NOT LISTED FOR SALE
6 Beds
4 Baths
6,846 Sq Ft
0.39 Acres

Last Sold May 10, 2024

Last sale price $2,400,000 $351 Per Sq Ft

109 Days on Market

Highlights

  • 0.39 Acre Lot
  • Laundry Room
  • Forced Air Heating System

About This Home

As of May 2024

Property is for sale on an individual basis or in connection to "The Oxnard Collection Portfolio". Please reach out directly for access to the current rent roll, financial set up and most recent P&L.

Last Listed By

Mason Rowland

Keller Williams South Bay Brokerage Phone: 310-490-7623 License #02035921 Listed on: 12/18/2023

Keller Williams South Bay

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.39 Acre Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 9 Open Parking Spaces
  • 9 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 6,846 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Additional Features

  • Suburban Location
  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 1 / 6
  • Tax Tract Number 3001
  • Assessor Parcel Number 2020082010

Community Details

Overview

  • 2 Buildings
  • 10 Units

Amenities

  • Laundry Facilities

Building Details

  • 10 Leased Units
  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $5,996
  • Fuel Expense $3,367
  • Insurance Expense $5,443
  • Professional Management Expense $7,752
  • Trash Expense $5,357
  • Water Sewer Expense $5,357
  • Operating Expense $70,894
  • Gross Income $8,964
  • Net Operating Income $119,042

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

9

Listing Details

  • CapRate: 4.40
  • Price Per Unit: 250000
  • Professional Management Expense: 7752.00
  • Property Attached: Yes
  • Subdivision Name Other: Wilson
  • Water Sewer Expenses: 5357.00
  • Zoning: R3
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 2020082010
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 350.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 9.00
  • Total Parking Spaces: 18.00
  • Uncovered Spaces: 9.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 5357.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 16800.00
  • Lot Size Acres: 0.3857

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 750 Square Feet
  • Average3 Bed Area: 1000 Square Feet
  • Average Studio Area: 500 Square Feet
  • Electric Expense: 5996.00
  • Fuel Expense: 3367.00
  • Gross Income: 8964.00
  • Gross Multiplier: 13.93
  • Gross Scheduled Income: 193812.00
  • Insurance Expense: 5443.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 16800.0000 Square Feet
  • Net Operating Income: 119042.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Operating Expense: 70894.00
  • Other Income Description: Water & Laundry Income
  • Rent Control: Yes
  • Total Expenses: 70894.00

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 87.00
  • Tax Lot: 1
  • Tax Tract Number: 03001

Range of Values:

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Sold Price
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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 Change Sq Ft Price
05/10/2024 05/10/24 Sold $2,400,000 -4.0% $351 / Sq Ft
03/06/2024 03/06/24 Price Changed $2,500,000 -7.4% $365 / Sq Ft
12/18/2023 12/18/23 For Sale $2,700,000 -- $394 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23227545

California Regional Multiple Listing Service (CRMLS)

APN: 202-0-082-010