1930 Lobelia Drive

    Oxnard, CA 93036
    • $4,650,000
    • STATUS: Active
    • ON SITE: 78 days
    • ID#: SP19179633
    UPDATED: 196 min ago
    $4,650,000
    • 0
      BEDS
    • 0.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,030
      SQFT
    • $331
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Ratings & Info

    Description

    This twenty-four-unit (24), North Oxnard multifamily property was constructed in 1970. The unit mix consists of sixteen (16) one-bedroom / one-bathroom units and eight (8) two-bedroom / one-bathroom units. The building includes a laundry room (washers and dryers owned by the owner). The new owner could expect few maintenance issues because of the several upgrades completed during the past five years including: Newer exterior paint, improved landscape, repaved entry and carport, upgraded kitchens and baths, newer paint and flooring, and upgraded electrical.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-17T00:35:15.083. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/97421880

    1930 Lobelia Drive Oxnard, CA 93036

    • Price: $4,650,000
    • Status: Active
    • Updated: 196 min ago
    • ID#: SP19179633
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.44
    Acres
    14,030
    SQFT
    $331
    $/SQFT
    1970
    Built
    Neighborhood:
    Other (Othr)
    County:
    Ventura
    Area:
    VC31 - Oxnard - Northwest
    Property Description
    This twenty-four-unit (24), North Oxnard multifamily property was constructed in 1970. The unit mix consists of sixteen (16) one-bedroom / one-bathroom units and eight (8) two-bedroom / one-bathroom units. The building includes a laundry room (washers and dryers owned by the owner). The new owner could expect few maintenance issues because of the several upgrades completed during the past five years including: Newer exterior paint, improved landscape, repaved entry and carport, upgraded kitchens and baths, newer paint and flooring, and upgraded electrical.
    Exterior Features

    Carport Spaces 24.00 Garage Spaces 0.00 Lot Features LandscapedNear Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Total 24.00 Pool Features PrivateIn Ground Pool Private YN Yes Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Flooring CarpetTile Laundry Features Individual Room

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.47 Community Features Suburban Country Us Electric Expense 1980.00 Elevation Units Feet Fuel Expense 5940.00 Gross Income 359520.00 Gross Multiplier 12.90 Gross Scheduled Income 359520.00 Insurance Expense 7200.00 Land Lease YN No Laundry Income 410.00 Laundry YN Yes Net Operating Income 207758.00 New Construction YN No New Taxes Expense 57927.00 Number Of Separate Electric Meters 25 Number Of Separate Gas Meters 25 Number Of Separate Water Meters 1 Operating Expense 140976.00 Pest Control Expense 1800.00 Pool Expense 3000.00 Professional Management Expense 20549.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other North Oxnard Total Expenses 140976.00 Trash Expense 3000.00 Water Sewer Expense 24000.00 Water Source Public Year Built Source Other Zoning R4

    Listing provided courtesy of Craig Lieberman of The Apt Investment Specialists


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-17T00:35:15.083. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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