Property · 2 recorded sales since 2015
Listing Agent: Craig Lieberman (DRE #00682741) · Listing Office: Apartment Investment Specialis · Contact: (805) 320-6646 · Bought with: Craig Lieberman · Apartment Investment Specialis · MLS #V1-28531 · Source: CRMLS
This six-unit apartment property, owned by the seller for more than 10 years, is located in the south part of Oxnard, just to the east of Saviers Rd (across from the DMV). The tenant community at the property has moved in to the property at various times throughout the years, but offers a buyer significant upside with its under market rents. As such, the new owner can expect several years of consistent rent increases at the maximum annual rent increase percentage under Oxnard's current Rent Stabilization Ordinance (RSO). For almost the entire length of ownership, the seller has been updating the property with quality materials and workmanship.
Listing description from the May 2025 sale, as reported to CRMLS.