Bought with Garry Eberhardt • RE/MAX Gold Coast-Beach Office
$1,545,830
$1,600,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
310 Cuesta Del Mar Drive Oxnard, CA 93033
7,500 SqFt
Key Details
Sold Price $1,545,830
Property Type Multi-Family
Sub Type OTHER
Listing Status Sold
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $206
MLS Listing ID CRV1-24475
Sold Date 09/10/24
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1964
Lot Size 7,500 Sqft
Property Description
This Oxnard fourplex in turnkey condition after being renovated to studs in 2021 is comprised of (1) 2 BD / 1 BA; (2) 2 BD / 1.5 BA; and (1) 3BD / 2 BA unit. This property generates exceptionally strong annual rents of $126,984. This amount representing close to $50,000 more than the average Oxnard 4Plex income.Seller willing to carry $850,000 of the purchase price at the below-market rate of 6.5% subject to interest-only monthly payments. Such beneficial loan terms can only enhance cash flow compared to a higher market rate bank loan that requires principal payments.
Location
State CA
County Ventura
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Laundry Laundry Room
Exterior
View None
Building
Lot Description Other
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