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Key Details
Sold Price $975,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID BB20240185
Sold Date 01/29/21
HOA Y/N No
Year Built 1961
Lot Size 7,405 Sqft
Property Description
We are pleased to present this 4 unit apartment building with excellent cash flow in Oxnard. Oxnard is home to major industries such as biotechnology, health care, education, agriculture, a military base and tourism due to the beautiful beaches. Oxnard is an easy commute to Los Angeles and Santa Barbara. The building consists of 4 Two bedroom, one bath units, one of which is very generous sized. There is on-site garage parking for each tenant and the largest unit is afforded a double car garage. The exterior has been freshly painted and two of the units have extensive remodeling. The generous sized back upper unit has a large new kitchen that includes new cabinets, stainless appliances, quartz counters and a breakfast bar. There is new laminate flooring throughout the unit and a large covered patio that is accessed from the new sliding glass doors in the living room. The bathroom is also completely remodeled and there is new lighting throughout and new ceiling fans. The other remodeled unit downstairs also has laminate wood flooring, an updated kitchen and new bathroom. There is upside in rent in two of the units and a finished laundry room that could increase the revenue. This is a rare opportunity to purchase a cash flowing fourplex.
Location
State CA
County Ventura
Area Vc31 - Oxnard - Northwest
Zoning R3
Rooms
Ensuite Laundry See Remarks
Interior
Laundry Location See Remarks
Fireplaces Type None
Fireplace No
Laundry See Remarks
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Gutter(s), Street Lights, Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description Front Yard, Near Public Transit, Rectangular Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2000151045
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Joyce Starleaf • Keller Williams WMC