NOT LISTED FOR SALE

1311 Isleton Place Oxnard, CA 93030

Hobson Park West Neighborhood
9 Beds
7 Baths
-- Sq Ft
7,350 Sq Ft Lot

Last Sold October 31, 2023

Last sale price $1,000,000

16 Days on Market

Highlights

  • Laundry Room
  • Fenced
  • Heating Available

About This Home

As of October 2023

Amazing opportunity to own a 4 unit apartment building! This property has a great mix of rentals with a 3/2, two 2/1.5's, and a 2/1. Each unit has its own garage, and washer/dryer hook ups. Property management, and long term month to month tenants in place. Current rents are under market, last rent increase was September 2023. Tenants pay gas and electricity. Excellent rental to add to your portfolio!

Last Agent to Sell the Property

Nick Lilly

Coastlands Real Estate Group License #02065499 Listed on: 09/13/2023

Last Buyer's Agent

Nick Lilly

Coastlands Real Estate Group License #02065499 Listed on: 09/13/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 7,350 Sq Ft Lot
  • No Common Walls
  • Fenced

HOA Fees

  • $563 Monthly HOA Fees

Parking

  • 5 Car Garage
  • Parking Available

Home Design

  • Quadruplex

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Additional Features

  • Laundry Room
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 2020242065

Community Details

Overview

  • 4 Units
  • Main Street Owners Association, Phone Number (805) 984-0355

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Fuel Expense $1,030
  • Water Sewer Expense $4,358
  • Operating Expense $26,006
  • Gross Income $73,605
  • Net Operating Income $50,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

HOA Fees

$563 per month

Parking

5

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 4358.02
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 2020242065
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes

Exterior Features

  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 562.89
  • Association Fee Frequency: Monthly
  • Association Name: Main Street Owners Association
  • Phone: 8059840355
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7350.00
  • Lot Size Acres: 0.1687

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 1030.00
  • Gross Income: 73604.76
  • Gross Scheduled Income: 76801.58
  • Lot Size Area: 7350.0000 Square Feet
  • Net Operating Income: 50000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 26000.00
  • Rent Control: Yes
  • Total Expenses: 26006.00
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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
10/31/2023 10/31/23 Sold $1,000,000 -9.1% --
09/29/2023 09/29/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $1,100,000 -- --
Source: Ventura County Regional Data Share

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 $12,367 $1,020,000 $673,200 $346,800
2024 $12,367 $1,000,000 $660,000 $340,000
2023 $4,830 $393,739 $62,927 $330,812
2022 $4,686 $386,019 $61,693 $324,326
2021 $4,649 $378,450 $60,483 $317,967
2020 $4,735 $374,571 $59,864 $314,707
2019 $4,602 $367,228 $58,691 $308,537
2018 $4,538 $360,029 $57,541 $302,488
2017 $4,309 $352,970 $56,413 $296,557
2016 $4,159 $346,050 $55,307 $290,743
2015 $4,203 $340,854 $54,477 $286,377
2014 $4,157 $334,179 $53,411 $280,768
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Nick Lilly

    Coastlands Real Estate Group

    (805) 746-9884

    1 in this area

    10 Total Sales

    Nick Lilly
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Map

Source: Ventura County Regional Data Share

MLS Number: V1-19994

Ventura County Regional Data Share

APN: 202-0-242-065

California Ventura County Oxnard 93030 Hobson Park West

1311 Isleton Place, Oxnard, CA

Not Listed for Sale

MultiFamily

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