729 Ivywood Drive, Oxnard, CA 93030
729 Ivywood Drive, Oxnard, CA 93030,Video Tour
729 Ivywood Drive, Oxnard, CA 93030
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Listed by Toni Guy • BHHS California Properties
$1,200,000
Est. payment /mo
3,818 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,818 sqft

Price per Sqft $314

Subdivision Oxnard: Other - 0031

MLS Listing ID V1-34929

Year Built 1966

Lot Size 6,098 Sqft

Property Sub-Type Triplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Park Front Triplex. This well-located 3-unit income property is set directly across from a tree-lined park and just minutes to Oxnard beaches. Built in 1966, the property offers approximately 3,818 square feet on a 6,098 square foot lot. Each of the three units features a highly rentable 2 bed / 2 bath layout, a gas brick fireplace, private patio or balcony, and a one-car garage -- amenities that help attract and retain quality tenants. The property is fully occupied with established tenants and professional management in place. Current NOI is $43,626 with $67,788 in annual scheduled rent. A shared coin-operated laundry provides additional income and convenience.
The park-front setting offers open views of mature trees and walkability, meaningful advantages that support tenant satisfaction. Conveniently located near schools, shopping, commuter routes, and just a short drive to the Oxnard beaches, the property benefits from consistent demand in Ventura County's coastal market. Ideal for a beginning or move-up investor looking to grow their portfolio with a manageable 3-unit property, this asset offers the opportunity to step into immediate income while building long-term equity in a popular coastal market. With dependable cash flow in place and room for rent alignment over time, 729-733 Ivywood provides both confidence today and potential for the years ahead.

Location

State CA

County Ventura

Area Vc31 - Oxnard - Nw

Interior

Heating Fireplace(s), Forced Air

Flooring Carpet, Vinyl

Fireplaces Type Gas, Living Room

Inclusions ovens

Laundry Community

Exterior

Parking Features Garage Faces Rear

Garage Spaces 3.0

Pool None

Community Features Biking, Curbs, Park, Sidewalks

View Y/N Yes

View Park/Greenbelt

Building

Lot Description Level, Sprinklers None

Sewer Public Sewer

Others

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

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729 Ivywood Drive