2644-2656 Cortez St

Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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.

Property Details for 2644-2656 Cortez Street

Architectural Style
See Remarks
Subdivision Name
Cloverdale Subdivision - 0394
Garage Spaces
2.00
View
None
LISTING UPDATED: 07/02/2025 10:44 PM

Property Details for 2644-2656 Cortez Street

StatusClosed
MLS #V1-29461
Days on Market45
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.80 AC / 35,000 SF
CountyVentura County

Location

Listing Courtesy of eXp Realty of California Inc, Vicky Cummings, DRE #01367368

Sold By Sotheby's International Realty, Grace Lindgren, DRE #01379316

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Building Information for 2644-2656 Cortez Street

Stories1Residences-Year Built1950Building Size-Lot Size0.80 AC / 35,000 SF

Payment Calculator

$13,671 per month

30 year fixed, 6.15% Interest

Principal and Interest

$13,671

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2644-2656 Cortez Street

Summary
Location and General Information
  • Community Features: Curbs, Street Lights
  • City: Oxnard
  • Country: US
  • 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.
  • Area: VC36 - Oxn - El Rio/Nyeland
  • Unparsed Address: 2644-2656 Cortez Street, Oxnard, CA 93036
Taxes and HOA Information
  • Association Fee: $.00
  • Professional Management Expense: $4,800.00
  • Tax Other Annual Assessment Amount: $.00
Virtual Tour
  • Videos Count: 1
Property
Lot Information
  • Lot Features: Sprinklers None
  • Lot Size Acres: .80
  • Lot Size Square Feet: 35,000.00
  • Lot Size Area: 35,000.00
  • Lot Size Units: Square Feet
  • Parcel Number: 1450190090
  • Zoning: RE-20,000
  • Property Type: Residential Income
Property and Assessments
  • Common Walls: Attached
  • Documents Count: 0
  • Property Attached: Yes
  • Year Built Source: Appraiser
  • Senior Community: No
Utilities
  • Cooling: None
  • Cooling: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco, Wood Siding
  • Fencing: See Remarks
  • Pool Features: None
  • Pool Private: No
  • Pool: No
  • Spa Features: None
  • Spa: No
  • Stories Total: 1
Interior Features
  • Total Bathrooms: 0
  • Fireplace: Yes
  • Heating: Wall Furnace, Natural Gas
  • Heating: Yes
  • Laundry Features: See Remarks, Inside, Outside
  • View: No
Multi Family
Multi-Family Information
  • Gross Scheduled Income: $137,981.00
  • Net Operating Income: $105,860.00
  • Insurance Expense: $4,818.00
  • Number Of Buildings: 9
  • Operating Expense: $32,120.89
  • Special Listing Conditions: Standard
  • Trash Expense: $3,182.00
Rental
Rental Information
  • Rent Control: No

Property History for 2644-2656 Cortez Street

DateEvent & SourcePriceAppreciation
Jul 2, 2025

Sold

CLAW #V1-29461VC

Jul 2, 2025

Sold

CRMLS #V1-29461

$2,805,000
Jul 2, 2025

Sold

VCF #V1-29461

$2,805,000
Jun 6, 2025

Pending

CRMLS #V1-29461

Jun 6, 2025

Pending

VCF #V1-29461

Jun 6, 2025

Pending

CLAW #V1-29461VC

May 12, 2025

Accepting Backup Offers

VCF #V1-29461

May 11, 2025

Accepting Backup Offers

CRMLS #V1-29461

Apr 22, 2025

Listed (Active)

CLAW #V1-29461VC

$2,500,000
Apr 22, 2025

Listed (Active)

VCF #V1-29461

$2,500,000
Apr 21, 2025

Listed (Active)

CRMLS #V1-29461

$2,500,000
DateEvent & SourcePrice
07/02/2025

Sold

CLAW #V1-29461VC

07/02/2025

Sold

CRMLS #V1-29461

$2,805,000
07/02/2025

Sold

VCF #V1-29461

$2,805,000
06/06/2025

Pending

CRMLS #V1-29461

06/06/2025

Pending

VCF #V1-29461

06/06/2025

Pending

CLAW #V1-29461VC

05/12/2025

Accepting Backup Offers

VCF #V1-29461

05/11/2025

Accepting Backup Offers

CRMLS #V1-29461

04/22/2025

Listed (Active)

CLAW #V1-29461VC

$2,500,000
04/22/2025

Listed (Active)

VCF #V1-29461

$2,500,000
04/21/2025

Listed (Active)

CRMLS #V1-29461

$2,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2644-2656 Cortez Street

This home is within Rio Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Rio Plaza Elementary School
PublicK to 5

Rio Vista Middle School
Public6 to 8

Rio Mesa High School
Public9 to 12

Rio del Sol STEAM Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California Inc, Vicky Cummings, DRE #01367368

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.