$1,545,830
$1,600,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
7,500 Sqft Lot
SOLD DATE : 09/10/2024
Key Details
Sold Price $1,545,830
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Oxnard: Other - 0034
MLS Listing ID V1-24475
Sold Date 09/10/24
Year Built 1964
Lot Size 7,500 Sqft
Property Description
This Oxnard fourplex in turnkey condition after being renovated to studs in 2021 is comprised of (1) 2 BD / 1 BA; (2) 2 BD / 1.5 BA; and (1) 3BD / 2 BA unit. This property generates exceptionally strong annual rents of $126,984. This amount representing close to $50,000 more than the average Oxnard 4Plex income.
Seller willing to carry $850,000 of the purchase price at the below-market rate of 6.5% subject to interest-only monthly payments. Such beneficial loan terms can only enhance cash flow compared to a higher market rate bank loan that requires principal payments.
Location
State CA
County Ventura
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Laundry Individual Room
Exterior
Garage Garage - Two Door
Garage Spaces 4.0
Pool None
Community Features Sidewalks, Street Lights
View Y/N No
View None
Building
Lot Description Sprinklers None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION
Partner | Lic# DRE 01724424