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641 W Channel Islands Blvd
Oxnard, CA 93033
Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Building Size | 7,235 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.11/1,000 SF |
| Lot Size | 0.22 AC | ||
| Zoning | R3, Oxnard | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 7,235 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | R3, Oxnard |
Amenities
Unit Amenities
- Balcony
Site Amenities
- Laundry Facilities
About 641 W CHANNEL ISLANDS BLVD , OXNARD, CA 93033
641 west Channel Islands Blvd is a large 8-unit apartment complex featuring (7) 2BD/2BA units & a 3BD/2BA unit. Convenient location for tenants within close proximity to Centerpoint Mall as well as schools, parks and buslines. Improvements total 7,235 SF, per tax roll, set on a 9,479 SF lot. Parking consists of 7 garages and 1 carport. Onsite laundry room. Interiors have laminate wood flooring and carpet, some granite countertops. Downstairs units have small fenced yards, upper units offer small decks. Separate electric, gas meters. Strong market level rents in place. Excellent opportunity to acquire a non rent control building in 3% vacancy marketplace at 12.8 GRM and 5.0% Cap Rate on current rents.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 7 | $1,939 | 837 |
| 3+2 | 1 | $2,300 | 1,300 |
Property Taxes
| Parcel Number | 203-0-344-195 | Improvements Assessment | $1,817,402 |
| Land Assessment | $649,459 | Total Assessment | $2,466,861 |
Property Taxes
Parcel Number
203-0-344-195
Land Assessment
$649,459
Improvements Assessment
$1,817,402
Total Assessment
$2,466,861
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