$1,300,000
SOLD MAY 2, 2025
-- Bed
-- Bath
3,884 Sq Ft
6,969 Sq Ft Lot

Recently Sold

$335 Per Sq Ft

1% Below List Price

11 Days on Market

Highlights

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

About This Home

As of May 2025

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.

Last Agent to Sell the Property

Douglas Kubiske

Re/Max Gold Coast Realtors License #01005725 Listed on: 03/21/2025

Re/Max Gold Coast Realtors

Last Buyer's Agent

Non Member Agent

Non Member Office

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

  • The owner pays for trash collection, water
  • 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
  • Status Information Seller Concessions3: No
  • 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

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
05/02/2025 05/02/25 Sold $1,300,000 -1.1% $335 / Sq Ft
03/21/2025 03/21/25 For Sale $1,315,000 -- $339 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-1134

Santa Barbara Multiple Listing Service

APN: 202-0-215-110