500 N Ventura Rd - Apartments FOR SALE


Oxnard, CA 93030- Fremont South
$1,700,000 USD
805-705-7311
500 N Ventura Rd, Oxnard, CA for Sale
$1,700,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

500 N Ventura Rd
Oxnard, CA 93030
Fremont South


HIGHLIGHTS

  • 1 block to Fremont SQ Shopping CTR, SFR directly behind
  • Assumable Chase Loan at 4.59% with $860k loan balance
  • Great 1031 Exchange Property

OVERVIEW

6 unit apartment building in North Oxnard 1 block from Fremont Square Shopping Center offering an excellent opportunity to assume existing Chase loan at only 4.59%($860K loan balance) thru 8/1/29. 500 N Ventura RD includes (2) 2BD/1BA & (4) 1BD/1BA. Carport parking, onsite laundry room(not currently in use) and separately metered for electricity and gas. The building has dual pane windows. Tenants will appreciate the close proximity to shopping and schools plus the fact that the neighborhood immediately behind the property is comprised entirely of SFR's. Great 1031 exchange property or addition to portfolio with immense cash flow savings offered by the assumable loans

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$417 USD /SF

# OF UNITS

6

PRICE/UNIT

$283,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,100 SF

ZONING

R3

APN/PARCEL ID

200-0-263-055

ASK ABOUT THIS PROPERTY

Nick HenryBeachside Partners, Inc.More Info
805-705-7311

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Nick HenryBeachside Partners, Inc.More Info
805-705-7311

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.