641 Channel Islands Boulevard

  • Oxnard

  • $2,445,000
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Residential Income Details

Description
Large 8-unit apartment complex featuring (7) 2BD/2BA units & a 3BD/2BA. Convenient location for tenants within close proximity to Centerpoint Mall as well as schools, parks and buslines. Improvements total 7,235 SF, per tax roll, set on a 9,479 SF lot. Parking consists of 7 garages and 1 carport. Onsite laundry room. Interiors have mix of laminate wood, tile and carpet flooring. Some units have granite counters in kitchens. Fresh paint on front of building, newer 94 gallon water heater. Downstairs units have small fenced yards, upper units offer small decks. Separate electric, gas meters. Strong market level rents in place. $15,975/mo gross income (inc $100/mo laundry). Excellent opportunity to acquire a non rent control building in 3% vacancy marketplace at 12.8 GRM and 5.0% Cap Rate on current rents.
Essential
MLS #218010130
Price$2,445,000
Sale TypeStandard
StatusActive
Listing BrokerageBeachside Partners
Listing AgentNicholas Henry
Listing Agent BRE #01748131
Interior
FloorCarpet,Laminate
Exterior
ParkingCarport,Garage
Garage Spaces7
Community
AreaVC33 - Oxnard - Southwest / Port Huenem
TractNot Applicable - 1007242
Address641 Channel Islands Boulevard
CityOxnard
CountyVentura
StateCA
ZipCode93033
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Tuesday, August 14, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.