$1,315,000

1241 W 7th St Unit 1 Oxnard, CA 93030

Hobson Park West Neighborhood

Estimated payment $8,640/month

Total Views 5,980
-- Bed
-- Bath
3,884 Sq Ft
$339 Price per Sq Ft

Highlights

  • Property is near a park
  • Patio
  • Carpet
  • 5 Car Direct Access Garage
  • Forced Air Heating System

About This Home

4- unit apartment complex in Oxnard. Rarely any vacancies in great rental area! Owner recently made some exterior and interior improvements. Units are spacious. (1) 3-bedroom 2-bath unit with fireplace, garage and outdoor patio area; (2) 2-bedroom 2-bath units with patio and garages; and (1) 2-bedroom, 1-bathroom unit with deck and garage. Scheduled $87,480 annual gross income. Electricity and gas separately metered. Long term tenants on month to month and with rents well under market. Five (5) garage spaces total with direct access and laundry in garages, which tenants enjoy. Check with city of Oxnard regarding garage conversion to possibly add an additional unit.

Listing Agent

Douglas Kubiske

Re/Max Gold Coast Realtors License #01005725

Re/Max Gold Coast Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 6,969 Sq Ft Lot
  • Property is in good condition

Parking

  • 5 Car Direct Access Garage
  • 1 Open Parking Space

Home Design

  • 3,884 Sq Ft Home
  • Slab Foundation

Flooring

  • Carpet
  • Vinyl

Location

  • Property is near a park
  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Forced Air Heating System
  • Shared Gas Meter
  • Individual Gas Meter

Additional Features

  • Stove
  • Laundry in unit
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 202-0-215-110

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed

Building Details

  • Fuel Expense $809
  • Insurance Expense $2,168
  • Maintenance Expense $6,332
  • Trash Expense $2,403
  • Water Sewer Expense $4,489
  • New Taxes Expense $14,465
  • Operating Expense $36,741
  • Gross Income $87,480
  • Net Operating Income $50,739

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

5

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1977
  • Income Expenses Annual Income: 87480.0
  • Capitalization Rate: 3.9
  • Income Expenses Gas Expense: 809.0
  • Gross Rent Multiplier: 15
  • Maintenance Expense: 6332.0
  • Annual Expenses: 36741.0
  • Monthly Income: 7920.0
  • Income Expenses Trash Expense: 2403.0
  • Income Expenses Water Expense: 4489.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Miscellaneous Parking Spaces: 5.0
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Income And Expenses Maintenance Expense: 6332.0
  • Reso Flooring: Vinyl, Carpet
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1977
  • Property Information Apx # Acres: 0.16
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Condo:Laundry in Unit: Yes
  • Parking Info Total # Unconvered Spaces: 1.0
  • Foundation:Slab: Yes
  • Proximity Near Park(s)2: Yes
  • Security Smoke Detector(s)2: Yes
  • Property Information Main House SqFt: 3884.0
  • Property Information Apx Lot SqFt: 6969.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Pets Yes: Yes
  • Parking Info Garages: Yes
  • Amenities Gas Stove2: Yes
  • HeatingCooling GFA: Yes
  • Parking Info Interior Access3: Yes
  • Amenities Patio2: Yes
  • IncomeExpenses Taxes6: 14465.0
  • FlrWdw Coverings Vinyl2: Yes
  • Income Expenses Actual: Yes
  • IncomeExpenses NOI2: 50739
  • Parking Info Total # Garage Spaces2: 5.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.16
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 5.0
  • Open Parking Spaces: 1.0
  • Parking Features: Garages, Interior Access
  • Total Parking Spaces: 5.0

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Fee Information

  • Annual Fuel Expense: 809.0
  • Trash Expense: 2403.0
  • Annual Water Sewer Expense: 4489.0

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 202-0-215-110
  • Zoning: R-4
  • Lot Size Sq Ft: 6969.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 87480.0
  • Insurance Expense: 2168.0
  • Annual Operating Expense: 36741.0
  • Total Actual Rent: 7920.0

Map

Range of Values:

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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 Change Sq Ft Price
03/21/2025 03/21/25 For Sale $1,315,000 -- $339 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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Source: Santa Barbara Multiple Listing Service

MLS Number: 25-1134

Santa Barbara Multiple Listing Service

APN: 202-0-215-110

California Ventura County Oxnard 93030 Hobson Park West

1241 W 7th St Unit 1, Oxnard, CA

Homes for Sale in Oxnard, CA

This home is located at 1241 W 7th St Unit 1, Oxnard, CA 93030 and is currently priced at $1,315,000, approximately $338 per square foot. This property was built in 1977. 1241 W 7th St Unit 1 is a home located in Ventura County with nearby schools including Emilie Ritchen Elementary School, Pacifica High School, and Vista Real Charter High School.

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Douglas Kubiske
Listing Agent
Douglas Kubiske
Section Image
Re/Max Gold Coast Realtors
(805) 273-8107