560 W Gonzales Road, Oxnard, CA 93030 - MLS#V1-29969

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 6,450,000

Est. payment | -/mo

5 Beds

Save

$ 6,450,000

Est. payment | -/mo

Save

5 Beds

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID V1-29969

Bedrooms 5

Property Sub-Type Res Income 2-4 Units

Property Description

Price just reduced $150k allowing now for a 5.5% in place cap rate! 24-unit well maintained Oxnard apartment building with ideal unit mix in central location off Oxnard BLVD and W GonzalesRD across from Lowes. Significant recent capital expenditures invested into building including new roof, fresh exterior paint anddownstairs units replumbed. 560 W Gonzales RD features (6) 2BD/2BA, (6) 2BD/1BA and (12) 1BD/1BA apartments set ona 30,492 SF lot. The 32 garage spaces offer an excellent potential value add play for ADU conversion. Courtyard style 2-storybuilding with laundry room and separately metered for gas and electric. Individual water heaters. Several units in rear have large decks. Solid long terminvestment 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 & Oxnard BVLD across from Lowes

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 2000073525

Listed by Nick Henry Beachside Partners

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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560 W Gonzales Road Oxnard, CA 93030