150 166 Johnson RD new

Oxnard,CA 93033

$ 1695000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID V1-28531

Year Built 1953

Lot Size 0.340 Acres

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

Area Vc34 - Oxnard - Southeast

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Laundry None

Exterior

Parking Features Detached Carport,Garage

Garage Spaces 3.0

Garage Description 3.0

Fence Stucco Wall,Wood

Pool None

Community Features Street Lights

View Y/N No

View None

Building

Lot Description Sprinklers None

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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