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Listed by Nick Henry • Beachside Partners
$ 6,300,000
Est. payment /mo
Active
560 W Gonzales RD Oxnard, CA 93030
0.7 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRV1-29969
Year Built 1960
Lot Size 0.700 Acres
Source California Regional MLS
Property Description
24-unit well maintained Oxnard apartment building with ideal unit mix in central location off Oxnard BLVD and W GonzalesRD across from Lowes. 5.7% CAP rate, 11.4 x current rents. Significant recent capital expenditures invested into building including new roof, fresh exterior paint anddownstairs units replumbed. 560 W Gonzales RD features (6) 2BD/2BA, (6) 2BD/1BA and (12) 1BD/1BA apartments set ona 30,492 SF lot. The 32 garage spaces offer an excellent potential value add play for ADU conversion. Courtyard style 2-storybuilding with laundry room and separately metered for gas and electric. Individual water heaters. Several units in rear have large decks. Solid long terminvestment opportunity for a well-located building with spacious units that will always be in high demand from tenants.
Location
State CA
County Ventura
Area Vc31 - Oxnard - Northwest
Rooms
Kitchen Oven Range - Gas
Interior
Heating Wall Furnace
Cooling None
Laundry In Laundry Room
Exterior
Garage Spaces 32.0
Pool 31, None
View None
Others
Tax ID 2000073525
Special Listing Condition Not Applicable
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