150 Johnson Road
Oxnard, CA 93033
0.34 acres | #V1-28531
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.
Property Details
- Property SubtypeResidentialIncome
- Lot DescriptionSprinklersNone
- SubdivisionNot Applicable
- Property TypeMulti-Family
- Original List Price$1,695,000
- MLS #V1-28531
- MLS #V1-28531
- CountyVentura
- Cost1695000
- Acres0.34
- Year Built1953
- Parking Spaces3
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Craig Lieberman (#v211503120)
Listing Office: Apartment Investment Specialis (#VV8747)
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