$3,200,000

Estimated payment $20,873/month

Total Views 4,712
-- Bed
-- Bath
5,392 Sq Ft
$593 Price per Sq Ft

Highlights

  • Property near a hospital
  • Garage
  • Property is in excellent condition
  • Vinyl Plank Flooring

About This Home

Fully renovated and offering a current 7.04% CAP rate in South Oxnard. This beautiful 8-unit courtyard-style multi-family investment asset boasts fresh exterior paint, landscaping and interior unit remodels. Unit mix consists of (4) 1BD/1BA with large fenced private front patios and (4) 2BD/2BA townhouse-style units with 2nd floor patios. Seven of eight apartments have been recently fitted with modern appliances, new windows, flooring, paint and washer/dryer hook-ups. Tenants enjoy the ease of off street parking as well as (4) 2-car garages and (4) 1-car garages. This asset is located in a prime location near shopping, dining and California State University Channel Islands. Don't miss out on making this turn-key investment asset yours.

Listing Agent

Steve Golis

Radius Group Commercial R.E. License #00772218 Listed on: 05/29/2025

Radius Group Commercial R.E.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • Property is in excellent condition

Interior Spaces

  • 5,392 Sq Ft Home
  • 2-Story Property
  • Vinyl Plank Flooring
  • Laundry in unit

Parking

  • Garage
  • Uncovered Parking

Location

  • Property near a hospital
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 203-0-343-155

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $400
  • Trash Expense $6,500
  • New Taxes Expense $33,920
  • Net Operating Income $225,380

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1988
  • Capitalization Rate: 7.04
  • Income Expenses Electric Expense: 400.0
  • Monthly Income: 25000.0
  • Income Expenses Trash Expense: 6500.0
  • Building Stories: 2
  • ResoLaundryFeatures: In Unit
  • Reso Flooring: Wood/Laminate
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1988
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Condo:Laundry in Unit: Yes
  • Parking Info Uncovered: Yes
  • Condition Excellent: Yes
  • Proximity Near School(s)2: Yes
  • Property Information Main House SqFt: 5392.0
  • FlrWdw Coverings WoodLaminate2: Yes
  • Property Information Apx Lot Size FxD: 13503
  • Proximity Near Hospital2: Yes
  • General Property Information Stories2: 2.0
  • Parking Info Garages: Yes
  • IncomeExpenses Taxes6: 33920.0
  • IncomeExpenses NOI2: 225380
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Garage/Parking

  • Parking Features: Garages, Uncovered

Fee Information

  • Trash Expense: 6500.0

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 203-0-343-155
  • Zoning: R-4
  • ResoLotSizeUnits: Apx Lot Size FxD

Multi Family

  • Number Of Units Total: 8
  • Electric Expense: 400.0
  • Total Actual Rent: 25000.0

Map

Range of Values:

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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 Change Sq Ft Price
05/29/2025 05/29/25 For Sale $3,200,000 -- $593 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-2127

Santa Barbara Multiple Listing Service