560 W Gonzales Road Active Save Request In-Person Tour Request Virtual Tour
Oxnard,CA 93030
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 22,267 sqft
Price per Sqft $282
MLS Listing ID CRV1-29969
Year Built 1960
Lot Size 0.700 Acres
Property Sub-Type Other
Property Description
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.
Location
State CA
County Ventura
Interior
Heating Wall Furnace
Cooling None
Laundry Laundry Room
Exterior
View Y/N false
View None
Building
Lot Description Other
New Construction No