NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
7,722 Sq Ft Lot

Last Sold April 16, 2024

Last sale price $1,400,000

177 Days on Market

About This Home

As of April 2024

This 4-plex is comprised of (1) 3 Bed / 2 Bath; (2) 2 Bed / 1.5 Bath, and (1) 2 Bed / 1 Bath. The financial strength of this property is the most obvious highlight with its strong rents in place (currently at $100,440/year, but will be $109,458 in July 2024 after rent increases go into effect and with tenants reimbursing the owner for water/sewer utility cost), a critical element for Oxnard residential income properties that are subject to the recently adopted Rent Stabilization Ordinance (''RSO'') limiting annual rent increases to 4% of each preceding base rents, thereby making this property maintain a distinct advantage over most other comparable 4-plexes in the Oxnard residential income market.

Last Agent to Sell the Property

Craig Lieberman

Apartment Investment Specialists License #00682741 Listed on: 10/04/2023

Apartment Investment Specialists

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 7,722

Parking

  • Garage

Additional Features

  • 7,722 Sq Ft Lot
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 4 Units
  • Gross Income $100,440

Listing and Financial Details

  • Assessor Parcel Number 202-0-243-045

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1980
  • Income Expenses Annual Income: 100440.0
  • Monthly Income: 8370.0
  • Garage Yn: Yes
  • Property Information Year Built2: 1980
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • HeatingCooling Wall3: Yes
  • Property Information Apx Lot SqFt: 7722.0
  • Parking Info Garages: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.18

Garage/Parking

  • Parking Features: Garages

Schools

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

Lot Info

  • Parcel #: 202-0-243-045
  • Zoning: R-4
  • Lot Size Sq Ft: 7722.0

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 100440.0
  • Total Actual Rent: 8370.0
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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 Prior Sale
04/16/2024 04/16/24 Sold $1,400,000 -2.4% --
03/29/2024 03/29/24 Pending -- -- --
10/04/2023 10/04/23 For Sale $1,435,000 +82.8% --
10/13/2015 10/13/15 Sold $785,000 -1.8% $197 / Sq Ft View Prior Sale
10/01/2015 10/01/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $799,000 -- $201 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

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 $13,816 $1,428,000 $943,500 $484,500
2024 $13,816 $1,117,395 $636,725 $480,670
2023 $13,311 $1,095,486 $624,240 $471,246
2022 $12,910 $1,074,006 $612,000 $462,006
2021 $10,457 $858,509 $519,480 $339,029
2020 $10,651 $849,707 $514,154 $335,553
2019 $10,351 $833,047 $504,073 $328,974
2018 $10,206 $816,714 $494,190 $322,524
2017 $9,686 $800,700 $484,500 $316,200
2016 $9,347 $785,000 $475,000 $310,000
2015 $4,339 $351,647 $87,900 $263,747
2014 $4,289 $344,761 $86,179 $258,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-2987

Santa Barbara Multiple Listing Service

APN: 202-0-243-045