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$1,350,000
Est. payment /mo
9 Beds
33 Baths
6,969 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID V1-33373
Bedrooms 9
Lot Size 6,969 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Great 4-unit investment property in a strong Oxnard rental location! 1220 Hull Place offers 4 units with excellent unit mix and strong in-place income of $89,916 per year (approx. 15 GRM). The front unit #1 is a desirable single-story 3 bed/2 bath with fireplace and enclosed patio. Units # 2 and #3 are spacious 2 bed/1.5 bath townhome-style units, each with enclosed patios. Unit #4 is a 2 bed/1 bath with a large deck for outdoor enjoyment. All units have enclosed garages and individual washer/dryer hookups in the garages--highly attractive to tenants. Long-term tenants and historically low vacancy in this area provide stable cash flow, with upside in repositioning and future rent increases. Separately metered for electricity and gas.This property is located in an established Oxnard neighborhood close to services, schools, and transportation. A rare opportunity to acquire a well-laid-out 4-plex with strong fundamentals, solid income, and built-in value-add potential.
Location
State CA
County Ventura
Zoning Assessor
Direction Ventura Rd to 5th to K to Hull
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 2020213040
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Listed by Doug Kubiske RE/MAX Gold Coast REALTORS
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