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310 Cuesta Del Mar Drive

Oxnard, CA 93033
  • $1,600,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 24-2198
UPDATED: 94 min ago
$1,600,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Apartment Investment Specialists.

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.

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© 2024 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2024-07-21T16:47:09.227. 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. Data last updated 2024-07-21T16:47:09.227.
www.karinamatic.com/homes/152345333
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310 Cuesta Del Mar Drive Oxnard, CA 93033

  • Price: $1,600,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 94 min ago
  • MLS #: 24-2198
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1964
Built
Neighborhood:
Ventura
County:
Ventura
Area:
Ventura
Elementary School:
Other
Middle School:
Other
High School:
Other
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.
Exterior Features

Garage YN Yes Parking Features Garages

Interior Features

Laundry Features Laundry Room Unit1 Baths 2 Unit1 Bedrooms 3 Unit1 Half Baths 0 Unit2 Baths 1 Unit2 Bedrooms 2 Unit2 Half Baths 1 Unit3 Baths 1 Unit3 Bedrooms 2 Unit3 Half Baths 1 Unit4 Baths 1 Unit4 Bedrooms 2

Property Features

Terms Cash Yes Zoning R-4

Listing information © 2024 Santa Barbara MLS
Listing provided courtesy of Apartment Investment Specialists: (805) 320-6646.



© 2024 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2024-07-21T16:47:09.227. 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. Data last updated 2024-07-21T16:47:09.227.
 
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Berkshire Hathaway HomeServices California Properties
3868 State St.
Santa Barbara CA, 93105
Listing provided courtesy of Apartment Investment Specialists.