$6,250,000

Estimated payment $39,191/month

Total Views 1,046
-- Bed
-- Bath
22,300 Sq Ft
$280 Price per Sq Ft

About This Home

Excellent opportunity to acquire a 24-unit Oxnard apartment building set on over 1 acre of land. 161 W Juniper ST is composed of (24) 2BD/1BA units with 24 garages and ample street parking at the end of a cul-de-sac in a primarily SFR neighborhood. Tenants enjoy convenient access to the nearby Walmart anchored Centerpoint Mall and Island Plaza. There are (2) onsite laundry rooms and the 24 garage spaces present a prime opportunity for ADU conversion. Units 1-4 in building #165 have been rebuilt from the studs including electrical, plumbing, HVAC, and roof due to a fire on the property in 2022. With nearly 25% upside in rental rates this property provides solid long term investment opportunity at a 5.5% CAP rate on Jan 1, 2026 rents and an appealing 7.5% CAP rate on market rents.

Listing Agent

Jason Liehr

Beachside Partners License #02152826 Listed on: 11/05/2025

Co-Listing Agent

Nick Henry

Beachside Partners License #01748131

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Home Design

  • 22,300 Sq Ft Home

Schools

  • Cla Elementary And Middle School
  • Cla High School

Additional Features

  • 1.14 Acre Lot
  • Individual Gas Meter

Community Details

  • 24 Units
  • Gross Income $561,367

Listing and Financial Details

  • Assessor Parcel Number 203-0-292-250

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1954
  • Income Expenses Annual Income: 561367.0
  • Capitalization Rate: 5.5
  • Gross Rent Multiplier: 11.1
  • Monthly Income: 46781.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Co List Office Mls Id: jonsta
  • Co List Office Phone: 805-626-0112
  • Property Information Year Built2: 1954
  • Property Information Apx # Acres: 1.14
  • NeighborhoodSchools Elementary School: CLA
  • NeighborhoodSchools Junior High School: CLA
  • NeighborhoodSchools High School: CLA
  • Property Information Main House SqFt: 22300.0
  • Property Information Apx Lot SqFt: 49658.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 1.14

Schools

  • Elementary School: CLA
  • High School: CLA
  • Middle Or Junior School: CLA

Lot Info

  • Parcel #: 203-0-292-250
  • Zoning: CLA
  • Lot Size Sq Ft: 49658.0

Multi Family

  • Number Of Units Total: 24
  • Annual Gross Income: 561367.0
  • Total Actual Rent: 46781.0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 For Sale $6,250,000 0.0% $280 / Sq Ft
10/15/2025 10/15/25 Pending -- -- --
10/07/2025 10/07/25 For Sale $6,250,000 -- $280 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-3727

Santa Barbara Multiple Listing Service

APN: 203-0-292-250