150 Johnson Road Pending

Oxnard,CA 93033

$ 1695000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRV1-28531

HOA Y/N No

Year Built 1953

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Other

Property Description

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.

Location

State CA

County Ventura

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry No Hookups

Exterior

View Y/N false

View None

Building

Lot Description Other

New Construction No

Others

Tax ID 2220160020

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