#V1-29332, David Remedios, Listing office: RE/MAX Gold Coast REALTORS

136 N Garfield Ave Oxnard, CA 93030
Property details
About 136 N Garfield Ave
This well-maintained 8-unit apartment complex is a prime opportunity for investors seeking strong, stable returns and long-term upside. Currently bringing in $193,560 annually with a solid 6% cap rate, the property also offers tremendous expansion potential--up to 8 additional ADUs, allowing for a total of 16 rentable units.Each existing unit features 1 bedroom and 1 bathroom, along with designated parking, ensuring privacy and convenience for tenants. Utilities are individually metered for gas and electricity, while the owner covers water and trash, making management straightforward.A newer roof reduces long-term maintenance costs, and the property sits in a high-demand rental location near schools, parks, and essential amenities--highly attractive to tenants.With a recent appraisal of $2,250,000, this property offers exceptional value in a strong rental market. Whether you're an experienced investor looking to expand your portfolio or making your first multifamily acquisition, this is a turnkey opportunity not to be missed.
Highlights
Summary
- Fireplace: None
- Private Pool: No
- Parking: Assigned
- Cooling: None
- List Price: $2,099,000
- HOA Amount: $0
- Annual Tax Amount: $5,459
- Tax Year: 2024
- Directions: Follow US-101 N to N Rose Ave in Oxnard. Take exit 61 from US-101 N. Continue on N Rose Ave. Take E Colonia Rd to N Garfield Ave
- Year Built: 1940
- Lot Size: 0.17 Acres
- MLS Number: V1-30619
- MLS Name: CRMLS
- Office Name: eXp Realty of California Inc
- Office Phone: (888) 584-9427
- Office Email: ca.broker@exprealty.net
- Listing Agent: Jose Luiz Morales
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/19/2025, 11:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,099,000
136 N Garfield Ave
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 21, 2023 | Home Sold | $1,390,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,390,000 | $5,459 |
2023 | $441,926 | $13,674 |
2022 | $83,074 | $1,114 |
2021 | $81,446 | $1,106 |
2020 | $80,613 | $1,124 |
2019 | $79,034 | $1,080 |
2018 | $77,485 | $1,024 |
2017 | $75,967 | $1,024 |
History based on county public records data.
Nearby schools
3
Ramona Elementary School
Public District PK-5
0.2 mi
•804 Cooper Rd
6
Norman R. Brekke Elementary School
Public District KG-5
0.9 mi
•1400 Martin Luther King Jr Dr
3
Rose Avenue Elementary School
Public District PK-5
1.1 mi
•220 S Driskill St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,028. The most common annual income of people living in Oxnard, CA is less than $<35k. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 136 N Garfield Ave
The listing price of 136 N Garfield Ave property is $2,099,000.
The property 136 N Garfield Ave is a house located in Oxnard, California, 93030.
Active Listing: 136 N Garfield Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 136 N Garfield Ave are: Ramona Elementary School (GreatSchools Rating 3/10), Norman R. Brekke Elementary School (GreatSchools Rating 6/10), Rose Avenue Elementary School (GreatSchools Rating 3/10), Cesar E. Chavez Elementary School (GreatSchools Rating 3/10), R. J. Frank Academy of Marine Science & Engineering (GreatSchools Rating 3/10), Bernice Curren Elementary School (GreatSchools Rating 4/10), Vista Real Charter High School (GreatSchools Rating 2/10), Condor High School (GreatSchools Rating 2/10), Pacifica High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $5,459 (source: MLS/based on county public records data).
The last sale was on July 21, 2023 for $1,390,000 (source: MLS/tax record).
The property at 136 N Garfield Ave has 0 bathroom.
The year of construction for 136 N Garfield Ave is 1940.
This home is located at 136 N Garfield Ave in Oxnard, CA and zip code 93030 in the La Colonia neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 17, 2025 and is currently priced at $2,099,000.
While more than 18 listings in Oxnard, CA in May 2025 were sold above asking price, there were more than 15 listings sold at asking price, and more than 20 were sold below. In May 2025 in Oxnard, CA there were 8.1% more homes for sale than in April. While the average time on the market in May 2025 was 36 days, the median list price was $758,667.