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About the Listing V9025 - VC199509340,V199504560
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). The site is separately metered for electricity and gas. 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.
Listing Highlights
Interior Details
- Bedrooms: 1
- Bathrooms: 2 Full
- Appliances: Gas Range, Refrigerator
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Sprinklers None,No Land Lease
- Garage Capacity: 25 car
- Parking Spaces: 25
- Roof: Composition
- Others: Concrete,2+ Total Units,Has ADU
- Sewer:
- Parking Features: Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2000151115
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1315 Devonshire Dr Oxnard, CA 93030
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