Thank you
Nicholas Henry
Beachside Partners
805-453-5097
6.2% CAP rate on current rents (only currently available multifamily property over a 6% cap on actuals in Ventura CO). Fully renovated two-story 14-unit apartment building along with a detached restaurant building set on 10,000 SF lot near 5 points in Oxnard. Originally built as a motel the apartment building totals 2,792SF and contains all studio efficiency units (one bathroom and one room) along with a common laundry room with two sets of washer/ dryers. The commercial building totals 1,305 SF and in past operated as a restaurant but current tenant operates as a prep kitchen that prepares meals for the agriculture contractors that provide immigrant field workers with daily meals. The restaurant building has a dining area, kitchen, food prep area, storage room and two restrooms along with floor drains. 18 uncovered parking spaces in rear. Front and rear electronic gates provide privacy and security to its residents. The apartment building has been completely updated over the past 5 years including new roof, fresh paint and fascia replacement, fumigation for pest treatment, new windows and doors, new main electrical panel and exterior LED lighting, new driveway and striping, new water heaters and various plumbing upgrades along with full remodel of interiors including new baths, flooring, lighting, electric heating units and kitchen counter and sink.
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Total Baths: 0
Water Source : Public
Sewer : Public Sewer
Fireplace: None
None
Air Conditioning
Electric
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1952
None
Laundry Room
None
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.2296
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 10000
Original List Price: 2,295,000
Listing Contract Date: 2024-02-28
Listing Agreement: Exclusive Right To Sell
Parcel Number: 2010272220
Garage Description: On Site
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: VC31 - Oxnard - Northwest
Postal Code Plus 4: 7123
Directions: 2 blocks south of 5 points
Source Property Type: Residential Income
Area: VC31 - Oxnard - Northwest
Property SubType: Apartment
Property Age: 72
Common Walls: No Common Walls
Structure Type: Apartment
Year Built Source: Assessor
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
313 North F St #101, Oxnard, CA,93030 | $630,000 | 2 | 2 | 1,345 | -- |
809 N A Street, Oxnard, CA,93030 | $4,970,000 | -- | -- | 8,637 | 15000 Sqft |
313 North F St #102, Oxnard, CA,93030 | $640,000 | 2 | 2 | 1,380 | -- |
307 North F St #101, Oxnard, CA,93030 | $630,000 | 2 | 2 | 1,345 | -- |
313 North F St #202, Oxnard, CA,93030 | $700,000 | 3 | 2 | 1,730 | -- |
313 North F St #201, Oxnard, CA,93030 | $690,000 | 3 | 2 | 1,622 | -- |
1430 Junewood Way, Oxnard, CA,93030 | $995,000 | 8 | 4 | 3,774 | 6090 Sqft |
1715 Urbana Lane, Oxnard, CA,93030 | $975,000 | 6 | 3 | 3,112 | 4579 Sqft |
626 S Oxnard Boulevard, Oxnard, CA,93030 | $3,000,000 | -- | 1 | 7,650 | 7650 Sqft |
2505 Lilac Walk, Oxnard, CA,93030 | $930,000 | 3 | 2 | 2,018 | 7062 Sqft |
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ByOwner last updated this listing 05/22/2024 @ 13:19
MLS: V1-22165
LISTED BY: Nicholas Henry, Beachside Partners
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.