729 Ivywood Drive, Oxnard, CA 93030
- $1,100,000
- Sold Price
- $1,100,000
- List Price
- $1,200,000
- Closing Date
- Jun 10, 2026
- Status
- CLOSED
- MLS#
- V1-34929
- Year Built
- 1966
- Lot Size
- 6,098
- Acres
- 0.14
- Lot Location
- Level, Sprinklers None
- Days on Market
- 91
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- Two Levels
- Neighborhood
- Oxnard: Other - 0031
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.
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Additional Information
- Appliances
- Gas Cooktop, Gas Range
- Pool Description
- None
- Fireplace Description
- Gas, Living Room
- Heat
- Forced Air, Fireplace(s)
- Cooling Description
- None
- View
- Park/Greenbelt
- Exterior Construction
- Stucco
- Roof
- Composition
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Multiple Primary Suites
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $67,788
- Operating Expense
- 22479
- Garage Spaces
- 3
- Levels
- Two
- Parking Spaces
- 3
Listing courtesy of Listing Agent: Toni Guy (toniguy22@yahoo.com) from Listing Office: BHHS California Properties.
Listing sold by May Motamedi from Realty America Group
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