John E Burge

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540 Cuesta Del Mar DriveOxnard, CA 93033

Multi-Family · 8,700 Sq. ft. | 0.26 Acres
$3,100,000 Active

540 Cuesta Del Mar Drive Overview

Time on Site:
12 days
Visits:
0

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 $3,100,000 (approximately $221,430 per unit), the property generates an estimated $315,000 in annual gross income, resulting in a highly attractive Gross Rent Multiplier (GRM) of 9.9. 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.

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540 Cuesta Del Mar Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 8,700
  • Price/Sq.ft. $356
  • Lot 0.26 Acres

Details

General

Income/Expenses

  • Electric Expense: 8350.0
  • Fuel Expense: 6730.0
  • Gardener Expense: 3600.0
  • Gross Income: 313980.0
  • Gross Scheduled Income: 313980.0
  • Insurance Expense: 10000.0
  • Net Operating Income: 180032.0
  • Operating Expense: 124529.0
  • Trash Expense: 4500.0
  • Water Sewer Expense: 22600.0

Building Information

  • Year Built: 1964

Location/Region

  • Country: US
  • County Or Parish: Ventura
  • MLS Area Major: VC33 - Oxnard - Southwest / Port Huenem
  • Postal City: OXNARD
  • Subdivision Name: Not Applicable

Community/Development

  • Community Features: Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash,Cash to New Loan
  • Parcel Number: 2220082035
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 8700.0

General Information

  • Common Walls: No Common Walls
  • Fireplace Features: None
  • Fireplace: No
  • Laundry Features: None
  • Spa Features: None
  • Spa: No

Exterior

Parking Information

  • Parking Features: Carport
  • Parking Total: 18.0

Lot Information

  • Lot Features: Sprinklers None
  • Lot Size Acres: 0.26
  • Lot Size Area: 11325.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 11325.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Waterfront/View

    Building Exterior/Construction

    • Property Attached: No

    General Information

    • Carport: Yes
    • Fencing: Wrought Iron
    • Number Of Units Total: 14
    • Pool Features: None
    • Pool Private: No

    540 Cuesta Del Mar Drive Neighborhood

    Community

    93033 (OXNARD) Demographics

    30
    Median Age
    2,882
    Population Density (per sq. mile)
    16%
    College Educated
    $68,542
    Estimated Median Income
    9,752
    Estimated Total Home Owners
    7,052
    Estimated Total Renters
    58% / 42%
    Estimated Owner / Renter Divide
    5
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    540 Cuesta Del Mar Drive Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    540 Cuesta Del Mar Drive Market Data

    Based on the last 30 days in this zip code

    $612,079
    Average List Price
    $496
    Average Price per Square Foot
    11
    Properties Sold
    52
    Average Days on Market
    59
    Properties for Sale
    Calculations provided by Reliance Network

    540 Cuesta Del Mar Drive History

    Date Event Value Agent
    6/17/2026Source: CRMLS Added to Database
    June 17, 2026
    Listing provided courtesy of Apartment Investment SpecialisCraig Lieberman- MLS# V1-37060MLS ProviderContact Information: (805) 320-6646
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