in central location off Oxnard BLVD and W Gonzales RD across from Lowes offered at 11.4 x rents, 5.7% CAP rate. Significant recent capital expenditures invested into building including new roof, fresh exterior paint and majority of downstairs units replumbed. 560 W Gonzales RD features (6) 2BD/2BA, (6) 2BD/1BA and (12) 1BD/1BA apartments set on a 30,492 SF lot. The 32 garage spaces offer an excellent potential value add play for ADU conversion. Courtyard style 2-story building with laundry room and separately metered for gas and electric. Several units in rear have large decks. Solid long term investment opportunity for a well-located building with spacious units that will always be in high demand from tenants.
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0.7ACRES
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01/2 BATHS
School Ratings & Info
Description
24-unit well maintained Oxnard apartment building with ideal unit mix in central location off Oxnard BLVD and W Gonzales RD across from Lowes offered at 11.4 x rents, 5.7% CAP rate. Significant recent capital expenditures invested into building including new roof, fresh exterior paint and majority of downstairs units replumbed. 560 W Gonzales RD features (6) 2BD/2BA, (6) 2BD/1BA and (12) 1BD/1BA apartments set on a 30,492 SF lot. The 32 garage spaces offer an excellent potential value add play for ADU conversion. Courtyard style 2-story building with laundry room and separately metered for gas and electric. Several units in rear have large decks. Solid long term investment opportunity for a well-located building with spacious units that will always be in high demand from tenants.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T21:27:47.783. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.