$560.17 Per Sq Foot $12,320 est/mo Sourced by Back At You

633 Meta Street,Oxnard, CA 93030

Oxnard CA, 93030

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Description

6.2% CAP rate on current rents! A 1,305 SF commercial/restaurant building and fully renovated two-story 14-unit apartment building set on 10,000 SF lot near 5 points in Oxnard. The commercial building historically operated as a restaurant and is equipped with dining area, kitchen, food prep area, storage room and two restrooms along with floor drains. The current tenant operates as a prep kitchen that prepares meals for the agriculture contractors that provide immigrant field workers with daily meals. The two-story apartment building was converted from a motel and contains 14 studio units (one bathroom and one room) along with a common laundry room with two sets of washer/ dryers. 18 uncovered parking spaces in rear. Front and rear electronic gates provide privacy and security to its residents. The apartment building has been completely updated over the past 5 years including new roof, fresh paint and fascia replacement, fumigation for pest treatment, new windows and doors, new main electrical panel and exterior LED lighting, new driveway and striping, new water heaters and various plumbing upgrades along with full remodel of interiors including new baths, flooring, lighting, electric heating units and kitchen counter and sink.

Details

MLS#V1-23401
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1952
Days On Site19
Listing Provided ByBeachside Partners (805) 453-5097 | Jason Liehr

Features

SQ Feet4,097
Building(s)2
Acreage0.23

Market Activity 93030

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyVentura
CityOxnard
Zip Code93030
AreaVC31 Oxnard Northwest
Listing VS Median (in 93030)
Price:
$2,295,000
low | high
Med:
$700,000
100% of Average
SqFt:
4,097
low | high
Med:
1,730
100% of Average
$ / SqFt:
$560
low | high
Med:
$405
77.767073431813% of Average
On Site:
19
low | high
Med:
90.000000
21.111111111111% of Average
Sourced by Back At You
Listing Updated: May 7, 2024 at 4:28:41 PM PDT