540 Cuesta Del Mar Drive, Oxnard, CA — listing photo 1
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FOR SALENew Listing

540 Cuesta Del Mar Drive

Oxnard, CA 93033
11,325 Lot Sq Ft
Built 1964
$3,050,000
Price ReducedWas $3,100,000 — $3,050,000 (-$50,000)

Property Overview

This 14 unit apartment community in South Oxnard presents a compelling opportunity for investors seeking strong cash flow, stable operations, and long term value growth. Priced at $3,050,000 (approximately $217,857 per unit), the property generates an estimated $314,000 in annual gross income, resulting in a highly attractive Gross Rent Multiplier (GRM) of 9.7. The unit mix includes 10 one-bedroom units, 2 two-bedroom units, and 2 three-bedroom units, all surrounding a welcoming central courtyard. Over the past several years, the property has undergone approximately $263,300 in capital improvements, including the recent installation of bathroom exhaust fans in every unit to reduce moisture and improve long term durability. With major upgrades already completed and minimal property deferred maintenance, the next owner can expect stable operations and continued financial performance.

Home Details

Property type
Residential Income
Year built
1964
Lot size
11,325 sq ft
Parking
18 spaces
Days on market
16
MLS status
Active

Features & Amenities

Parking

  • Carport

Pool

  • None

Lot

  • Sprinklers None

Community, Schools & Utilities

Community

Subdivision
Not Applicable
View
None

Utilities

Heating
WallFurnace
Cooling
None
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Location & Neighborhood

540 Cuesta Del Mar Drive

Oxnard, CA 93033

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Frequently Asked Questions About 540 Cuesta Del Mar Drive

Property type: Residential Income

The current asking price is $3,050,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 540 Cuesta Del Mar Drive. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1964. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Oxnard, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Oxnard property.
The MLS currently reports the property as Active. It has been listed for 16 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Craig Lieberman
MLS ID: V211503120

Available property

$3,050,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.