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$2,805,000
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Property Description
Nestled in the heart of Oxnard's desirable Cloverdale subdivision, this rare investment opportunity features 12 rental units spread across 9 separate structures, offering a diverse mix of single-family homes and duplexes. Originally built in the 1950s, the property exudes vintage character and presents a fantastic value-add opportunity for investors.With 10 covered carports and 2 garage spaces, the property offers ample off-street parking--a major plus for tenants. The spacious layout across multiple buildings provides privacy and flexibility, appealing to a wide tenant base.Located in a well-established, residential neighborhood with strong rental demand, this asset is perfect for investors seeking long-term growth potential through renovation and repositioning. Opportunities like this don't come around often--capitalize on the upside and create your vision in one of Oxnard's most stable rental markets.
Full Property Details
Full Property Details for 2644 2656 Cortez St
General
- Sold For: $2,805,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: V1-29461
- Added to Site: 308 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
Rooms
Other Rooms
- Laundry: Inside, See Remarks, Outside
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 2
Location
- Area: VC36 - El Rio / Nyeland Acres
- County: Ventura
- Development Name: VC36 - El Rio / Nyeland Acres
- Driving Directions: Take Rose or Vineyard exit off the 101 and turn down frontage road on north side of freeway. Turn on Cortez St. Property is down on the right side of the street.
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace, Natural Gas
Utilities
- # Water Meters: 12
- # Gas Meters: 12
- # Electric Meters: 12
Structural Information
- Architectural Style: See Remarks
- Year Built: 1950
Lot Features
- Property View: None
- Lot Size (Acres): 0.8035
- Lot Size Source: Appraiser
- Zoning: RE-20, 000
- Lot Description: No Sprinklers
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Schools
Schools serving 2644 2656 Cortez St
School Districts:Rio Elementary School District, Oxnard Union High School District
| Name | Grades | Distance |
|---|---|---|
Rio Plaza Elementary School 600 Simon Way, Oxnard, CA 93036 | K-5 | 0.6 mi |
Rio Vista Middle School 3050 Thames River Drive, Oxnard, CA 93036 | 6-8 | 0.7 mi |
Rio Mesa High School 545 Central Ave., Oxnard, CA 93030 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2644 2656 Cortez St
Date
Details
Price
Change
Source
7/02/2025
Sold
$2,805,000
12.2%
MLS
4/21/2025
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2644 2656 Cortez Street, Oxnard, CA 93036 (MLS# V1-29461) is a Multi-Family property that was sold at $2,805,000 on July 02, 2025. This property was sold by Grace Lindgren from our Westlake Village Regional Office.Want to learn more about 2644 2656 Cortez Street? Do you have questions about finding other Multi-Family real estate for sale in Oxnard? You can browse all Oxnard real estate or contact a Coldwell Banker agent to request more information.


