$1,130,000
$1,265,000
10.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 07/07/2023
Key Details
Sold Price $1,130,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID V1-17119
Sold Date 07/07/23
HOA Y/N No
Year Built 1955
Property Sub-Type Office
Property Description
OWC for 5 yrs at 5% Wonderful opportunity to invest in these two free standing buildings on a 7000 sq ft lot. Located in the northern part of Oxnard, the most populous city in Ventura County. The buildings have visibility to Oxnard Blvd which is one of the primary artery routes across town, The location on A Street has proximity to residential neighborhoods, downtown shopping, movie theaters, public library, restaurants and more. The structures are configured with a two-story block building having 2 office suites downstairs and 4 office spaces upstairs. The one-story building has 3 units made up of two shops and an office suite. All units in both buildings are on leases with plenty of long-term upside potential. Buildings have been tuned-up for lower cost maintenance. Newer roofing and HVAC systems along with sewer laterals, and other pipes to ABS. Plus many other improvements. All the big-ticket items have been done so the buildings can be lower maintenance. This corner lot property at A St and Deodar Ave is looking for a seasoned investor or a mom-and-pop Owner who may want to self-manage and collect timely rents from happy tenants.
Location
State CA
County Ventura
Area Vc31 - Oxnard - Northwest
Interior
Cooling Central Air
Fireplace No
Laundry None
Exterior
Fence None
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Overhead Utilities
Roof Type Composition,Rolled/Hot Mop
Present Use Commercial
Total Parking Spaces 10
Building
Lot Description Corner Lot, Irregular Lot, Near Public Transit, Sprinklers Timer, Walkstreet
Story 2
Water Public, See Remarks
Others
Tax ID 2000252070
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner Will Carry, Owner May Carry
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner Will Carry, Owner May Carry
Special Listing Condition Standard
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Bought with Tim Comstock • Comstock & Company Real Estate Services
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "