24-unit well maintained Oxnard apartment building with ideal unit mix in central location off Oxnard BLVD and W GonzalesRD across from Lowes. 5.7% CAP rate, 11.4 x current rents. Significant recent capital expenditures invested into building including new roof, fresh exterior paint anddownstairs units replumbed. 560 W Gonzales RD features (6) 2BD/2BA, (6) 2BD/1BA and (12) 1BD/1BA apartments set ona 30,492 SF lot. The 32 garage spaces offer an excellent potential value add play for ADU conversion. Courtyard style 2-storybuilding with laundry room and separately metered for gas and electric. Individual water heaters. Several units in rear have large decks. Solid long terminvestment opportunity for a well-located building with spacious units that will always be in high demand from tenants.
For sale
Listing Provided by:
Nick Henry DRE #01748131 805-705-7311,
Beachside Partners
Price cut: $150K (9/30)
$6,300,000
560 W Gonzales Rd, Oxnard, CA 93030
15beds
12baths
22,267sqft
Est.:
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$283/sqft
$-- HOA
What's special
New roofSpacious unitsFresh exterior paintLarge decksLaundry roomIndividual water heaters
- 158 days |
- 207 |
- 8 |
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