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$2,375,000
Est. payment /mo
7,764 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,764 sqft
Price per Sqft $305
MLS Listing ID CRV1-29966
HOA Y/N No
Year Built 1961
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Other
Property Description
9-unit well maintained Oxnard apartment building with ideal unit mix located close to schools, parks, shopping, Navy Base and deepwater Port. Features secure gated entry with (2) 2BD/2BA, (6) 2BD/1BA and (1) 1BD/1BA units totaling 7,764 SF on 9,583 SF lot. 2 garages in front and carports in rear offer ADU conversion potential. The 2 garages, currently used by owner, will be delivered vacant offering immediate upside to rent out or pursue ADU conversion. Separately metered for electricity and gas. Onsite laundry room. Dual pane windows in place and building recently painted. Other improvements include new exterior lighting, new hot and cold water lines on several units and several interiors updated over last few years. Offered at 11.4 x current rents and a 5.2% cap rate.
Location
State CA
County Ventura
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Laundry Room
Exterior
View Y/N false
View None
Building
Lot Description Other
New Construction No
Others
Tax ID 2220094065
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Listed by Nicholas Henry • Beachside Partners