150-166 Johnson RD Road Pending

Oxnard,CA 93033

$ 1695000

- Bed

0 Bath

0 SqFt


Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 25-964

Originating Board Santa Barbara Multiple Listing Service

Year Built 1953

Property Description

This six-unit apartment property, owned by the seller for more than 10 years, is
located in the south part of Oxnard, just to the east of Saviers Rd (across from
the DMV).

The tenant community at the property has moved in to the property at various
times throughout the years, but offers a buyer significant upside with its under
market rents. As such, the new owner can expect several years of consistent
rent increases at the maximum annual rent increase percentage under
Oxnard's current Rent Stabilization Ordinance (RSO).

For almost the entire length of ownership, the seller has been updating the
property with quality materials and workmanship.

Location

State CA

County Ventura

Exterior

Parking Features Garages,Carport,Uncovered

Garage Yes

Others

Tax ID 222-0-160-020

Acceptable Financing Cash,Ctnl

Listing Terms Cash,Ctnl

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