633 Meta Street, Oxnard
Oxnard Home For Sale
14-unit apartment building + standalone commercial space near downtown Oxnard offered at 6.2% CAP / 10.7 GRM on current rents! This fully rented property includes a renovated 2-story 14-unit apartment building & a restaurant building. Originally built as a motel the apartment building totals 2,792 SF and contains all studio efficiency units (one bathroom and one room) along with a common laundry room with two sets of washer/dryers. Commercial building totals 1,305 SF and in past operated as a restaurant but current tenant operates as a prep kitchen that prepares meals for the agriculture contractors that provide immigrant field workers with daily meals. 18 uncovered parking spots. The apartment building has been completely updated over the past 5 years. This is a very efficient investment property offering some of the most affordable rents in the whole county. As such turnaround time is very short to rent out any apartment vacancies.
Property Details
Additional Information
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- City:
- Oxnard
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- County:
- Ventura
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- Zip:
- 93030
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- MLS® #:
- V1-24382
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- Bathrooms:
- 1
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- Lot Size:
- 0.23
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- Neighborhood:
- Not Applicable
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- HOA Dues:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of July 14th, 2024 at 9:25pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.