Oxnard, CA 93033,150 Johnson Road
Oxnard, CA 93033,150 Johnson Road
Oxnard, CA 93033,150 Johnson Road
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$1,695,000
Est. payment /mo
6 Beds
4 Baths
0.34 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID V1-28531

Bedrooms 6

HOA Y/N No

Lot Size 0.340 Acres

Property Sub-Type Res Income 2-4 Units

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.
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 Oxnard (93033)

Zoning Public Rec

Others

Space Rent $2,285


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San Diego Regional MLS (SDMLS)
Listed by Craig Lieberman • Apartment Investment Specialis
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“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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150 Johnson Road