Map
Listed price in listed location currency (USD).
$4,798,000

0025

MLS® 26-1812

Overview

Key Facts

Type 
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 0
Lot Size 
Approx. Age 1964
MLS® Number 26-1812

Property Address: 1315 Devonshire Drive, Oxnard, CA, 93030

Average square foot calculated using Size range provided by listing agent.

Description

25-unit Oxnard apartment building for sale located on a corner lot near Fremont Square shopping center, several medical clinics and schools as well as bus lines. 1315 Devonshire DR is a 2-story courtyard style property featuring (12) 1BD units and (13) studios along with garage parking. The roof has recently been replaced. Other recent improvements include the installation of seismic shutoff valves on gas meters, 2 new commercial grade water heaters and upgraded cold water line plumbing pipes (pipes were sandblasted and injected with epoxy liner). There is an onsite laundry room and the garages offer ADU conversion potential. Offered at $191k/unit and a 6.2% CAP rate, 10.2 GRM this is a compelling opportunity to own in a strong rental market with additional upside potential in rental rates
MLS® Number26-1812
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1964
Basement
DrivewayGarage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Map

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