NOT LISTED FOR SALE

1101 Isleton Place Oxnard, CA 93030

Hobson Park West Neighborhood
9 Beds
7 Baths
4,420 Sq Ft
7,455 Sq Ft Lot

Last Sold July 01, 2024

Last sale price $1,300,000 $294 Per Sq Ft

60 Days on Market

Highlights

  • Laundry Room
  • South Facing Home
  • Wood Fence
  • 5 Car Garage
  • Satellite Dish
  • Carpet

About This Home

As of July 2024

Presenting a rare and enticing opportunity to acquire a quadplex, ideally suited for discerning investors or househacker. This quadplex offers a diverse mix of rental units, featuring one unit with 3 bedrooms and 2 bathrooms, two units with 2 bedrooms and 1.5 bathrooms each, and one unit with 2 bedrooms and 1 bathroom.Each unit enjoys the added convenience of its own detached garage, complete with washer/dryer hookups, ensuring a seamless living experience for tenants. The property is efficiently managed, with long-term, month-to-month tenants already in place, facilitating a smooth transition for prospective owners.Currently, the rental rates are positioned below market value, presenting an opportunity for potential upside. Tenants are responsible for gas and electricity expenses.Don't miss out on the chance to own this well maintained quadplex, strategically positioned to capitalize on both rental income potential and future appreciation.

Last Agent to Sell the Property

Stephen Ng

eXp Realty of California Inc Brokerage Phone: (805) 302-2872 License #01979455 Listed on: 03/21/2024

eXp Realty of California Inc

Last Buyer's Agent

Tracy Lu Guillen

Esquire Realty License #01430944

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 7,455 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Wood Fence
  • Front Yard Sprinklers

Parking

  • 5 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Stucco

Interior Spaces

  • 4,420 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Satellite Dish

Listing and Financial Details

  • Tenant pays for cable TV, parking fee, gas, electricity
  • Tax Tract Number 86
  • Assessor Parcel Number 2020214100

Community Details

Overview

  • 4 Units
  • Oxnard: Other 0035 Subdivision

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $2,621
  • Water Sewer Expense $6,651
  • Operating Expense $24,847
  • Gross Income $90,324
  • Net Operating Income $64,477

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Oxnard: Other - 0035
  • View: No
  • Water Sewer Expenses: 6651.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2020214100
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: No
  • Price Per Square Foot: 293.67

Exterior Features

  • Direction Faces: South
  • Exterior Features: Satellite Dish
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 7455.00
  • Lot Size Acres: 0.1711

Rental Info

  • Tenant Pays: Cable TV, Parking Fee, Gas, Electricity

Multi Family

  • Gross Income: 90324.00
  • Gross Scheduled Income: 90324.00
  • Insurance Expense: 2621.00
  • Lot Size Area: 7455.0000 Square Feet
  • Net Operating Income: 64477.28
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 24846.72
  • Rent Control: Yes
  • Total Expenses: 24846.72

Tax Info

  • Tax Tract: 211901
  • Tax Tract Number: 86.01

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2024 07/01/24 Sold $1,300,000 +0.2% $294 / Sq Ft
03/20/2024 03/20/24 For Sale $1,298,000 -- $294 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Stephen Ng

    Seller's Agent in 2024

    Stephen Ng

    eXp Realty of California Inc

    (805) 302-2872

    1 in this area

    19 Total Sales

    Stephen Ng
    Section Image
  • Tracy Lu Guillen

    Buyer's Agent in 2024

    Tracy Lu Guillen

    Esquire Realty

    (805) 482-3209

    1 in this area

    67 Total Sales

    Tracy Lu Guillen
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V1-22490

Ventura County Regional Data Share

APN: 202-0-214-100

California Ventura County Oxnard 93030 Hobson Park West

1101 Isleton Place, Oxnard, CA

Not Listed for Sale

MultiFamily

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