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4951-4965 Terrace Ave
Oxnard, CA 93033
Terrace Apartments · Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.42 AC |
| Property Type | Multifamily | Building Size | 7,344 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1974 |
| Building Class | C | ||
| Zoning | R3PD, Ventura | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 7,344 SF |
| No. Stories | 2 |
| Year Built | 1974 |
| Zoning | R3PD, Ventura |
ABOUT 4951-4965 TERRACE AVE , OXNARD, CA 93033
Marcus & Millichap is pleased to present an 8-unit apartment building located at 4951-4965 Terrace Avenue in the beautiful coastal city of Oxnard. The property is located west of Los Angeles in the heart of the Gold Coast, just minutes away from Southern California’s premier beaches and stunning coastline. Oxnard offers spectacular weather year-round with sun-filled days and beautiful sunsets. Just five minutes from the beach, the property offers tenants convenient access to shopping, dining experiences, downtown attractions, award-winning festivals, and a multitude of outdoor activities. Students can also enjoy the close proximity of Oxnard College. Additional nearby schools include Julien Hathaway Elementary School, Charles Blackstock Junior High School, and Oxnard Middle College High School. The 7,344 square-foot property was built in 1974, and sits on an 18,100 square-foot lot. 4951-4965 Terrace Avenue offers eight two-bedroom/one-and-a-half-bathroom townhouse style units with an attached small private yard area. Each unit has a separate one-car garage and there is additional parking outside the building. This offering will appeal to any savvy investor looking to acquire a value-add building with significant rental upside in an attractive Southern California market.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 8 | - | 987 |
PROPERTY TAXES
| Parcel Number | 221-0-011-235 | Improvements Assessment | $1,432,385 |
| Land Assessment | $636,725 | Total Assessment | $2,069,110 |
PROPERTY TAXES
