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

Sale Details

Date 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

7,722 Sq Ft Lot

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

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

Listed on
Oct 4, 2023
Closed on
Apr 10, 2024
Sold by
Bought by
Seller's Agent
Craig Lieberman
Apartment Investment Specialists
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,435,000
Sold Price
$1,400,000
Premium/Discount to List
-$35,000
-2.44%
Views
399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
0.0694%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 6, 2021
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 2021
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 2020
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
$684,416
Interest Rate
0.027%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2015
Closed on
Sep 16, 2015
Sold by
Bought by
Seller's Agent
Ted Barnes
Gold Coast Commercial
Buyer's Agent
Ted Barnes
Gold Coast Commercial
List Price
$799,000
Sold Price
$785,000
Premium/Discount to List
-$14,000
-1.75%

Purchase Details

Closed on
Feb 10, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 12, 2015
Sold by
Bought by
Source: Public Records
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

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
$1,400,000 Chicago Title Company
-- None Available
-- Fidelity National Title Co
-- Fidelity National Title
$1,053,000 Fidelity National Title
$785,000 North American Title Company
-- 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
Closed $525,000
Closed $684,416
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 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

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 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-2987

Santa Barbara Multiple Listing Service

APN: 202-0-243-045

Your Personal Tour Guide

Ask me questions while you tour the home.