Oxnard, CA 93033,310 Cuesta Del Mar Drive
Oxnard, CA 93033,310 Cuesta Del Mar Drive
Oxnard, CA 93033,310 Cuesta Del Mar Drive
Oxnard, CA 93033,310 Cuesta Del Mar Drive
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$1,545,830

$1,600,000

3.4%
Est.Price: ?

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Est. payment /mo

9 Beds

5 Baths

7,500 Sqft Lot


SOLD DATE : 09/10/2024

Key Details

Sold Price $1,545,830

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID V1-24475

Sold Date 09/10/24

Bedrooms 9

HOA Y/N No

Lot Size 7,500 Sqft

Property Description

This Oxnard fourplex in turnkey condition after being renovated to studs in 2021 is comprised of (1) 2 BD / 1 BA; (2) 2 BD / 1.5 BA; and (1) 3BD / 2 BA unit. This property generates exceptionally strong annual rents of $126,984. This amount representing close to $50,000 more than the average Oxnard 4Plex income.Seller willing to carry $850,000 of the purchase price at the below-market rate of 6.5% subject to interest-only monthly payments. Such beneficial loan terms can only enhance cash flow compared to a higher market rate bank loan that requires principal payments.
This Oxnard fourplex in turnkey condition after being renovated to studs in 2021 is comprised of (1) 2 BD / 1 BA; (2) 2 BD / 1.5 BA; and (1) 3BD / 2 BA unit. This property generates exceptionally strong annual rents of $126,984. This amount representing close to $50,000 more than the average Oxnard 4Plex income.Seller willing to carry $850,000 of the purchase price at the below-market rate of 6.5% subject to interest-only monthly payments. Such beneficial loan terms can only enhance cash flow compared to a higher market rate bank loan that requires principal payments.

Location

State CA

County Ventura

Area Oxnard (93033)

Zoning Public Rec

Building

Lot Description Sidewalks

Lot Size Range 7500-10889 SF

Others

Acceptable Financing Cash, Exchange

Space Rent $2,850

Listing Terms Cash, Exchange

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Apartment Investment Specialis
Bought with RE/MAX Gold Coast-Beach Office
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