NOT LISTED FOR SALE

420 E Pleasant Valley Rd Oxnard, CA 93033

Cypress Neighborhood
8 Beds
4 Baths
3,724 Sq Ft
6,665 Sq Ft Lot

Last Sold August 15, 2018

Last sale price $851,000 $229 Per Sq Ft

38 Days on Market

Highlights

  • Laundry Room
  • Level Lot
  • 5-minute walk to Garden City Acres Park

About This Home

As of August 2018

Great investment opportunity. This 2 story four unit complex contains 3,724 square foot with 6,665 square foot lot. All units are 2 bedrooms 1 bathroom and all are rented out with good monthly income with 6% cap rate. Exterior amenities include detached 4 car garage with alley access and units have covered concrete porches. Nearby schools include Julien Hathaway Elementary School, Hueneme High School and Charles Blackstock Junior High School. The property is near Pleasant Valley Park, Southwinds Park and Johnson Creek Park.

Last Agent to Sell the Property

Judy Tyng-Ru Chen

Judy Chen, BROKER License #01847387 Listed on: 04/24/2018

Last Buyer's Agent

Jolanta Jonutyte

Premier Agent Network Inc. License #01787837

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 6,665 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • 3,724 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 2220041240

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,390
  • New Taxes Expense $6,768
  • Operating Expense $9,358
  • Net Operating Income $60,242

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Zoning: R3PD
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 2220041240
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 228.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999
  • Lot Size Sq Ft: 6665.00

Multi Family

  • Gross Scheduled Income: 69600.00
  • Insurance Expense: 1390.00
  • Net Operating Income: 60242.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 9358.00
  • Rent Control: No
  • Total Expenses: 9358.00

Tax Info

  • New Taxes Expense: 6768.00
  • Tax Census Tract: 45.03
  • Tax Lot: 3
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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
08/15/2018 08/15/18 Sold $851,000 +1.6% $229 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $838,000 -- $225 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,595 $949,303 $613,534 $335,769
2024 $10,595 $930,690 $601,504 $329,186
2023 $10,775 $912,442 $589,710 $322,732
2022 $10,127 $894,551 $578,147 $316,404
2021 $10,124 $877,011 $566,811 $310,200
2020 $10,416 $868,020 $561,000 $307,020
2019 $10,017 $851,000 $550,000 $301,000
2018 $6,948 $584,415 $270,563 $313,852
2017 $6,769 $572,957 $265,258 $307,699
2016 $6,455 $561,723 $260,057 $301,666
2015 $6,539 $553,287 $256,151 $297,136
2014 $6,397 $542,451 $251,135 $291,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18094803

California Regional Multiple Listing Service (CRMLS)

APN: 222-0-041-240