NOT LISTED FOR SALE
-- Bed
-- Bath
3,868 Sq Ft
7,350 Sq Ft Lot

Last Sold January 19, 2024

Last sale price $1,432,800 $370 Per Sq Ft

140 Days on Market

About This Home

As of January 2024

Seller will consider carrying Loan!
Terms to include 7% interest rate with $700,000 down
This 4-plex is comprised (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 ($101,220/year), a critical element for Oxnard residential income properties that are subject to the recently adopted Rent Stabilization Ordinance (''RSO'') that caps the annual rent growth to 4% of unit base rents, making this property have a distinct advantage over most other comparable 4-plexes in the Oxnard residential income market.
See seller proforma in the documents section. In fact, when considering all other Oxnard 4plexes sold since the beginning of 2021, this property generates more than 25% higher annual income than the next highest income-generating ($79,860) 4plex sold in the Oxnard market during that period.
Another strong advantage 1310 Hull Place holds over its property piers is the fact that it was constructed in 1980 and would be expected to suffer less maintenance costs than most other of the comparable 4plexes.

Last Agent to Sell the Property

Craig Lieberman

Apartment Investment Specialists License #00682741 Listed on: 09/01/2023

Apartment Investment Specialists

Last Buyer's Agent

Gary Schoeffler

Berkshire Hathaway HomeServices California Properties License #01269270

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 7,350

Parking

  • Garage

Additional Features

  • 7,350 Sq Ft Lot
  • Individual Gas Meter

Community Details

  • 4 Units
  • Gross Income $101,220

Listing and Financial Details

  • Assessor Parcel Number 202-0-242-035

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: 101220.0
  • Monthly Income: 8435.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Garage Yn: Yes
  • Property Information Year Built2: 1980
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Property Information Apx Lot SqFt: 7350.0
  • Parking Info Garages: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.17

Garage/Parking

  • Parking Features: Garages

Schools

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

Lot Info

  • Parcel #: 202-0-242-035
  • Zoning: R-4
  • Lot Size Sq Ft: 7350.0

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 101220.0
  • Total Actual Rent: 8435.0

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
01/19/2024 01/19/24 Sold $1,432,800 -1.2% $370 / Sq Ft
09/29/2023 09/29/23 Price Changed $1,450,000 -1.7% $375 / Sq Ft
09/01/2023 09/01/23 For Sale $1,475,000 +34.1% $381 / Sq Ft
06/15/2021 06/15/21 Sold $1,100,000 -4.3% $284 / Sq Ft View Prior Sale
04/26/2021 04/26/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $1,150,000 -- $297 / 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: 23-2621

Santa Barbara Multiple Listing Service

APN: 202-0-242-035