Seller's Agent in 2013
Craig Lieberman
Apartment Investment Specialists
(805) 687-5557
24 Total Sales
1315 Devonshire Dr Oxnard, CA 93030
Fremont North Neighborhood
--
Bed
--
Bath
11,999
Sq Ft
0.34
Acres
Highlights
- 0.34 Acre Lot
- Laundry Room
- 5-minute walk to Fremont Tot Park
- Property is near public transit, shops, and bus stop
- Garage
About This Home
As of April 2013This is a 25-unit, two story garden-style apartment property consisting of 13 studios and 12 one-bed / one-bath units. This is a well-maintained building, offering an investor one of the best cash flow opportunities available in the coastal region. The property is well-located on a corner lot in front of a bus stop and within walking distance from a grocery-anchored shopping center, making this a highly desired rental property by the tenant community. This apartment community offers its tenancy one-to-one garage parking, and there is ample street parking available. The very low GRM and generous Cap Rate translates into high cash flow for the perspective investor.
Last Agent to Sell the Property
Apartment Investment Specialists License #00682741 Listed on: 02/20/2013
Last Buyer's Agent
Apartment Investment Specialists License #00682741 Listed on: 02/20/2013
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 0.34 Acre Lot
- Property is in good condition
Parking
- Garage
Additional Features
- Laundry Room
- Property is near public transit, shops, and bus stop
- Individual Gas Meter
Listing and Financial Details
- Assessor Parcel Number 200-0-151-115
Community Details
Overview
- 25 Units
Building Details
- Gross Income $244,020
- Net Operating Income $148,870
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/18/2013 04/18/13 | Sold | $2,325,000 | 0.0% | $194 / Sq Ft | |
| 04/18/2013 04/18/13 | Sold | $2,325,000 | -1.1% | $194 / Sq Ft | View Prior Sale |
| 04/02/2013 04/02/13 | Pending | -- | -- | -- | |
| 04/02/2013 04/02/13 | Pending | -- | -- | -- | |
| 02/20/2013 02/20/13 | For Sale | $2,350,000 | 0.0% | $196 / Sq Ft | |
| 02/01/2013 02/01/13 | For Sale | $2,350,000 | -- | $196 / 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 | $34,744 | $2,863,059 | $1,231,424 | $1,631,635 |
| 2024 | $34,744 | $2,806,921 | $1,207,278 | $1,599,643 |
| 2023 | $33,475 | $2,751,884 | $1,183,606 | $1,568,278 |
| 2022 | $32,467 | $2,697,926 | $1,160,398 | $1,537,528 |
| 2021 | $32,208 | $2,645,026 | $1,137,645 | $1,507,381 |
| 2020 | $32,806 | $2,617,907 | $1,125,981 | $1,491,926 |
| 2019 | $31,880 | $2,566,576 | $1,103,903 | $1,462,673 |
| 2018 | $31,433 | $2,516,252 | $1,082,258 | $1,433,994 |
| 2017 | $29,830 | $2,466,915 | $1,061,038 | $1,405,877 |
| 2016 | $28,786 | $2,418,545 | $1,040,234 | $1,378,311 |
| 2015 | $29,091 | $2,382,217 | $1,024,609 | $1,357,608 |
| 2014 | $28,772 | $2,335,555 | $1,004,540 | $1,331,015 |
Source: Public Records
Agents Affiliated with this Home
-
Craig Lieberman
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 13-577
APN: 200-0-151-115
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