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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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Jason Liehr, DRE #02152826 • Beachside Partners
$2,995,000
Est. payment /mo
0.44 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRV1-37840

Year Built 1964

Lot Size 0.438 Acres

Source California Regional MLS

Property Description

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 11.0 x current rents, 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

Rooms

Kitchen Oven Range - Electric, Refrigerator

Interior

Heating No Heating

Cooling None

Laundry Laundry Area

Exterior

Parking Features Carport

Garage Spaces 12.0

Pool 31, None

View None

Others

Tax ID 1830173305

Special Listing Condition Not Applicable

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Sharad Gupta
Sharad Gupta

Broker License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA 95054, USA

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1525 W 9th ST

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