13
See all 13 photos
$6,300,000
Est. payment /mo
0.7 Acres Lot
Active
560 W Gonzales RD Oxnard, CA 93030
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRV1-33225
Year Built 1960
Lot Size 0.700 Acres
Source California Regional MLS
Property Description
24-unit well maintained Oxnard apartment building with ideal unit mix in central location off Oxnard BLVD and W Gonzales RD across from Lowes offered at 11.4 x rents, 5.7% CAP rate. Significant recent capital expenditures invested into building including new roof, fresh exterior paint and majority of downstairs units replumbed. 560 W Gonzales RD features (6) 2BD/2BA, (6) 2BD/1BA and (12) 1BD/1BA apartments set on a 30,492 SF lot. The 32 garage spaces offer an excellent potential value add play for ADU conversion. Courtyard style 2-story building with laundry room and separately metered for gas and electric. Several units in rear have large decks. Solid long term investment opportunity for a well-located building with spacious units that will always be in high demand from tenants.
Location
State CA
County Ventura
Area Vc31 - Oxnard - Northwest
Interior
Heating Wall Furnace
Cooling None
Laundry Laundry Area
Exterior
Parking Features Garage
Garage Spaces 32.0
Pool 31, None
View None
Others
Tax ID 2000073525
Special Listing Condition Not Applicable
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