NOT LISTED FOR SALE

161 N Hayes Ave Oxnard, CA 93030

La Colonia Neighborhood

Estimated Value: $608,845

1 Bed
1 Bath
925 Sq Ft
$658/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $537,500 $581 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,753/month

45 Days on Market

Highlights

  • Dual Staircase
  • Traditional Architecture
  • Laundry Room
  • Property is near public transit
  • Balcony
  • Accessible Parking

About This Home

As of August 2022

Outstanding opportunity for an investor, contractor or owner user. Huge upside potential on this mixed used property. Income from the commercial side(bottom of the building) and the residential duplex is great. Property is Zoned C2. Many uses included with city's plan.

Last Agent to Sell the Property

Rudy Campos

eXp Realty of California Inc License #00798229 Listed on: 06/01/2022

eXp Realty of California Inc

Last Buyer's Agent

Rudy Campos

eXp Realty of California Inc License #00798229 Listed on: 06/01/2022

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,788

Year Built

  • Built in 1968

Lot Details

  • 4,160 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home
  • Fenced
  • No Landscaping
  • Rectangular Lot
  • Level Lot
  • No Sprinklers
  • Back Yard
  • Zero Lot Line

Home Design

  • Traditional Architecture
  • Property Attached
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Hardboard
  • Asphalt
  • Stucco

Interior Spaces

  • 925 Sq Ft Home
  • 2-Story Property
  • Dual Staircase

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Parking Available
  • Driveway

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 2010112030

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $900
  • Operating Expense $2,877
  • Gross Income $46,800
  • Net Operating Income $42,519

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,788

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Ramona Gardens
  • View: No
  • Zoning: C2
  • Architectural Style: Traditional
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 2010112030
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases, Balcony
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile, Vinyl
  • Accessibility Features: Parking
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 594.59
  • Room Type: All Bedrooms Up

Exterior Features

  • Direction Faces: East
  • Fence: Yes
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Asphalt, Drywall Walls, Frame, Hardboard, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Asphalt
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level, Level with Street, Near Public Transit, No Landscaping, Rectangular Lot, Sprinklers None, Zero Lot Line
  • Lot Size: 4160
  • Lot Size Sq Ft: 4160.00
  • Lot Size Acres: 0.0955

Multi Family

  • Average1 Bed Area: 250
  • Gross Income: 46800.00
  • Gross Multiplier: 11.75
  • Gross Operating Income: 46800.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 900.00
  • Lot Size Area: 4160.0000 Square Feet
  • Net Operating Income: 42519.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 2877.00
  • Operating Expense Percent: 2877.00
  • Rent Control: Yes
  • Total Actual Rent: 46800.00
  • Total Expenses: 2877.00

Tax Info

  • Tax Year: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jun 10, 2022
Sold by
Adame Porfirio V
Bought by
Jg Holding Ltd
Seller's Agent
Rudy Campos
eXp Realty of California Inc
Buyer's Agent
Rudy Campos
RE/MAX Gold Coast REALTORS
List Price
$550,000
Sold Price
$537,500
Premium/Discount to List
-$12,500
-2.27%
Current Estimated Value
$608,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,345
Avg. Annual Appreciation
3.92%
Original Mortgage
$360,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2010
Sold by
Adame Porfirio V and Adame Marina
Bought by
Adame Porfirio

Purchase Details

Closed on
Nov 30, 1998
Sold by
Adame Porforio V
Bought by
Adame Porfirio and Adame Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 1998
Sold by
Adame Maria C
Bought by
Adame Porfirio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Jg Holding Ltd $537,500 First American Title
Adame Porfirio -- None Available
Adame Porfirio -- Lawyers Title Company
Adame Porfirio -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jg Holding Ltd $360,000
Previous Owner Adame Porfirio $75,000
Previous Owner Adame Porfirio $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2022 08/02/22 Sold $537,500 -2.3% $581 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $550,000 -- $595 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

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 $6,788 $559,215 $208,080 $351,135
2024 $6,788 $548,250 $204,000 $344,250
2023 $6,540 $537,500 $200,000 $337,500
2022 $1,992 $162,650 $47,828 $114,822
2021 $1,976 $159,461 $46,890 $112,571
2020 $2,013 $157,828 $46,410 $111,418
2019 $1,957 $154,734 $45,500 $109,234
2018 $1,930 $151,701 $44,608 $107,093
2017 $1,833 $148,728 $43,734 $104,994
2016 $1,770 $145,813 $42,877 $102,936
2015 $1,789 $143,625 $42,234 $101,391
2014 $1,769 $140,812 $41,407 $99,405
Source: Public Records

Agents Affiliated with this Home

  • Rudy Campos

    Seller's Agent in 2022

    Rudy Campos

    eXp Realty of California Inc

    (805) 485-2616

    3 in this area

    50 Total Sales

    Rudy Campos
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Map

Source: Ventura County Regional Data Share

MLS Number: V1-12832

Ventura County Regional Data Share

APN: 201-0-112-030

California Ventura County Oxnard 93030 La Colonia

161 N Hayes Ave, Oxnard, CA

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