$1,670,000
For more information regarding the value of a property, please contact us for a free consultation.
0.34 Acres Lot
SOLD DATE : 05/16/2025
Key Details
Sold Price $1,670,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID V1-28531
Year Built 1953
Lot Size 0.340 Acres
Property Description
This six-unit apartment property, owned by the seller for more than 10 years, is located in the south part of Oxnard, just to the east of Saviers Rd (across from the DMV). The tenant community at the property has moved in to the property at various times throughout the years, but offers a buyer significant upside with its under market rents. As such, the new owner can expect several years of consistent rent increases at the maximum annual rent increase percentage under Oxnard's current Rent Stabilization Ordinance (RSO). For almost the entire length of ownership, the seller has been updating the property with quality materials and workmanship.
Location
State CA
County Ventura
Area Vc34 - Oxnard - Southeast
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Laundry None
Exterior
Parking Features Detached Carport, Garage
Garage Spaces 3.0
Garage Description 3.0
Fence Stucco Wall, Wood
Pool None
Community Features Street Lights
View Y/N No
View None
Building
Lot Description Sprinklers None
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Craig Lieberman • Apartment Investment Specialis