540 Cuesta Del Mar Drive, Oxnard, CA 93033 | MLS #V1-37060 | Willis Allen Real Estate
 
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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.

Source: CRMLS, MLS#: V1-37060

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  • Property Type
    Residential Income
  • Lot
    0.26 acres

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  • Median Age
    30
  • Population Density
    2,882
  • College Educated
    16%
  • Estimated Median Income
    $68,542
  • Estimated Total Home Owners
    9,752
  • Estimated Total Renters
    7,052
  • Owner / Renter Divide
    58% / 42%
  • Estimated Average Household Size
    5
  • Total Population
    84,902
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* 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.

Life at 540 Cuesta Del Mar Drive


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

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