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Key Details
Sold Price $1,545,830
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Oxnard: Other - 0034
MLS Listing ID V1-24475
Year Built 1964
Lot Size 7,501 Sqft
Property Description
This Oxnard fourplex in turnkey condition after being renovated to studs in 2021 is comprised of (1) 2 BD / 1 BA; (2) 2 BD / 1.5 BA; and (1) 3BD / 2 BA unit. This property generates exceptionally strong annual rents of $126,984. This amount representing close to $50,000 more than the average Oxnard 4Plex income.Seller willing to carry $850,000 of the purchase price at the below-market rate of 6.5% subject to interest-only monthly payments. Such beneficial loan terms can only enhance cash flow compared to a higher market rate bank loan that requires principal payments.
Location
State CA
County Ventura
Area Vc34 - Oxnard - Southeast
Rooms
Ensuite Laundry Laundry Room
Interior
Laundry Location Laundry Room
Heating Wall Furnace
Cooling None
Fireplaces Type None
Laundry Laundry Room
Exterior
Garage Door-Multi, Garage
Garage Spaces 4.0
Garage Description 4.0
Fence Wrought Iron
Pool None
Community Features Street Lights, Sidewalks
View Y/N No
View None
Building
Lot Description Sprinklers None
Others
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Bought with Garry Eberhardt • RE/MAX Gold Coast-Beach Office
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