Seller's Agent in 2024
Craig Lieberman
Apartment Investment Specialists
(805) 687-5557
3 in this area
26 Total Sales
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
Apartment Investment Specialists License #00682741 Listed on: 09/01/2023
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01269270
| 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 |
Seller's Agent in 2024
Craig Lieberman
Apartment Investment Specialists
(805) 687-5557
3 in this area
26 Total Sales
Buyer's Agent in 2024
Gary Schoeffler
Berkshire Hathaway HomeServices California Properties
(805) 320-4472
1 in this area
64 Total Sales
Seller's Agent in 2021
Angela Skeels
eXp Realty of California Inc
(805) 320-9133
1 in this area
26 Total Sales
Source: Santa Barbara Multiple Listing Service
MLS Number: 23-2621
APN: 202-0-242-035