2461 Balboa Street Oxnard CA 93036 MLS #V1-29273

2461 Balboa Street
Oxnard, CA, 93036
$1,495,000
Beds
0 Baths
SqFt
0.8 Acres
$1,495,000
2461 Balboa Street
Oxnard, CA, 93036
MLS #V1-29273 image #0MLS #V1-29273 image #1MLS #V1-29273 image #2MLS #V1-29273 image #3MLS #V1-29273 image #4MLS #V1-29273 image #5MLS #V1-29273 image #6MLS #V1-29273 image #7MLS #V1-29273 image #8MLS #V1-29273 image #9MLS #V1-29273 image #10
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.

Property Details

Price:
$1,495,000
MLS #:
V1-29273
Status:
Active
Baths:
0
Type:
Residential Income
Subdivision:
Oxnard: Other – 0036
Neighborhood:
vc36elrionyelandacres
Listed Date:
Apr 11, 2025
Lot Size:
34,848 sqft / 0.80 acres (approx)
Year Built:
1946
Vc36elrionyelandacresOxnard: Other – 0036

Schools

Interior

Cooling
None
Laundry Features
None

Exterior

Community Features
Street Lights
Parking Spots
11.00

Financial

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Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

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Current real estate data for Residential Income in Oxnard as of Aug 26, 2025
25
Residential Income Listed
93
Avg DOM
$3,344,136
Avg List Price

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Property Summary

    Located in the Oxnard: Other – 0036 subdivision, 2461 Balboa Street Oxnard CA is a Residential Income for sale in Oxnard, CA, 93036. It is listed for $1,495,000 To schedule a showing of MLS#v1-29273 at 2461 Balboa Street in Oxnard, CA, contact your James Outland agent at 8057482262.
2461 Balboa Street
Oxnard, CA