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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.
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
Listed by Apartment Investment Specialists
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