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$ 1,695,000
Est. payment /mo
Active
150 166 Johnson RD Oxnard, CA 93033
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRV1-28531
Originating Board California Regional MLS
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
Rooms
Kitchen Oven Range - Gas, Refrigerator
Interior
Heating Wall Furnace
Cooling None
Laundry None
Exterior
Parking Features Detached Garage, Garage
Garage Spaces 9.0
Pool 31, None
View None
Others
Tax ID 2220160020
Special Listing Condition Not Applicable
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Listed by Craig Lieberman • Apartment Investment Specialis