$1,545,830
$1,600,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
7,500 Sqft Lot
SOLD DATE : 09/10/2024
Key Details
Sold Price $1,545,830
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24-2198
Sold Date 09/10/24
Year Built 1964
Lot Size 7,500 Sqft
Acres 0.17
Lot Dimensions 7500.0
Source Santa Barbara Multiple Listing Service
Property Description
This Oxnard fourplex in turnkey condition after being renovated to studs in 2021 is comprised of (1) 2 BD / 1 BA; (2) 2 BD / 1.5 BA; and (1) 3BD / 2 BA unit. This property generates exceptionally strong annual rents of $126,984. This amount representing close to $50,000 more than the average Oxnard 4Plex income.
Seller willing to carry $850,000 of the purchase price at the below-market rate of 6.5% subject to interest-only monthly payments. Such beneficial loan terms can only enhance cash flow compared to a higher market rate bank loan that requires principal payments.
Location
State CA
County Ventura
Interior
Laundry Laundry Room
Exterior
Parking Features Garages
Garage Yes
Others
Tax ID 222-0-082-445
Acceptable Financing Cash, Ctnl
Listing Terms Cash, Ctnl
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