Rancho Solana

JLL, acting as the exclusive advisor, is pleased to present for sale Rancho Solana, a 168-unit value-add investment opportunity located in Oxnard, CA. Delivered in 1973, this suburban, low-density garden community spans approximately 8.29 acres and offers spacious floor plans ranging from 695 SF to 1,035 SF, with an average size of ±858 SF per unit. Community amenities include a pool and spa, playground, and communal laundry. The offering represents a significant value-add opportunity due to a dearth of available renovated Class B product and significant headroom to nearby Class A communities. Prospective unit upgrades that would drive rent premiums include new-stainless steel appliances, quartz countertops, subway tile backsplashes, gooseneck kitchen faucets, modernized vanities, and keyless entry door locks.

Rancho Solana enjoys a convenient suburban location that provides easy access to prominent employment centers in Ventura and LA County. Just a short drive away, residents have access to shopping centers such as the Collection and Camarillo Outlets, dining options like The 1901, and a wide variety of outdoor activities at Hollywood Beach and McGrath State Beach, ensuring their everyday needs are easily met. The combination of desirable suburban location, limited competition, strong property performance, value-add upside, and proximity to top-tier employment hubs suggest continued success and durable demand for years to come.