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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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Bought with Nicholas Henry • The Channel Group