Oxnard, CA 93030,633 Meta Street
Oxnard, CA 93030,633 Meta Street
Oxnard, CA 93030,633 Meta Street
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$1,995,000
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10,000 Sqft Lot
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633 Meta Street Oxnard, CA 93030

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID V1-33248

Lot Size 10,000 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

14-unit apartment building + standalone commercial space near downtown Oxnard offered at 7.5% CAP / 8.9 GRM on current rents! This fully rented property includes a renovated 2-story 14-unit apartment building & a restaurant building. 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 and delivers meals to field workers at nearby farms. 18 uncovered parking spots. The apartment building has been completely updated over the past 6 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.

Location

State CA

County Ventura

Zoning Public Rec

Direction Off Oxnard BLVD & 7th

Interior

Heating Combination Heating

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 2010272220

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


MLS Router / San Diego MLS
Listed by Jason Liehr Beachside Partners

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Kurt Wannebo

Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

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633 Meta Street