NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
1964 Built

Sale Details

Date Sold: August 29, 2022

Last sale price $4,725,000

7 Days on Market

About This Home

As of August 2022

The Villa Salvador Apartments features 20 units spread out over nearly 1 acre in a convenient central Oxnard location 2 blocks south of 5 Points. Layout includes 2 buildings, an onsite laundry room and 20 individually enclosed garages. Great unit mix with (16) 2BD/1BA and (4) 1BD/BA apartments. Separately metered for gas and electricity. Dual pane windows. Improvements of note include new roof, repair of downspouts and trim painting all done within the last 2 years. Current rents are approximately 16% below market allowing for a new owner to increase net operating income over time, subject to local oxnard rent control

Last Agent to Sell the Property

Nick Henry

Beachside Partners License #01748131 Listed on: 05/16/2022

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Parking

  • 20 Parking Spaces

Utilities

  • Individual Gas Meter

Community Details

  • 20 Units
  • Gross Income $359,160

Listing and Financial Details

  • Assessor Parcel Number 203-0-080-200

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1964
  • Income Expenses Annual Income: 359160.0
  • Capitalization Rate: 4.1
  • Gross Rent Multiplier: 13.6
  • Monthly Income: 29730.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Miscellaneous Parking Spaces: 20.0
  • Property Information Year Built2: 1964
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 20.0

Schools

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

Lot Info

  • Parcel #: 203-0-080-200
  • Zoning: Other

Multi Family

  • Number Of Units Total: 20
  • Annual Gross Income: 359160.0
  • Total Actual Rent: 29730.0
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
08/29/2022 08/29/22 Sold $4,725,000 0.0% --
08/21/2022 08/21/22 Off Market $4,725,000 -- --
05/23/2022 05/23/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $4,900,000 -- --
Source: Santa Barbara Multiple Listing Service

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 $59,702 $4,915,486 $1,872,720 $3,042,766
2024 $59,702 $4,819,300 $1,836,000 $2,983,300
2023 $57,528 $4,725,000 $1,800,000 $2,925,000
2022 $18,769 $1,532,399 $469,130 $1,063,269
2021 $18,621 $1,502,352 $459,931 $1,042,421
2020 $18,961 $1,486,949 $455,216 $1,031,733
2019 $18,434 $1,457,794 $446,291 $1,011,503
2018 $18,180 $1,429,211 $437,541 $991,670
2017 $17,269 $1,401,188 $428,962 $972,226
2016 $16,675 $1,373,714 $420,551 $953,163
2015 $16,848 $1,353,082 $414,235 $938,847
2014 $16,667 $1,326,579 $406,122 $920,457
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-1562

Santa Barbara Multiple Listing Service
Your Personal Tour Guide

Ask me questions while you tour the home.