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430-440 Linden Dr
Oxnard, CA 93033
8 Units Fully Renovated at 8% Cap Rate · Multifamily Property For Sale
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8 Units
Investment Highlights
- In-unit washer-dryer hook-ups.
- (4) 1BD/1BA with large fenced private front patios.
- Recently remodeled.
- (4) 2BD/2BA townhouse-style units with 2nd floor patios.
- Prime location near shopping, dining and California State University Channel Islands.
Executive Summary
Fully renovated and offering a current 8% CAP rate in South Oxnard. This beautiful 8-unit courtyard-style multi-family investment asset boasts fresh exterior paint, landscaping and interior unit remodels. Unit mix consists of (4) 1BD/1BA with large fenced private front patios and (4) 2BD/2BA townhouse-style units with 2nd floor patios. Seven of eight apartments have been fitted with modern appliances, new windows, flooring, paint and washer/dryer hook-ups. Tenants enjoy the ease of off street parking as well as (4) 2-car garages and (4) 1-car garages. This asset is located in a prime location near shopping, dining and California State University Channel Islands. Don’t miss out on making this turn-key investment asset yours. Tenant to bring their own washer/dryer and refrigerator.
Property Facts
| Price Per Unit | $349,375 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.31 AC |
| Cap Rate | 8% | Building Size | 5,392 SF |
| No. Units | 8 | Average Occupancy | 98% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1988/2023 |
| Apartment Style | Low-Rise | Parking Ratio | 2.97/1,000 SF |
| Zoning | R-4 | ||
| Price Per Unit | $349,375 |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 5,392 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built/Renovated | 1988/2023 |
| Parking Ratio | 2.97/1,000 SF |
| Zoning | R-4 |
Amenities
Unit Amenities
- Balcony
- Washer/Dryer Hookup
- Eat-in Kitchen
- Kitchen
- Vaulted Ceiling
- Family Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+2 | 4 | - | - |
Property Taxes
| Parcel Number | 203-0-343-155 | Improvements Assessment | $1,622,862 |
| Land Assessment | $665,856 | Total Assessment | $2,288,718 |
Property Taxes
Parcel Number
203-0-343-155
Land Assessment
$665,856
Improvements Assessment
$1,622,862
Total Assessment
$2,288,718
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