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Key Details
Sold Price $1,090,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID V0-215016343
Sold Date 01/06/16
HOA Y/N No
Year Built 1959
Property Description
Price just reduced $100k! 8-unit apartment building in Port Hueneme less than 1/2 mile to beach, directly behind police station & walking distance to schools and shopping. Deepwater port and naval base also are nearby. Consists of (2) four-unit buildings with 8 1BD/1BA units on 1 lot w/ multiple towering palm trees. Driveway replaced this year. 7 garage spaces and one uncovered parking spot. Unit 6 has own private yard. Separately metered electric and gas utilities and individual water heaters. First time on the market in 23 years! Current rents below market. 5.23% CAP, 11.13 GRM based on market rents ($1100 each). All but one unit on mo-mo. agreement
Location
State CA
County Other County
Area Vc32 - Oxnard - Port Hueneme Beaches
Zoning R3
Interior
Flooring Carpet, Vinyl
Fireplace No
Exterior
Garage Spaces 7.0
Garage Description 7.0
View Y/N No
Total Parking Spaces 7
Private Pool No
Building
Story Two
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 2070174210
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Mark Hafeman • W. Mark Hafeman Realty
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605