NOT LISTED FOR SALE
27 Beds
20 Baths
14,695 Sq Ft
0.35 Acre Lot

Sale Details

Date Sold: October 1, 2021

Last sale price $4,350,000 $296 Per Sq Ft

29 Days on Market

About This Home

As of October 2021

We are pleased to present 1200 North H Street, a rare 18 unit investment opportunity located in the center of Oxnard, California. The city of Oxnard is not subject to any local rent control laws, so the property will only be subject to California's AB-1482, allowing the buyer to annually raise rents by 5% + CPI. 1200 North H Street offers a unique opportunity to acquire a prime 18 unit asset in a high barrier to entry Ventura County location. The 14,695 square feet building sits on a large 15,147 square foot lot (0.35 acres), and is made up of (9) 1 bed / 1 bath, (2 bed / 1 bath), and (4) 2 bed / 1.5 bath units. The property includes ample parking that is accessible from side and rear alleys. 1200 North Street is a stabilized asset that is fully occupied, providing several financing options while also offering good rental upside potential. The property lies in an strong Oxnard location, just 1.5 miles north of Downtown Oxnard, 2.5 miles south of The Collection, and just a short drive from the world-renowned Channel Islands beaches.

Last Agent to Sell the Property

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 06/30/2021

Last Buyer's Agent

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 06/30/2021

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 15,147 Sq Ft Lot

Home Design

  • 14,695 Sq Ft Home

Bedrooms and Bathrooms

  • 27 Bedrooms
  • 20 Bathrooms

Parking

  • 18 Parking Spaces
  • Covered Parking

Community Details

  • 18 Units

Listing and Financial Details

  • Assessor Parcel Number 200-0-392-345

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0.35 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 14695
  • Lot Acreage: 0.3477
  • Year Built: 1968
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 27
  • Total Bathrooms: 20.00
  • Price Per S Q F T: 306.23

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 18

Lot Info

  • Assessed Improvement Percent: 71.15
  • Assessed Improvement Value: 1428500
  • Assessed Land Percent: 28.85
  • Assessed Land Value: 579111
  • Total Assessed Value: 2007611
  • Assessor Parcel Number: 200-0-392-345
  • Lot Size Area: 15147

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.12
  • Number Of Units: 18
  • Type Of Units: Market

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,045,000
Outstanding Balance
$3,010,278
Interest Rate
6.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2024
Sold by
Bought by

Purchase Details

Listed on
Jun 30, 2021
Closed on
Sep 13, 2021
Sold by
Bought by
Seller's Agent
Filip Niculete
Marcus & Millichap
Buyer's Agent
Filip Niculete
Marcus & Millichap
List Price
$4,500,000
Sold Price
$4,350,000
Premium/Discount to List
-$150,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,045,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 2, 2021
Sold by
Bought by
Seller's Agent
Filip Niculete
Marcus & Millichap
Buyer's Agent
Filip Niculete
Marcus & Millichap
List Price
$4,500,000
Sold Price
$4,350,000
Premium/Discount to List
-$150,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,045,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2019
Sold by
Bought by

Purchase Details

Closed on
Oct 17, 2017
Sold by
Bought by

Purchase Details

Closed on
Apr 23, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,647,331 Chicago Title Company
-- None Listed On Document
-- --
$4,350,000 Chicago Title
-- None Available
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,045,000
Closed $3,045,000
Previous Owner $3,045,000
Previous Owner $200,000
Previous Owner $212,000
Previous Owner $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $4,350,000 -3.3% $296 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $4,500,000 -- $306 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $55,860 $4,615,703 $1,432,631 $3,183,072
2024 $55,860 $4,525,376 $1,404,540 $3,120,836
2023 $53,819 $4,436,820 $1,377,000 $3,059,820
2022 $52,197 $4,350,000 $1,350,000 $3,000,000
2021 $24,751 $2,028,409 $585,110 $1,443,299
2020 $25,210 $2,007,611 $579,111 $1,428,500
2019 $24,500 $1,968,247 $567,756 $1,400,491
2018 $24,157 $1,929,655 $556,624 $1,373,031
2017 $22,927 $1,891,819 $545,710 $1,346,109
2016 $22,127 $1,854,725 $535,010 $1,319,715
2015 $22,360 $1,826,868 $526,975 $1,299,893
2014 $22,116 $1,791,084 $516,653 $1,274,431
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-755426

The MLS

APN: 200-0-392-345

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