$581,000
SOLD JAN 23, 2025

2524 Balboa St Oxnard, CA 93036

El Rio Neighborhood
4 Beds
2 Baths
1,353 Sq Ft
6,500 Sq Ft Lot

Recently Sold

$429 Per Sq Ft

36% Below List Price

161 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Living Room
  • Mountainous Community
  • Wood Flooring
  • Laundry Room
  • Chain Link Fence

About This Home

As of January 2025

Major price reduction. Investment units available. Both units are 2+1. Can be delivered vacant if desired. Tenants wish to stay. Open house this Sunday 1-3.

Last Agent to Sell the Property

Bryan Daudette

RE/MAX Gold Coast REALTORS Brokerage Email: bdaudette@hotmail.com License #01874181 Listed on: 05/30/2024

RE/MAX Gold Coast REALTORS

Last Buyer's Agent

Adrian Berari

Adrian Berari, Broker License #01941858

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,500 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • No Sprinklers

Home Design

  • Raised Foundation
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • Living Room
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Available
  • Driveway
  • On-Street Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1450221315

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Oxnard: Other 0035 Subdivision
  • Mountainous Community

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,800
  • Trash Expense $4,080
  • Operating Expense $5,880
  • Gross Income $49,200
  • Net Operating Income $43,320

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Oxnard: Other - 0035
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 1450221315
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: No
  • Levels: One
  • Room Type: Living Room, All Bedrooms Down, Kitchen

Exterior Features

  • Foundation: Slab, Raised
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Water Connected, Sewer Connected, Electricity Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Trash Expense: 4080.00

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6500.00
  • Lot Size Acres: 0.1492

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 49200.00
  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6500.0000 Square Feet
  • Net Operating Income: 43320.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 5880.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
01/23/2025 01/23/25 Sold $581,000 -25.0% $429 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
10/25/2024 10/25/24 Price Changed $775,000 -11.4% $573 / Sq Ft
07/07/2024 07/07/24 Price Changed $875,000 -3.8% $647 / Sq Ft
05/29/2024 05/29/24 For Sale $910,000 -- $673 / 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 $4,445 $613,836 $436,968 $176,868
2024 $4,445 $268,834 $132,941 $135,893
2023 $4,376 $263,563 $130,334 $133,229
2022 $4,265 $258,396 $127,779 $130,617
2021 $4,233 $253,330 $125,274 $128,056
2020 $4,159 $250,735 $123,991 $126,744
2019 $4,084 $245,819 $121,560 $124,259
2018 $3,997 $241,000 $119,177 $121,823
2017 $3,889 $236,276 $116,841 $119,435
2016 $3,822 $231,644 $114,550 $117,094
2015 $3,758 $228,166 $112,830 $115,336
2014 $3,662 $223,699 $110,621 $113,078
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    Bryan Daudette

    RE/MAX

    (805) 701-5198

    1 in this area

    49 Total Sales

    Bryan Daudette
    Section Image

  • A

    Buyer's Agent in 2025

    Adrian Berari

    Adrian Berari, Broker

    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V1-23800

Ventura County Regional Data Share

APN: 145-0-221-315

California Ventura County Oxnard 93036 El Rio

2524 Balboa St, Oxnard, CA

Sold

MultiFamily

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