NOT LISTED FOR SALE

1400 Edgewood Way Oxnard, CA 93030

Fremont North Neighborhood
-- Bed
-- Bath
10,642 Sq Ft
0.31 Acre Lot

Sale Details

Date Sold: September 18, 2017

Last sale price $3,100,000 $291 Per Sq Ft

59 Days on Market

Highlights

  • 0.31 Acre Lot
  • Laundry Room
  • Video Cameras
  • Property is near park, public transit, schools, shops, and bus stop

About This Home

As of September 2017

First time on the market in years! Fantastic opportunity to acquire an asset of this size located in the Fremont North neighborhood. Built in 1964, this 2-story property has an
excellent unit mix of (10) studios, (10) 1BD/1BA and (2) 2BD/1BA apartments. More than $10,000 of renovations have been made to each of the units (with exception to one) which include granite counters, tile floors, new fixtures, new lighting, and new bathrooms with tile showers. The property has key access security doors for extra privacy and beautiful new landscaping in the interior courtyard. A common laundry room and on-site carport parking are also available for tenants. Security cameras provide additional peace
of mind for tenants.

Last Agent to Sell the Property

Steve Golis

Radius Group Commercial R.E. License #00772218 Listed on: 07/06/2017

Radius Group Commercial R.E.

Last Buyer's Agent

Steve Golis

Radius Group Commercial R.E. License #00772218 Listed on: 07/06/2017

Radius Group Commercial R.E.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 13,697 Sq Ft Lot

Interior Spaces

  • 2-Story Property
  • Video Cameras
  • Laundry Room

Parking

  • 24 Parking Spaces
  • Carport

Location

  • Property is near park, public transit, schools, shops, and bus stop
  • Property near a hospital

Community Details

  • 22 Units
  • Net Operating Income $128,615

Listing and Financial Details

  • The owner pays for cbl TV, water, gas
  • Assessor Parcel Number 200-0-352-035

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.31 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1964
  • Capitalization Rate: 3.67
  • Gross Rent Multiplier: 13.30
  • Meters Sep Meter Elec: Y
  • Miscellaneous Parking Spaces: 24.0
  • Building Stories: 2
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Security Camera
  • Property Information Year Built2: 1964
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Parking Info Carport2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Proximity Near Shopping2: Yes
  • Security Security Camera2: Yes
  • Property Information Apx Lot SqFt: 13697.0
  • Proximity Near Bus: Yes
  • Proximity Near Hospital2: Yes
  • General Property Information Stories2: 2.0
  • IncomeExpenses NOI2: 128615
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.31

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 24.0

Schools

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

Lot Info

  • Parcel #: 200-0-352-035
  • Zoning: R-4
  • Lot Size Sq Ft: 13697.0

Rental Info

  • Owner Pays: Cbl TV, Water, Gas

Multi Family

  • Number Of Units Total: 22

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
Jul 6, 2017
Closed on
Jul 20, 2017
Sold by
Bought by
Seller's Agent
Steve Golis
Radius Group Commercial R.E.
Buyer's Agent
Steve Golis
Radius Group Commercial R.E.
List Price
$3,500,000
Sold Price
$3,100,000
Premium/Discount to List
-$400,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,015,000
Interest Rate
0.0393%
Mortgage Type
Commercial
Source: Public Records
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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
$3,100,000 Title 365
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
Previous Owner $2,015,000
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
09/18/2017 09/18/17 Sold $3,100,000 -11.4% $291 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $3,500,000 -- $329 / 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 $42,869 $3,538,269 $1,001,292 $2,536,977
2024 $42,869 $3,469,107 $981,658 $2,487,449
2023 $41,305 $3,390,301 $962,409 $2,427,892
2022 $40,062 $3,334,825 $943,538 $2,391,287
2021 $39,744 $3,269,652 $925,037 $2,344,615
2020 $40,486 $3,236,240 $915,552 $2,320,688
2019 $39,209 $3,162,000 $897,600 $2,264,400
2018 $38,896 $3,119,200 $880,000 $2,239,200
2017 $6,979 $563,361 $53,137 $510,224
2016 $6,761 $554,102 $52,096 $502,006
2015 $6,828 $545,597 $51,314 $494,283
2014 -- $534,515 $50,310 $484,205
Source: Public Records

Agents Affiliated with this Home

  • Steve Golis

    Seller's Agent in 2017

    Steve Golis

    Radius Group Commercial R.E.

    (805) 879-9624

    96 Total Sales

    Steve Golis
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-1667

Santa Barbara Multiple Listing Service

APN: 200-0-352-035

California Ventura County Oxnard 93030 Fremont North

1400 Edgewood Way, Oxnard, CA

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