2101 San Marino Street

    Oxnard, CA 93033
    • $1,695,000
    • STATUS: Active Under Contract
    • ON SITE: 27 days
    • ID#: 218014144
    Under Contract
    UPDATED: 25 min ago
    $1,695,000
    • 0
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,332
      SQFT
    • $268
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    2101 San Marino Street offers an excellent opportunity to acquire a value-add Oxnard 8-unit apartment building with very desirable attributes. Features all 2 bed, 1 bath one-story units with laundry hookups, individual garages and considerable yard space that can easily be fenced in for individual outdoor space. Situated on a nearly 20,000 SF corner lot. Conveniently located near shopping, schools and parks. 9 electric meters, 8 gas meters and 4 water meters. 2 units just remodeled with new vinyl plank flooring in kitchen, bath along with resurfaced hardwood floors in bedrooms and hall plus new kitchen cabinets, counter top and sink, interior paint, fresh plumbing/electrical fixtures, new wall heaters and stoves. Other 6 units occupied by long term tenants and offer rental upside upon completing similar improvements. Offered at a 5.2% Cap rate on current rents, 5.8% CAP on market rents.

    Monthly Payment Calculator



    Based on information from CARETS as of 2018-12-13T15:47:33.427. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.scvnest.com/homes/89450930

    2101 San Marino Street Oxnard, CA 93033

    • Price: $1,695,000
    • Status: Active Under Contract
    • Updated: 25 min ago
    • ID#: 218014144
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    6,332
    SQFT
    $268
    $/SQFT
    1950
    Built
    Neighborhood:
    Oxnard - Se (Vc34)
    County:
    Ventura
    Area:
    Oxnard - Se (Vc34)
    Property Description
    2101 San Marino Street offers an excellent opportunity to acquire a value-add Oxnard 8-unit apartment building with very desirable attributes. Features all 2 bed, 1 bath one-story units with laundry hookups, individual garages and considerable yard space that can easily be fenced in for individual outdoor space. Situated on a nearly 20,000 SF corner lot. Conveniently located near shopping, schools and parks. 9 electric meters, 8 gas meters and 4 water meters. 2 units just remodeled with new vinyl plank flooring in kitchen, bath along with resurfaced hardwood floors in bedrooms and hall plus new kitchen cabinets, counter top and sink, interior paint, fresh plumbing/electrical fixtures, new wall heaters and stoves. Other 6 units occupied by long term tenants and offer rental upside upon completing similar improvements. Offered at a 5.2% Cap rate on current rents, 5.8% CAP on market rents.
    Exterior Features

    Common Walls Attached Garage Spaces Total 8.0

    Interior Features

    Floor Material Other Levels Ground Level Total Floors 1 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bed01 2 Unit Number Of Bed02 2 Water Heater Features None Water Heaters YN N

    Property Features

    Actual Annual Gross Rent 147600.00 Cap Rate 5.21 Country United States Of America Cross Streets Saviers & Iris Gross Rent Multiplier 11.48 Hoa YN N Land Lease Amount Per Year 0.0 Land Lease Type Fee Legal Disclosures Other Listing Terms Conventional Lot Size Source Public Records Number Electric Meters 9 Number Gas Meters 8 Number Leased 8 Number Water Meters 4 Owner Pays Water Special Conditions Standard Sale Square Footage Source Public Records Tax Mello Roos No Tenant Pays ElectricityGas Unit Monthly Rent01 3300.00 Unit Monthly Rent02 9000.00 Unit Total Monthly Rent01 1650.00 Unit Total Monthly Rent02 1500.00 Unit Type01 2 Unit Type02 6 Units Total In Complex 8 Zoning R2

    Listing provided courtesy of Nicholas Henry DRE#01748131 of Beachside Partners.


    Based on information from CARETS as of 2018-12-13T15:47:33.427. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    RE/MAX of Santa Clarita
    25101 The Old Road
    Santa Clarita CA, 91381