NOT LISTED FOR SALE
3 Beds
2 Baths
-- Sq Ft
0.31 Acre Lot

Sale Details

Date Sold: July 31, 2015

Last sale price $1,585,000

About This Home

As of July 2015

Sold before processing. Garden style 10-unit apartment complex near downtown Oxnard. (2) two-bedroom, one-bath units and (8) one-bedroom, one-bath units. (5) 2 car garages. Laundry room. Separate electric, gas meters. $11,150/mo. income. Sold for 11.84 GRM, 4.85% CAP.

Last Agent to Sell the Property

Nick Henry

Beachside Partners License #01748131 Listed on: 07/30/2015

Last Buyer's Agent

Nick Henry

Beachside Partners License #01748131 Listed on: 07/30/2015

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 0.31

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Leased Washer and Dryer
  • 13,483 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2000323170

Community Details

Overview

  • 10 Units
  • Eastwood Lathrop 0323 Subdivision

Building Details

  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0.31 Acres

Listing Details

  • CapRate: 4.85
  • Property Attached: Yes
  • Subdivision Name Other: Eastwood - Lathrop - 0323
  • View: No
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 2000323170
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Levels: Two

Exterior Features

  • Pool Private: No
  • Spa: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 13483.00
  • Lot Size Acres: 0.3095

Multi Family

  • Gross Multiplier: 11.84
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 125.00
  • Lot Size Area: 13483.0000 Square Feet
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2021
Sold by
Pal Dharam and Pal Vijay
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2016
Sold by
Pal Dharam and Pal Vijay
Bought by
Pal Dharam and Pal Vijay

Purchase Details

Listed on
Jul 30, 2015
Closed on
Jul 6, 2015
Sold by
Armstrong Ardis B
Bought by
Pal Dharam and Pal Vijay
Seller's Agent
Nick Henry
Beachside Partners
Buyer's Agent
Nick Henry
Beachside Partners
Sold Price
$1,585,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,104,000
Interest Rate
3.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 2007
Sold by
308 Palm Llc
Bought by
Woodruff Cordelia B and Ardis B Armstrong Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 2005
Sold by
Gress David R
Bought by
308 Palm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2005
Sold by
Gress David R
Bought by
Gress David R and The Gress Family Living Trust

Purchase Details

Closed on
Jul 11, 2001
Sold by
Midstream Exchange Company
Bought by
Gress David R and Gress Kathleen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
7.21%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2001
Sold by
Jenny Ronald and Jenny Jane
Bought by
Midstream Exchange Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,500
Interest Rate
7.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 1997
Sold by
Trojan & Palm Park
Bought by
Jenny Ronald and Jenny Jane
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,779,000 Wfg National Title Company
Pal Dharam -- None Available
Pal Dharam $1,585,000 First American Title Co
Woodruff Cordelia B $1,415,000 North American Title Co
308 Palm Llc -- North American Title
Gress David R -- --
Gress David R $835,000 Lawyers Title Company
Midstream Exchange Company -- Lawyers Title Company
Jenny Ronald -- Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,100,000
Previous Owner Pal Dharam $1,104,000
Previous Owner Woodruff Cordelia B $585,000
Previous Owner 308 Palm Llc $725,000
Previous Owner Gress David R $616,000
Previous Owner Jenny Ronald $165,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2015 07/31/15 Sold $1,585,000 -- --
07/31/2015 07/31/15 Pending -- -- --
Source: Ventura County Regional Data Share

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $35,737 $2,948,790 $795,906 $2,152,884
2024 $35,737 $2,891,069 $780,300 $2,110,769
2023 $34,433 $2,834,480 $765,000 $2,069,480
2022 $33,397 $2,779,000 $750,000 $2,029,000
2021 $21,119 $1,730,692 $546,822 $1,183,870
2020 $21,511 $1,712,948 $541,216 $1,171,732
2019 $20,936 $1,681,861 $530,604 $1,151,257
2018 $20,644 $1,648,933 $520,200 $1,128,733
2017 $19,594 $1,616,650 $510,000 $1,106,650
2016 $18,911 $1,585,000 $500,000 $1,085,000
2015 $16,552 $1,350,000 $380,000 $970,000
2014 $14,862 $1,200,000 $340,000 $860,000
Source: Public Records

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Map

Source: Ventura County Regional Data Share

MLS Number: V0-215011499

Ventura County Regional Data Share
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