Historical Multifamily Sale Listing - D Street Apartments

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D Street Apartments

110 N. D Street, Oxnard, CA 93030

N/A

8 Units | Multifamily

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110 N. D Street

Multifamily Property - Off Market

Price:
N/A
No. Units:
8
Building Size:
7,000 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
4.77%
Gross Rent Multiplier:
11.77
Occupancy:
95%
No. Stories:
2
Year Built:
1962
Lot Size:
7,000 SF
APN / Parcel ID:
202-0-045-130
Listing ID
15649531
Last Updated
over 1 year ago

Highlights

  • Available for less than $122,000 per unit.
  • All (1) Bed/1 Bath Units
  • Upside potential in rents

Description

Eight units located in the old downtown area of North Oxnard. The property consists of eight 1bedroom/1 bath units. Property is situated on a large corner lot located close to shopping, parks and schools. Cap rate is 6.00% on market rents with a 10.41 GRM. Upside potential in rents. Property available for less than $116,000 per unit.

Oxnard is the largest city in Ventura County, California in terms of population. It is located at the western edge of the fertile Oxnard Plain, and is one of the world's most important agricultural centers, with its distinction as the strawberry and lima bean capital. Founded in 1903, it is home to nearly 200,000 citizens (192,997)[1] and is the largest city in the Oxnard-Thousand Oaks-Ventura Metropolitan Area.

The city is home to two large U.S. Navy bases (Port Hueneme and Point Mugu). The Port of Hueneme is the busiest commercial port between Los Angeles and San Francisco. Oxnard is also a major transit hub in Southern California, with Amtrak, Union Pacific, Metrolink, Greyhound, Intercalifornias and many others stopping in Oxnard. Oxnard also has a regional airport called Oxnard Airport (OXR).

Map of 110 N. D Street, Oxnard, CA 93030 (Ventura County)

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