Homes for sale - 633 meta ST, Oxnard, CA 93030

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Gregorio Real Estate Group- Josh Gregorio

josh.gregoriorealestategroup@gmail.com +1(661) 447-5111

$ 2,245,000

Est. payment | -/mo

10,001 Sqft Lot

Save

$ 2,245,000

Est. payment | -/mo

Save

10,001 Sqft Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID V1-30882

HOA Y/N No

Year Built 1961

Lot Size 10,001 Sqft

Property Description

14-unit apartment building + standalone commercial space near downtown Oxnard offered at 6.5% CAP / 10.0 GRM on current rents! This fully rented property includes a renovated 2-story 14-unit apartment building & a restaurant building. Originally built as a motel the apartment building totals 2,792 SF and contains all studio efficiency units (one bathroom and one room) along with a common laundry room with two sets of washer/dryers. Commercial building totals 1,305 SF and in past operated as a restaurant but current tenant operates as a prep kitchen that prepares meals for the agriculture contractors that provide field workers with daily meals. 18 uncovered parking spots. The apartment building has been completely updated over the past 6 years. This is a very efficient investment property offering some of the most affordable rents in the whole county. As such turnaround time is very short to rent out any apartment vacancies.

Location

State CA

County Ventura

Area Vc31 - Oxnard - Northwest

Interior

Heating Electric

Cooling None

Fireplaces Type None

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Uncovered

Fence None

Pool None

Community Features Urban

View Y/N No

View None

Total Parking Spaces 18

Private Pool No

Building

Lot Description Sprinklers None

Story 2

Others

Senior Community No

Tax ID 2010272220

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Listed by Jason Liehr Beachside Partners (805) 406-6463

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(661) 447-5111

josh.gregoriorealestategroup@gmail.com

3400 Calloway Dr Suite 700, Bakersfield, California, 93312, USA

633 meta ST Oxnard, CA 93030