Oxnard, CA 93033,2101 San Marino ST

$1,701,000

$1,695,000

0.4%
Est.Price: ?

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Est. payment /mo

0.45 Acres Lot


SOLD DATE : 02/20/2019

Key Details

Sold Price $1,701,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Cal-Gisler - 0351

MLS Listing ID V0-218014144

Sold Date 02/20/19

HOA Y/N No

Year Built 1950

Lot Size 0.450 Acres

Property Description

2101 San Marino Street offers an excellent opportunity to acquire a value-add Oxnard 8-unit apartment building with very desirable attributes. Features all 2 bed, 1 bath one-story units with laundry hookups, individual garages and considerable yard space that can easily be fenced in for individual outdoor space. Situated on a nearly 20,000 SF corner lot. Conveniently located near shopping, schools and parks. 9 electric meters, 8 gas meters and 4 water meters. 2 units just remodeled with new vinyl plank flooring in kitchen, bath along with resurfaced hardwood floors in bedrooms and hall plus new kitchen cabinets, counter top and sink, interior paint, fresh plumbing/electrical fixtures, new wall heaters and stoves. Other 6 units occupied by long term tenants and offer rental upside upon completing similar improvements. Offered at a 5.2% Cap rate on current rents, 5.8% CAP on market rents.

Location

State CA

County Ventura

Area Vc34 - Oxnard - Southeast

Zoning R2

Interior

Fireplace No

Appliance NoHotWater

Exterior

Garage Spaces 8.0

Garage Description 8.0

Total Parking Spaces 8

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 2040134010

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nicholas Henry • Beachside Partners
Bought with Thomas Sosa • Cornerstone Properties
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