Listing provided courtesy of Daniel Shamooelian of BRC Advisors- BH. Last updated 2019-07-03 09:43:57.000000. Listing information © 2024 CLAW.

Asking Price: $4,700,000

1644 CALIFORNIA, Oxnard CA 93033

Community: ​Oxnard - SE

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This property was built in 1954 and is priced at $4,700,000. Please see the additional details below.
  • 21,362 Sq Ft
  • 25 bathrooms
  • 43 bedrooms
  • MLS#: 301644437825
  • Type:
  • Year Built: 1954
UPSIDE UPSIDE UPSIDE! We are pleased to present for sale a 25 unit value add opportunity located in the Cal-Gisler neighborhood of Oxnard. The property boasts an excellent unit mix of eighteen (18) 2 bd/1 ba and seven (7) 1 bd/1 ba. With NO-RENT CONTROL in the city of Oxnard, this property affords an investor the opportunity to capture more than 30% UPSIDE IN RENTS! Proforma cap of 7% and Gross Multiplier of 9.5! Under $200,000/door! Property has been well maintained: Newer roof and all the electrical was recently updated. The units are spacious, with an average size of 850 sqft. Each unit has an enclosed one-car garage for parking. Do not miss this opportunity to acquire a true value add property in the heart of Oxnard. Contact agent for more details!

Call or Email David Bailey now to inquire about this property

310-850-2107