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Listed by Doug Kubiske • RE/MAX Gold Coast REALTORS
$ 1,350,000
Est. payment | /mo
6,969 Sqft Lot
$ 1,350,000
Est. payment | /mo
6,969 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRV1-33373
Year Built 1977
Lot Size 6,969 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Great 4-unit investment property in a strong Oxnard rental location! 1220 Hull Place offers 4 units with excellent unit mix and strong in-place income of $89,916 per year (approx. 15 GRM). The front unit #1 is a desirable single-story 3 bed/2 bath with fireplace and enclosed patio. Units # 2 and #3 are spacious 2 bed/1.5 bath townhome-style units, each with enclosed patios. Unit #4 is a 2 bed/1 bath with a large deck for outdoor enjoyment. All units have enclosed garages and individual washer/dryer hookups in the garages--highly attractive to tenants. Long-term tenants and historically low vacancy in this area provide stable cash flow, with upside in repositioning and future rent increases. Separately metered for electricity and gas.This property is located in an established Oxnard neighborhood close to services, schools, and transportation. A rare opportunity to acquire a well-laid-out 4-plex with strong fundamentals, solid income, and built-in value-add potential.
Location
State CA
County Ventura
Area Vc31 - Oxnard - Northwest
Rooms
Kitchen Oven Range
Interior
Heating Gas, Central Forced Air
Cooling None
Flooring Laminate
Laundry In Garage
Exterior
Parking Features Garage
Garage Spaces 5.0
Pool 31, None
View None
Building
Foundation Concrete Slab
Water Hot Water, District - Public
Others
Tax ID 2020213040
Special Listing Condition Not Applicable
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