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941-943 Dunes St 2 Unit Apartment Building $1,300,000 ($650,000/Unit) Oxnard, CA 93035
EXECUTIVE SUMMARY
This duplex is in an excellent location and is a great investment with long-term, stable tenants and the potential for increased rental rates over time. Both units are leased at $2,900 per month (plus all utilities). One (943) unit is leased through the end of August 2025. The other unit is leased through the end of March 2026. Monthly rental rates in the area run between $1.75/sf and $2.75/sf, so there is a significant upside opportunity to increase cash flow. Owner may be willing to carry. See private remarks. New exterior paint, recent repairs and other upgrades make the property transfer ready.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $1,300,000 | Lot Size | 0.15 AC |
| Price Per Unit | $650,000 | Building Size | 3,080 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1983 |
| Property Subtype | Apartment | Parking Ratio | 1.3/1,000 SF |
| Building Class | C | ||
| Zoning | R2C | ||
| Price | $1,300,000 |
| Price Per Unit | $650,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,080 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | R2C |
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941-943 Dunes St
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