$1,495,000
2461 Balboa Street
Oxnard, CA, 93036
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
Schools
Interior
Cooling
None
Fireplace Features
None
Exterior
Community Features
Street Lights
Garage Spaces
0.00
Lot Features
Sprinklers None
Parking Spots
11.00
Pool Features
None
Spa Features
None
View
None
Financial
Association Fee
0.00
Tenant Pays
Electricity
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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Map
Current real estate data for Residential Income in Oxnard as of Aug 08, 2025
29
Residential Income Listed
78
Avg DOM
$2,911,428
Avg List Price
Community
- Address2461 Balboa Street Oxnard CA
- NeighborhoodVC36 – El Rio / Nyeland Acres
- SubdivisionOxnard: Other – 0036
- CityOxnard
- CountyVentura
- Zip Code93036
Subdivisions in Oxnard
- Agee 0322
- Aldea Del Mar 1 514801
- Bartolo Square – 340
- Bryce Canyon – 3650
- Cabrillo Park – 0326
- California Cove – 4492
- California Lighthouse 10 – 4810
- Carty Tract – 0331
- Casa Dulce – 538902
- Casa Marina – 4596
- Casa San Carlos – 2100
- Channel Island Park I – 2158
- Colonia Homes Gardens – 0337
- Courtland Park – 2787
- Diamond Bar Rancho 2 – 134002
- Dover Square 2 – 145202
- Driftwood Swim & Racquet Club – 2067
- Dunes Beach Area – 1567
- Dunkirk Drive II – 5640
- Eastwood – Lathrop – 0323
- Fashion Park Place – 0374
- Fremont Square – 0334
- Harborwalk
- Harborwalk – 0305
- Harbour Island 1 – 413201
- Hollywood Beach – 0302
- Hollywood By The Sea – 0303
- Imperial Oxnard MHP – 037004
- Imperial Oxnard MHP – 37004
- Kamala Park Homes – 0344
- Kona Kai MHP – 037005
- La Casa Dorado – 139706
- La Colonia
- La Colonia – 0318
- Las Brisas
- Lemonwood Estates 1 – 209101
- Mandalay Bay 01 – 202601
- Mandalay Bay 03 – 202603
- Mandalay Bay 3 – 190403
- Marina Vista 1 – 167401
- Meadowlake MHP – 0311
- Meadowlake MHP – 1002762
- Monterey at Harborside 6 – 426806
- New Carriage Square – 2339
- Northstar – 442402
- Oceanaire MHP – 037007
- Orchard Lane Terrace – 2464
- Oxnard Beach: Other – 0032
- Oxnard Estates North – 1341
- Oxnard Park Subdivision – 0325
- Oxnard Shores – 2766
- Oxnard Shores 01 – 127701
- Oxnard Shores 03 – 127703
- Oxnard Shores 29 – 3929
- Oxnard Shores 38 – 2038
- Oxnard Shores 6 – 1216
- Oxnard Shores 8 – 2788
- Oxnard Shores MHP – 030701
- Oxnard Shores: Beachview – Driftwood – 1056
- Oxnard Shores: Driftwood 1 – 2901
- Oxnard Shores: Mandalay Beach Condos – 4550
- Oxnard Shores: Mandalay Shores 1 – 4651
- Oxnard Shores: Neptune Square 4 – 2814
- Oxnard: Other – 0031
- Oxnard: Other – 0033
- Oxnard: Other – 0034
- Oxnard: Other – 0036
- Pacific Coast Condos – 3089
- Pacific Park 1 – 223601
- Pacific Park North 1 – 229201
- Palm Tract – 1003182
- Port Marluna – 526604
- Rio Plaza – 0391
- River Ridge
- River Ridge Golf Course – 5032
- River Ridge, J.M.Peters – 338403
- Riverpark – 535201
- Sea Aire Park 9 – 0319
- Seabridge – 5266
- Sierra Vista – 180705
- Silverstrand Beach – 0308
- Smugglers Cove 1 – 253001
- Southbay Townhomes – 0377
- Southwinds 3 – 4553
- Strawberry Fields 1 – 4351
- Summerfield 1 – 224701
- Sunnyside Condos – 3473
- Sunrise Pointe/Sunset Cove 1 – 513601
- Sunrise Pointe/Sunset Cove 3 – 513603
- The Colony – 2923
- The Dunes 01 – 156701
- The Villages The Villas – 188306
- Thunderbird Village – 1337
- Villa Capri MHP – 037011
- Villa Santa Cruz 2 – 513502
- Wagon Wheel
- Westport at Mandalay Bay 1 – 519601
- Westport at Mandalay Bay 2 – 519602
- Westport at Mandalay Bay 5 – 519605
- Westport at Mandalay Bay 6 – 519606
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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.
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2461 Balboa Street
Oxnard, CA
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