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INVESTMENT HIGHLIGHTS
- 1 block to Fremont SQ Shopping CTR, SFR directly behind
- Great 1031 Exchange Property
- Assumable Chase Loan at 4.59% with $860k loan balance
EXECUTIVE SUMMARY
6 unit apartment building in North Oxnard 1 block from Fremont Square Shopping Center offering an excellent opportunity to assume existing Chase loan at only 4.59%($860K loan balance) thru 8/1/29. 500 N Ventura RD includes (2) 2BD/1BA & (4) 1BD/1BA. Carport parking, onsite laundry room(not currently in use) and separately metered for electricity and gas. The building has dual pane windows. Tenants will appreciate the close proximity to shopping and schools plus the fact that the neighborhood immediately behind the property is comprised entirely of SFR's. Great 1031 exchange property or addition to portfolio with immense cash flow savings offered by the assumable loans
PROPERTY FACTS
| Price | $1,700,000 | Building Class | C |
| Price Per Unit | $283,333 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 4,080 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 1.72/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R3 | ||
| Price | $1,700,000 |
| Price Per Unit | $283,333 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,080 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.72/1,000 SF |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Storage Space
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Double Pane Windows
- Freezer
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Online Services
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $4,102 | 550 |
| 2+1 | 2 | $3,142 | - |
1 1
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 200-0-263-055 | Improvements Assessment | $655,831 |
| Land Assessment | $330,976 | Total Assessment | $986,807 |
PROPERTY TAXES
Parcel Number
200-0-263-055
Land Assessment
$330,976
Improvements Assessment
$655,831
Total Assessment
$986,807
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500 N Ventura Rd
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