NOT LISTED FOR SALE

2503 Colonia Ave Oxnard, CA 93036

El Rio West Neighborhood
6 Beds
3 Baths
2,007 Sq Ft
9,500 Sq Ft Lot

Last Sold June 06, 2022

Last sale price $780,000 $389 Per Sq Ft

28 Days on Market

About This Home

As of June 2022

3 homes on a 9,500 sq. ft. lot. Each home has its own individual address. 2503 Colonia Ave. is a 3 bed, 1 bath 812 sq. ft, 2505 Colonia Ave. is a 1 bed, 1 bath 463 sq. ft., 255 Riverpark Blvd. (fire damage) is a 2 bed, 1 bath - 732 Sq. There is 1 water meter for all units, 3 separate gas meters and 3 separate electrical meters. ft. Large lot and zoning (R1-PD) offers endless possibilities. Only CASH or HARD MONEY OFFERS will be considered given the fire damage to one of the units.

Last Agent to Sell the Property

Heriberto Farfan

The Farfan Group License #01863846 Listed on: 03/22/2022

Last Buyer's Agent

Heriberto Farfan

The Farfan Group License #01863846 Listed on: 03/22/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 9,500 Sq Ft Lot
  • No Common Walls
  • Vinyl Fence
  • Chain Link Fence
  • No Sprinklers

Parking

  • 2 Parking Spaces

Home Design

  • 2,007 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Gas Range
  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, trash collection, water
  • Tax Tract Number 50
  • Assessor Parcel Number 1320044110

Community Details

Overview

  • 3 Buildings
  • Rio Plaza 0391 Subdivision

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $300
  • Operating Expense $800
  • Gross Income $8,400
  • Net Operating Income $8,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 1320044110
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 473.29

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Vinyl
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 9500.00
  • Lot Size Acres: 0.2181

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Gross Income: 8400.00
  • Gross Scheduled Income: 8400.00
  • Insurance Expense: 800.00
  • Lot Size Area: 9500.0000 Square Feet
  • Net Operating Income: 8400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Rent Control: Yes
  • Total Expenses: 800.00

Tax Info

  • Tax Tract Number: 50.04
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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 List to Sale Price per Sq Ft
06/06/2022 06/06/22 Sold $780,000 0.0% $389 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
03/31/2022 03/31/22 Off Market $780,000 -- --
03/22/2022 03/22/22 For Sale $949,900 -- $473 / Sq Ft
Source: Ventura County Regional Data Share

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 $9,606 $827,742 $583,665 $244,077
2024 $9,606 $811,512 $572,220 $239,292
2023 $9,346 $795,600 $561,000 $234,600
2022 $3,426 $289,846 $191,124 $98,722
2021 $3,434 $284,163 $187,376 $96,787
2020 $3,507 $281,251 $185,455 $95,796
2019 $3,364 $275,737 $181,819 $93,918
2018 $3,251 $270,331 $178,254 $92,077
2017 $3,164 $265,031 $174,759 $90,272
2016 $3,030 $259,835 $171,333 $88,502
2015 $3,078 $255,934 $168,760 $87,174
2014 $2,945 $250,922 $165,455 $85,467
Source: Public Records

Agents Affiliated with this Home

  • Heriberto Farfan

    Seller's Agent in 2022

    Heriberto Farfan

    The Farfan Group

    (805) 766-0267

    2 in this area

    58 Total Sales

    Heriberto Farfan
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Map

Source: Ventura County Regional Data Share

MLS Number: V1-11366

Ventura County Regional Data Share

APN: 132-0-044-110

California Ventura County Oxnard 93036 El Rio West

2503 Colonia Ave, Oxnard, CA

Not Listed for Sale

MultiFamily

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