Public Remarks: Embrace the epitome of coastal living in this magnificent 3655 sq ft duplex, ideally situated just a short walk from the beach.
This home is a masterpiece of design, featuring an open concept floor plan that beautifully integrates living spaces, creating an environment of both luxury and comfort. At the heart of this residence
This 4-plex is comprised of (1) 3 Bed / 2 Bath; (2) 2 Bed / 1.5 Bath, and (1) 2 Bed / 1 Bath.
The financial strength of this property is the most obvious highlight with its strong rents in place ($100,440/year), a critical element for Oxnard residential income properties that are subject to the recently adopted Rent Stabilization Ordinance (''RSO'')
limiting annual rent increases to 4% of each preceding base rents, thereby making this property maintain a distinct advantage over most other comparable 4-plexes in the Oxnard residential income market. Another strong advantage this property holds is its year built (1980), which likely makes property maintenance costs much less likely to occur than most other 4plexes sold or available for sale that were built earlier.
See proforma with seller carry details in the documents section.
Seller will consider carrying Loan!
Terms to include 7% interest rate with $700,000 down This 4-plex is comprised (1) 3 Bed / 2 Bath; (2) 2 Bed / 1.5 Bath, and (1) 2 Bed / 1 Bath. The financial strength of this property is the most obvious highlight with its strong rents in place ($101,220/year), a critical element for Oxnard residential income
properties that are subject to the recently adopted Rent Stabilization Ordinance (''RSO'') that caps the annual rent growth to 4% of unit base rents, making this property have a distinct advantage over most other comparable 4-plexes in the Oxnard residential income market.
See seller proforma in the documents section. In fact, when considering all other Oxnard 4plexes sold since the beginning of 2021, this property generates more than 25% higher annual income than the next highest income-generating ($79,860) 4plex sold in the Oxnard market during that period. Another strong advantage 1310 Hull Place holds over its property piers is the fact that it was constructed in 1980 and would be expected to suffer less maintenance costs than most other of the comparable 4plexes.
Spacious 6-Bedroom, 3-Bath Home with Versatile Living Options in Sunny South Oxnard, California!
Discover the ideal property with room to spare! Nestled in South Oxnard, this residence boasts an impressive 6 bedrooms and 3 full baths, offering ample space for your unique needs. What sets this home apart is its versatility, as it's divided into
two separate living spaces, making it perfect for various living arrangements or rental income. The main living area features a comfortable 4-bedroom, 2-bath layout with a convenient 2-car attached garage. This space provides plenty of room for your lifestyle, with an inviting atmosphere.
Additionally, a separate 2-bedroom, 1-bath unit awaits with its own private entrance and kitchen, offering the perfect setup for diverse living situations or income potential. The possibilities are endless, giving you the flexibility to adapt this property to your preferences. Located in sunny South Oxnard, you're just a short drive away from beautiful beaches, shopping, dining, and entertainment. This
property offers both ample living space and the potential for additional income, ensuring a bright future in this vibrant community. Whether you envision a larger residence or a dual-living arrangement, this property suits a variety of lifestyles.
South Oxnard is a thriving area, and this versatile home is your opportunity to join its success. Don't wait - make it yours today! Contact us for more details and to schedule a viewing.
DUPLEX, BRAND NEW CONSTRUCTION just a few blocks from the Pacific Ocean!
You will enjoy this coastal community and all it has to offer.amazing surf, endless sunsets and coastal breeze. This home is located inside a quiet community and does not back up to a busy road, Easy walk to local eateries, shopping and nearby Channel Islands Harbor to