NOT LISTED FOR SALE

2512 Balboa St Oxnard, CA 93036

El Rio Neighborhood

Estimated Value: $1,147,000

3 Beds
10 Baths
792 Sq Ft
$1,448/Sq Ft Est. Value

Last Sold September 10, 2015

Last sale price $1,200,000 $1,515 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,186/month

41 Days on Market

Highlights

  • 0.43 Acre Lot
  • Tile Flooring
  • Wall Furnace

About This Home

As of September 2015

Investment opportunity available for sale. Six one bedroom and one bath units plus eight studios with bathroom and kitchen. There is also a 1200 square foot warehouse that could be rented out as storage for RV's, Boats or Cars. In the past it was used as a grocery store. Great location right off the 101fwy. Most of the units have been remodeled with new tile, carpet, doors, kitchen cabinets, counters and windows.

Last Agent to Sell the Property

Jerry Lopez

Bella Casa Real Estate License #01300931 Listed on: 07/17/2015

Last Buyer's Agent

Nick Henry

Beachside Partners License #01748131

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,873

Year Built

  • Built in 1953

Lot Details

  • 0.43

Home Design

  • 792 Sq Ft Home

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 10 Bathrooms

Parking

  • Parking Available
  • Shared Driveway

Additional Features

  • 0.43 Acre Lot
  • Wall Furnace

Community Details

  • 14 Units
  • 14 Leased Units

Listing and Financial Details

  • Assessor Parcel Number 1450221195

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,873

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: Yes
  • View: No
  • Zoning: R1
  • Property Type: Residential Income
  • Parcel Number: 1450221195
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 1515.15

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Shared Driveway

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace

Lot Info

  • Lot Size Sq Ft: 18750.00
  • Lot Size Acres: 0.4300

Multi Family

  • Lot Size Area: 18750.0000 Square Feet
  • Number Of Units Leased: 14
  • Number Of Units Total: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2016
Sold by
Las Vegas Lights Exchange Lp
Bought by
Las Vegas Lights Exchange Lp
Current Estimated Value
$1,147,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 17, 2015
Closed on
Jul 31, 2015
Sold by
Perez Martin and Perez Noelia
Bought by
Las Vegas Lights Exchange Llc
Seller's Agent
Jerry Lopez
Bella Casa Real Estate
Buyer's Agent
Nick Henry
Beachside Partners
List Price
$1,180,000
Sold Price
$1,200,000
Premium/Discount to List
$20,000
1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.62%
Original Mortgage
$840,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2006
Sold by
Solis Jorge and Solis Maria C
Bought by
Perez Martin and Perez Noelia

Purchase Details

Closed on
Mar 4, 2005
Sold by
Boatman James E
Bought by
Solis Jorge and Solis Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 21, 1997
Sold by
Jennings Leo B
Bought by
Jennings Leo B and Jennings Joan

Purchase Details

Closed on
Oct 7, 1997
Sold by
Jennings Leo B
Bought by
Boatman James E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Las Vegas Lights Exchange Lp -- Accommodation
Las Vegas Lights Exchange Llc $1,200,000 Stewart Title
Perez Martin $312,000 Lawyers Title Company
Solis Jorge $350,000 Lawyers Title Company
Jennings Leo B -- --
Boatman James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Las Vegas Lights Exchange Lp $1,425,000
Closed Las Vegas Lights Exchange Lp $1,365,000
Closed Las Vegas Lights Exchange Lp $1,200,000
Closed Las Vegas Lights Exchange Llc $1,000,000
Closed Las Vegas Lights Exchange Llc $840,000
Previous Owner Perez Martin $77,800
Previous Owner Solis Jorge $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2015 09/10/15 Sold $1,200,000 +1.7% $1,515 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $1,180,000 -- $1,490 / 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 $22,873 $1,419,905 $580,058 $839,847
2024 $22,873 $1,392,133 $568,684 $823,449
2023 $22,501 $1,364,905 $557,533 $807,372
2022 $21,930 $1,338,211 $546,601 $791,610
2021 $21,770 $1,312,041 $535,884 $776,157
2020 $21,354 $1,298,626 $530,390 $768,236
2019 $20,970 $1,273,233 $519,991 $753,242
2018 $20,523 $1,248,338 $509,796 $738,542
2017 $19,945 $1,223,930 $499,800 $724,130
2016 $19,601 $1,200,000 $490,000 $710,000
2015 $13,015 $613,114 $529,512 $83,602
2014 -- $601,106 $519,141 $81,965
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jerry Lopez

    Bella Casa Real Estate

    (805) 797-7715

    35 Total Sales

    Section Image
  • Nick Henry

    Buyer's Agent in 2015

    Nick Henry

    Beachside Partners

    (805) 705-7311

    60 Total Sales

    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: 215010823

Ventura County Regional Data Share

APN: 145-0-221-195

California Ventura County Oxnard 93036 El Rio

2512 Balboa St, Oxnard, CA

This home is located at 2512 Balboa St, Oxnard, CA 93036 since 17 July 2015 and is currently estimated at $1,147,000, approximately $1,448 per square foot. This property was built in 1953. 2512 Balboa St is a home located in Ventura County with nearby schools including Rio Real Elementary School, Rio Del Valle Middle School, and Rio Mesa High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Ventura County Regional Data Share IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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