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Key Details
Sold Price $988,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Oxnard: Other - 0034
MLS Listing ID V1-5045
Sold Date 05/04/21
HOA Y/N No
Year Built 1964
Lot Size 5,998 Sqft
Property Description
220 Canterbury is an unusually large 4-unit apartment building in South Oxnard featuring an ideal unit mix of (2) 3BD/2BA and (2) 2BD/2BA units. 5 garage spaces, onsite laundry room (not currently in use) and separate electric and gas meters. There is (1) 100-gallon water heater. Water heater is 5 years old, roof (flat) was replaced 10 years ago. Convenient location near shopping, buslines and employment opportunities. Current residents are very long term ( 9, 16, 23 and 26 years in place). Rents have not been increased in the last 2 years and are well below market levels. Significant upside rental rate potential. Offered at 10.9 x pro forma market level rents.
Location
State CA
County Ventura
Area Vc34 - Oxnard - Southeast
Interior
Cooling None
Fireplace Yes
Laundry None
Exterior
Garage Garage
Garage Spaces 5.0
Garage Description 5.0
Fence Chain Link
Pool None
Community Features Urban
View Y/N No
View None
Total Parking Spaces 5
Private Pool No
Building
Lot Description Sprinklers None
Story Two
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 2220103035
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Veronica Salazar • Century 21 Everest
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Terrance Scotton, Broker Associate
Broker Associate | License ID: 01707848 NMLS: 908256
Broker Associate License ID: 01707848 NMLS: 908256