NOT LISTED FOR SALE

238 E Pearl St Port Hueneme, CA 93041

8 Beds
10 Baths
5,456 Sq Ft
0.25 Acres

Last Sold June 01, 2022

Last sale price $2,450,000 $449 Per Sq Ft

10 Days on Market

Highlights

  • Property is near an ocean
  • Wood Flooring
  • Laundry Facilities
  • Property is near a park
  • 10 Car Detached Garage
  • Property is in excellent condition

About This Home

As of June 2022

Located in Port Hueneme this well maintained 10-unit complex is in close proximity to schools, parks, shopping, municipal services (fire station and police station), Point Mugu and the port. The property features eight one-bedroom units and two studio units. Located at the rear of the property are 10 designated covered parking spaces, small personal storage areas and on site laundry. All units have been updated. Duel pane windows, floor coverings, light fixtures, countertops and vanities, showers and tubs have all been updated. Downstairs units feature hard floors. Each unit features an abundance of closet space and storage.

Gross Income: $156,252 Vacancy Allowance%: 3 Operating Expenses: $36,024 GOI: $151,564 NOI: $116,980 CAP: 4.67

Last Agent to Sell the Property

Kirk Renga

Renga Properties License #01894380 Listed on: 02/11/2022

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.25 Acre Lot
  • Property is in excellent condition

Home Design

  • Slab Foundation

Interior Spaces

  • 5,456 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Vinyl Plank

Parking

  • 10 Car Detached Garage
  • 10 Carport Spaces

Outdoor Features

  • Property is near an ocean

Location

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Individual Gas Meter

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 206-0-074-030

Community Details

Overview

  • 10 Units
  • Oxnard Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Building Details

  • Electric Expense $720
  • Fuel Expense $1,956
  • Insurance Expense $3,673
  • Maintenance Expense $1,500
  • Trash Expense $1,893
  • Water Sewer Expense $6,306
  • New Taxes Expense $19,975
  • Gross Income $156,252
  • Net Operating Income $116,980

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1963
  • Income Expenses Annual Income: 156252.0
  • Capitalization Rate: 4.67
  • Income Expenses Electric Expense: 720.0
  • Income Expenses Gas Expense: 1956.0
  • Maintenance Expense: 1500.0
  • Monthly Income: 13021.0
  • Income Expenses Trash Expense: 1893.0
  • Income Expenses Water Expense: 6306.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Miscellaneous Parking Spaces: 10.0
  • Building Stories: 2
  • ResoLaundryFeatures: Bldg
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Other, Smoke Detector(s)
  • Income And Expenses Maintenance Expense: 1500.0
  • Subdivision Name: Oxnard
  • Reso Accessibility Features: Other
  • Reso Flooring: Carpet, Other, Wood/Laminate
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1963
  • Property Information Apx # Acres: 0.25
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • HeatingCooling Wall3: Yes
  • Parking Info Carport2: Yes
  • Parking Info Total # Carport Spaces2: 10.0
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Security Smoke Detector(s)2: Yes
  • Property Information Main House SqFt: 5456.0
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 10700.0
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • General Property Information Stories2: 2.0
  • Pets No8: Yes
  • Parking Info Detached3: Yes
  • IncomeExpenses Taxes6: 19975.0
  • Laundry Bldg: Yes
  • IncomeExpenses NOI2: 116980
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Construction Type: Other
  • Acres: 0.25
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Carport, Detached, Other
  • Total Parking Spaces: 10.0

Fee Information

  • Annual Fuel Expense: 1956.0
  • Trash Expense: 1893.0
  • Annual Water Sewer Expense: 6306.0

Schools

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

Lot Info

  • Parcel #: 206-0-074-030
  • Zoning: R-3
  • Lot Size Sq Ft: 10700.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 10
  • Electric Expense: 720.0
  • Annual Gross Income: 156252.0
  • Insurance Expense: 3673.0
  • Total Actual Rent: 13021.0

Range of Values:

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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
06/01/2022 06/01/22 Sold $2,450,000 0.0% $449 / Sq Ft
05/22/2022 05/22/22 Off Market $2,450,000 -- --
02/21/2022 02/21/22 Pending -- -- --
11/13/2015 11/13/15 Sold $1,505,000 +3.8% $276 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $1,450,000 -- $266 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kirk Renga

    Renga Properties

    (805) 886-9302

    1 in this area

    8 Total Sales

    Kirk Renga
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member Agent

    Non Member Office

  • B

    Seller's Agent in 2015

    Brian Johnson

    Marcus and Millichap

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-390

Santa Barbara Multiple Listing Service
California Ventura County Port Hueneme 93041

238 E Pearl St, Port Hueneme, CA

This home is located at 238 E Pearl St, Port Hueneme, CA 93041 since 11 February 2022. This property was built in 1963. 238 E Pearl St is a home located in Ventura County with nearby schools including Hueneme Elementary, Hueneme High School, and St. Anthony's Elementary School.

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