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    309 Hill St

    Oxnard, CA 93033
    • $5,300,000
    • STATUS: Active
    • ON SITE: 14 days
    • MLS #: 21-2605
    UPDATED: 66 min ago
    $5,300,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing provided courtesy of A.I.S. Property Management Services.

    Description

    309 Hill Street, Oxnard is part of a six-property Ventura County multifamily property portfolio, that has undergone extensive renovation, is being offered individually, or in any combination of one or more of the available six, the total units of which is 76. 309 Hill Street, with an approximate 11,229 s.f. of net leasable area, is comprised of 23 residential units and one leased commercial corner store. The property has a generous amount of income diversification. Not only is income generated from the residential units, but additional income is generated from the leased corner mini-store, as well as the two (2) garage spaces, three (3) storage units, and the laundry room. Annual income is $412,764 and produces an 4.4% cap rate and 12.8 GRM.

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    © 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-07-27T12:46:55.257. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2021-07-27T12:46:55.257.
    www.searchsbhomes.com/homes/119240942
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    309 Hill St Oxnard, CA 93033

    • Price: $5,300,000
    • Status: Active
    • Updated: 66 min ago
    • MLS #: 21-2605
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1958
    Built
    Neighborhood:
    Out of Area
    County:
    Ventura
    Area:
    Out of Area
    Elementary School:
    Other
    Middle School:
    Other
    High School:
    Other
    Property Description
    309 Hill Street, Oxnard is part of a six-property Ventura County multifamily property portfolio, that has undergone extensive renovation, is being offered individually, or in any combination of one or more of the available six, the total units of which is 76. 309 Hill Street, with an approximate 11,229 s.f. of net leasable area, is comprised of 23 residential units and one leased commercial corner store. The property has a generous amount of income diversification. Not only is income generated from the residential units, but additional income is generated from the leased corner mini-store, as well as the two (2) garage spaces, three (3) storage units, and the laundry room. Annual income is $412,764 and produces an 4.4% cap rate and 12.8 GRM.
    Exterior Features

    Parking Information Uncovered

    Interior Features

    Laundry Room Unit1 Baths 24.00 Unit1 Bedrooms 29.00 Unit1 Half Baths 0.00

    Property Features

    Cross Street South C Street Deposit 3.00 Income Expenses Annual Income 412764.00 Income Expenses Gross Rent Multiplier 12.8 Meters Separate Meter Electric No Meters Separate Meter Gas No Meters Separate Meter Water No Terms Other/Cla Unit1 Furnished No Unit1 Monthly Total 33495.00 Unit1 Rent 33495.00 Unit1 Units 23.00 Zoning C-1

    Listing information © 2021 Santa Barbara MLS
    Listing provided courtesy of A.I.S. Property Management Services.



    © 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-07-27T12:46:55.257. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2021-07-27T12:46:55.257.
     
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    Chris Gregoire & Chad Beuoy Real Estate | Compass
    1101 Coast Village Road
    Montecito CA, 93108
    Listing provided courtesy of A.I.S. Property Management Services.