Property · 5 recorded sales since 2013
Listing Agent: Craig Lieberman (DRE #00682741) · Listing Office: Apartment Investment Specialis · Contact: (805) 320-6646 · Bought with: Garry Eberhardt · RE/MAX Gold Coast-Beach Office · MLS #V1-24475 · Source: CRMLS
This Oxnard fourplex in turnkey condition after being renovated to studs in 2021 is comprised of (1) 2 BD / 1 BA; (2) 2 BD / 1.5 BA; and (1) 3BD / 2 BA unit. This property generates exceptionally strong annual rents of $126,984. This amount representing close to $50,000 more than the average Oxnard 4Plex income.Seller willing to carry $850,000 of the purchase price at the below-market rate of 6.5% subject to interest-only monthly payments. Such beneficial loan terms can only enhance cash flow compared to a higher market rate bank loan that requires principal payments.
Listing description from the September 2024 sale, as reported to CRMLS.