1525 W 9th ST, Oxnard, CA 93035
1525 W 9th ST, Oxnard, CA 93035
1525 W 9th ST, Oxnard, CA 93035
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$3,049,000
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0.44 Acres Lot
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1525 W 9th ST Oxnard, CA 93035

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Oxnard: Other - 0033

MLS Listing ID V1-37840

HOA Y/N No

Year Built 1964

Lot Size 0.438 Acres

Property Description

1525 W 9th Street presents an opportunity to acquire a well-maintained 12-unit multifamily property in central Oxnard surrounded primarily by single-family homes. Situated on a spacious 19,096 SF lot, the property is configured as three detached single-story fourplex buildings, creating a low- density setting that is appealing to tenants.The property is composed of four (4) 2BD/1BA units and eight (8) 1BD/1BA units. There are separate electric and gas meters. An unused laundry room onsite provides added potential convenience for tenants. Nine of the twelve units have been renovated with quartz countertops, fresh kitchen cabinet covers and hardware, new vinyl flooring and updated bathrooms. Exterior improvements include a new asphalt driveway, fresh exterior paint, some dual pane windows and updated landscaping. There are 12 carport spaces at the rear of the property.Offered at a 5.9% capitalization rate, the property provides strong in-place cash flow supported by a history of high occupancy and consistent tenant demand. The attractive low- density layout of 1525 W 9th Street, combined with recent capital improvements and a strong operating history make this a compelling Oxnard investment opportunity.

Location

State CA

County Ventura

Area Vc33 - Oxnard - Southwest / Port Huenem

Interior

Heating None

Cooling None

Fireplaces Type None

Fireplace No

Appliance Electric Range, Refrigerator

Laundry Common Area

Exterior

Parking Features Carport

Carport Spaces 12

Fence Masonry, Wood, Wrought Iron

Pool None

Community Features Biking, Park, Sidewalks

View Y/N No

View None

Total Parking Spaces 12

Private Pool No

Building

Lot Description Sprinklers None

Others

Senior Community No

Tax ID 1830173305

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Jason Liehr Beachside Partners (805) 406-6463, DRE #02152826

NEARBY SCHOOL & BUSINESS

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Patrick Fossati

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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