1400 Edgewood Way, OXNARD, CA 93030 (MLS# 17-1667)

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1400 Edgewood Way, OXNARD, CA 93030

$3,100,000

Property Type: Res Inc Lot Size (sq. ft.): 13,697 Status: Closed

Current Price: $3,100,000 List Date: 7/06/2017 Last Modified: 9/15/2024

Overview

Description

First time on the market in years! Fantastic opportunity to acquire an asset of this size located in the Fremont North neighborhood. Built in 1964, this 2-story property has an excellent unit mix of (10) studios, (10) 1BD/1BA and (2) 2BD/1BA apartments. More than $10,000 of renovations have been made to each of the units (with exception to one) which include granite counters, tile floors, new fixtures, new lighting, and new bathrooms with tile showers. The property has key access security doors for extra privacy and beautiful new landscaping in the interior courtyard. A common laundry room and on-site carport parking are also available for tenants. Security cameras provide additional peace of mind for tenants.

Listing Details MLS# 17-1667

Location Info

District: 00 - VENTURA
Street #: 1400
Street Name: Edgewood
Street Suffix: Way
State: CA
Country: US
Postal Code: 93030
County: Ventura
Parcel Number: 200-0-352-035
Cross Street: N. M St.

Contract Info

Price: 3500000
Buyers Agent $/%: 2.5
Begin Date: 2017-05-19

Status Information

Sold Date: 2017-09-18
Under Contract Date: 2017-07-17

Property Information

Number of Units: 22
Stories: 2
Year Built: 1964
Apx Lot SqFt: 13697
Recurring Fees: No

Remarks

Hot Sheet Comment: price

Owner Info

Deposit: 3

More Information

Miscellaneous

Parking Spaces: 24

Unit 1

# Units: 10
# Baths: Yes
Furnished: N
Rent: 9975
Monthly Total: 9975
# Bedrooms: 0
# Half Baths: 0

Unit 2

# Units: 10
# Bedrooms: Yes
# Baths: Yes
Monthly Total: 10108

Unit 4

# Units: 2
# Bedrooms: 2
# Baths: Yes
Monthly Total: 2412

Meters

Sep Meter Elec: Y

Neighborhood/Schools

Elementary School: Other
Junior High School: Other
High School: Other

Proximity

Near Bus: Yes
Near Hospital: Yes
Near Park(s): Yes
Near School(s): Yes
Near Shopping: Yes

Laundry

Laundry Room: Yes

Income/Expenses

Gross Rent Multiplr: 13.30
Capitalization Rate: 3.67
NOI: 128615

Zoning

R-4: Yes

Terms

Cash: Yes
OTHER/CLA: Yes

Listing Type

ER: Yes

Parking Info

Carport: Yes

Owner Provides

Gas: Yes
Water: Yes
Cbl TV: Yes

Property Features

Parking Info: Carport; Carport Proximity: Near Bus; Near Hospital; Near Park(s); Near School(s); Near Shopping Laundry: Laundry Room Owner Provides: Gas; Water; Cbl TV Zoning: R-4 Terms: Cash; OTHER/CLA Listing Type: ER

Listing Office: Radius Group Commercial R.E.

Last Updated: September - 15 - 2024

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