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$ 6,300,000
Est. payment | /mo
5 Beds
0.7 Acres Lot
$ 6,300,000
Est. payment | /mo
5 Beds
0.7 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID V1-33225
Bedrooms 5
Lot Size 0.700 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
24-unit well maintained Oxnard apartment building with ideal unit mix in central location off Oxnard BLVD and W Gonzales RD across from Lowes offered at 11.4 x rents, 5.7% CAP rate. Significant recent capital expenditures invested into building including new roof, fresh exterior paint and majority of downstairs units replumbed. 560 W Gonzales RD features (6) 2BD/2BA, (6) 2BD/1BA and (12) 1BD/1BA apartments set on a 30,492 SF lot. The 32 garage spaces offer an excellent potential value add play for ADU conversion. Courtyard style 2-story building with laundry room and separately metered for gas and electric. Several units in rear have large decks. Solid long term investment opportunity for a well-located building with spacious units that will always be in high demand from tenants.
Location
State CA
County Ventura
Zoning Assessor
Direction Gonzales just west of Oxnard BLVD
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 2000073525
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Nick Henry Beachside Partners
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