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About the Listing V9025 - v199504560,vc199509340
14 unit apartment building in S Oxnard offered at a 6.4% cap rate, 9.9 x rents, based on rent increases that take effect Dec 1. Significant recent improvements including new roof, fresh paint, landscaping, new LED lighting and security gages, combo door locks and new railing and support posts. 2 units have recently been remodeled. Building features (10) 1BD/1BA and (4) 2BD/1BA along with carport parking. There is an onsite laundry room not currently used that could produce additional income. 2 hot water heaters. Rental rates have an additional approximately 15% upside offering a new owner the opportunity to purchase a building that cash flows day 1 and will offer annual 4% increases for the next several years allowable under Oxnard local rent control ordinance.
Listing Highlights for 541 Cuesta Del Mar Dr
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances: Electric Range, Gas Range
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Sprinklers None,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 14
- Roof:
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2220081035
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
541 Cuesta Del Mar Dr Oxnard, CA 93033
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