Oxnard, CA 93030,1310 Hull PL
Oxnard, CA 93030,1310 Hull PL
Oxnard, CA 93030,1310 Hull PL
8
$1,432,800
$1,450,000
1.2%
Est.Price: ?

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7,348 Sqft Lot

1310 Hull PL Oxnard, CA 93030

Est. payment /mo
SOLD DATE : 01/19/2024

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Key Details

Sold Price $1,432,800

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Oxnard: Other - 0035

MLS Listing ID V1-19825

Condo Fees $592

HOA Fees $592/mo

Year Built 1980

Lot Size 7,348 Sqft

Property Description

Seller will consider carrying Loan!Terms to include 7% interest rate with $700,000 down.This 4-plex is comprised of (1) 3 Bed / 2 Bath; (2) 2 Bed / 1.5 Bath, and (1) 2 Bed / 1 Bath. The financial strength of this property is the most obvious highlight with its strong rents in place ($101,220/year), a critical element for Oxnard residential income properties that are subject to the recently adopted Rent Stabilization Ordinance ('RSO') that caps the annual rent growth to 4% of unit base rents, making this property have a distinct advantage over most other comparable 4-plexes in the Oxnard residential income market.In fact, when considering all other Oxnard 4plexes sold since the beginning of 2021, this property generates more than 25% higher annual income than the next highest income-generating ($79,860) 4plex sold in the Oxnard market during that period.Another strong advantage 1310 Hull Place holds over its property peers is the fact that it was constructed in 1980 and would be expected to suffer less maintenance costs than most other of the comparable 4plexes.See seller carry profroma in the documents section.

Location

State CA

County Ventura

Area Vc35 - Oxnard - Northeast

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Laundry None

Exterior

Garage Garage

Garage Spaces 4.0

Garage Description 4.0

Fence None

Pool None

Community Features Street Lights, Sidewalks

Amenities Available Electricity, Management

View Y/N No

View None

Building

Lot Description Sprinklers None

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Craig Lieberman • Apartment Investment Specialis
Bought with Gary Schoeffler • Berkshire Hathaway HomeServices California Properties

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Shirley Smith

Agent | License ID: 02046865

+1(619) 559-6548

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