1951 N Ventura Rd - Multi-Family FOR SALE


Oxnard, CA 93036- Windsor North River Ridge
$995,000 USD
805-705-7311
1951 N Ventura Rd, Oxnard, CA for Sale
$995,000 USD
Multi-Family - FOR SALE
1/2
null | Request Cap Rate

1951 N Ventura Rd
Oxnard, CA 93036
Windsor North River Ridge


HIGHLIGHTS

  • Value Add Opportunity
  • Rare Opportunity to Acquire Ventura CO 4plex for under $1M
  • Good North Oxnard location
  • (2) 2BD, (2) 1BD units w/ carport parking and laundry room

OVERVIEW

**OFFERS DUE FEB 21** Value add potential abounds on this 4-unit apartment building in North Oxnard available for under $1M. Based on market rents available for a 10.1 GRM and 6.1% CAP rate. 1951 North VenturaRD consists of (2) 2BD/1BA and (2) 1BD/1BA units and is conveniently located near shopping centers, school and parks. Builtin 1970, the 3,176 SF building sits on a 6,098 SF lot and includes four carports and a laundry room. Each unit is separately metered for gas and electricity, with a single water meter serving the entire property. Long term tenants are well below market rents and have not had recent rent increases. This is a trust sale with property being sold as-is and several inspection reports available for review. Same trust also selling 6-unit building in Oxnard at 3611 Saviers RD

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$313 USD /SF

# OF UNITS

4

PRICE/UNIT

$248,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4 Units North Oxnard Value Add Trust Sale

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

179-0-104-295

ASK ABOUT THIS PROPERTY

Nick HenryBeachside Partners, Inc.More Info
805-705-7311

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Nick HenryBeachside Partners, Inc.More Info
805-705-7311

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.