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Oxnard, CA 93035,4930 4940 NAUTILUS ST
$2,300,000
Est. payment /mo
$2,499,000
8.0%
Est.Price: ?

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SOLD DATE : 09/16/2014

Key Details

Sold Price $2,300,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID V0-214030746

Year Built 1962

Property Description

Rare investment opportunity to own this pride of ownership 12 unit apartment complex 2 blocks to beach in Mandalay Shores. Consists of (2) six unit buildings on separate lots with pleasant, well manicured lawn and trees in the middle. All units are two-bedroom, one-bath. Downstairs apartments have patios while upstairs tenants have use of a spacious redwood deck at each building. There are (6) 2-car garages. Each building has a laundry room with one large water heater. Copper plumbing. Property fully occupied, all tenants are month-month and no rental increases have been given after tenants moved in. 12% + rental upside in a wonderful location where buildings rarely change hands. See attached marketing package for more details.

Location

State CA

County Other County

Area Vc32 - Oxnard - Port Hueneme Beaches

Zoning R3C

Interior

Flooring Carpet, Vinyl

Exterior

View Y/N Yes

View Ocean

Building

Story Two

Others

Acceptable Financing CashtoNewLoan

Listing Terms CashtoNewLoan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nicholas Henry • The Channel Group
Bought with Nicholas Henry • The Channel Group
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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