NOT LISTED FOR SALE

Estimated Value: $930,534

3 Beds
4 Baths
3,200 Sq Ft
$291/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $820,000 $256 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,842/month

51 Days on Market

Highlights

  • Custom Home
  • Accessible Parking
  • Vinyl Flooring
  • More Than Two Accessible Exits
  • Turnkey
  • Wall Furnace

About This Home

As of December 2021

Excellent income producing property 3 residential units on top and commercial on bottom.Super low maintenance.

Last Agent to Sell the Property

Marco Sanchez

Sanchez Realty License #01015300 Listed on: 10/31/2021

Last Buyer's Agent

Byron Wood

Sotheby's International Realty License #02079325

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 25'x120'
  • No Common Walls
  • No Sprinklers

Home Design

  • Custom Home
  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Flat Roof Shape
  • Fire Rated Drywall
  • Frame Construction
  • Membrane Roofing

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Range
  • Range Hood

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Paved Parking

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 2020146030

Community Details

Overview

  • 4 Units
  • Oxnard: Other 0034 Subdivision

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $942
  • Maintenance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • Operating Expense $3,985
  • Gross Income $109,800
  • Net Operating Income $109,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: Excellent income producing property 3 residential units on top and commercial on bottom.Super low maintenance.Awesome downtown property very unique and very rare to come up for sale.Work and live in the same building!
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Contemporary, Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 2020146030
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Vinyl
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 295.31

Exterior Features

  • Fence: No
  • Pool Private: No
  • Roof: Flat, Membrane, Other
  • Spa: No
  • Construction Materials: Block, Drywall Walls, Frame

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Concrete
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range, Range Hood
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size: 25'X120'
  • Lot Size Sq Ft: 3000.00
  • Lot Size Acres: 0.0689

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Gross Income: 109800.00
  • Gross Multiplier: 8.50
  • Gross Scheduled Income: 114000.00
  • Insurance Expense: 942.00
  • Lot Size Area: 3000.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 109800.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 4200.00
  • Rent Control: Yes
  • Total Actual Rent: 50400.00
  • Total Expenses: 3985.00

Tax Info

  • Tax Tract: CBD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2021
Closed on
Dec 23, 2021
Sold by
Sanchez Marco
Bought by
H E B S Inc
Seller's Agent
Marco Sanchez
Sanchez Realty
Buyer's Agent
Byron Wood
Sotheby's International Realty
List Price
$1,495,000
Sold Price
$820,000
Premium/Discount to List
-$675,000
-45.15%
Current Estimated Value
$930,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,534
Avg. Annual Appreciation
3.20%

Purchase Details

Closed on
Feb 13, 2001
Sold by
Medoff M Craig and Medoff Irene B
Bought by
Sanchez Marco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.06%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
H E B S Inc $820,000 Western Resources Title
Sanchez Marco $200,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Marco $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2021 12/29/21 Sold $820,000 -13.2% $256 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
12/16/2021 12/16/21 Price Changed $945,000 -3.1% $295 / Sq Ft
12/11/2021 12/11/21 Price Changed $975,000 -2.0% $305 / Sq Ft
11/29/2021 11/29/21 Price Changed $995,000 -0.4% $311 / Sq Ft
11/26/2021 11/26/21 Price Changed $999,000 -9.1% $312 / Sq Ft
11/24/2021 11/24/21 Price Changed $1,099,000 -8.3% $343 / Sq Ft
11/23/2021 11/23/21 Price Changed $1,199,000 -4.1% $375 / Sq Ft
11/22/2021 11/22/21 Price Changed $1,250,000 -3.0% $391 / Sq Ft
11/19/2021 11/19/21 Price Changed $1,289,000 -0.5% $403 / Sq Ft
11/17/2021 11/17/21 Price Changed $1,295,000 -5.8% $405 / Sq Ft
11/17/2021 11/17/21 Price Changed $1,375,000 -1.4% $430 / Sq Ft
11/12/2021 11/12/21 Price Changed $1,395,000 -5.6% $436 / Sq Ft
11/05/2021 11/05/21 Price Changed $1,477,700 -1.2% $462 / Sq Ft
10/31/2021 10/31/21 For Sale $1,495,000 -- $467 / 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 $11,594 $870,190 $127,345 $742,845
2024 $11,594 $853,128 $124,848 $728,280
2023 $11,209 $836,400 $122,400 $714,000
2022 $10,882 $820,000 $120,000 $700,000
2021 $4,505 $282,828 $62,631 $220,197
2020 $4,569 $279,930 $61,990 $217,940
2019 $4,470 $274,442 $60,775 $213,667
2018 $4,320 $269,062 $59,584 $209,478
2017 $4,149 $263,787 $58,416 $205,371
2016 $4,037 $258,616 $57,271 $201,345
2015 $4,070 $254,733 $56,411 $198,322
2014 $4,036 $249,745 $55,307 $194,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-9214

Ventura County Regional Data Share

APN: 202-0-146-030