Description
6 unit apartment building in North Oxnard 1 block from Fremont Square Shopping Center offering an excellent opportunity to assume existing Chase loan at only 4.59%($860K loan balance) thru 8/1/29. Offered at 12.7 x current rents, 500 N Ventura RD includes (2) 2BD/1BA & (4) 1BD/1BA. Carport parking, onsite laundry room(not currently in use) and separately metered for electricity and gas. The building has dual pane windows. Tenants will appreciate the close proximity to shopping and schools plus the fact that the neighborhood immediately behind the property is comprised entirely of SFR’s. Great 1031 exchange property or addition to portfolio with immense cash flow savings offered by the assumable loans
Property Id: 126584
Price: $ 1,700,000
Property Lot Size: 0.14 ft2
Building Area Total: 4080
Common Wall: NoCommonWalls
Community Features: Biking
Contract Status Change Date: 2025-09-17
Cumilative Days on Market: 108
Days on Market: 108
Directions: On Ventura RD frontage between Gonzales & 5th ST
Fencing: Vinyl
Gross Income: 11181
Gross Scheduled Income: 134196
Heating: WallFurnace
Laundry Features: LaundryRoom
List Agent AOR: VenturaCoastal
List Agent Direct Phone: (805) 705-7311
List Agent Email: nick@beachsidepartners.com
List Agent Name: Nick Henry
List Agent MLS ID: V199504560
List office AOR: VenturaCoastal
List office Email: jon@beachsidepartners.com
List office MLS ID: V9025
List office Phone: (805) 626-0112
Listing Agreement: ExclusiveRightToSell
Listing Contract Date: 2025-09-17
Listing ID: V1-32408
Listing Service: FullService
Listing Terms: Conventional
Lot Features: SprinklersNone
Lot Size Area: 6098
Lot Size Source: Assessor
Lot Size Square Feet: 6098
Lot Size Units: SquareFeet
MLS Area Major: VC31 - Oxnard - Northwest
MLS Status: Active
Number of Buildings: 1
Number of Seperate Electric Meters: 7
Number of Seperate Gas Meters: 7
Number of Seperate Water Meters: 1
Number of Units Total: 6
On Market Date: 2025-09-17
Original List Price: 1700000
Parcel Number: 2000263055
Parking Features: Carport
Parking Total: 5
Photos Count: 8
Postal City: OXNARD
State or Province: CA
Stories Total: 2
Street Dir Prefix: N
Street Name: ventura
Street Number: 500
Street Suffix: Road
Year Built: 1963
Other Features
Cooling
Fireplace
Garage
GasOven
Has Carport
Has Heating System
Land Lease
Private Pool
Property Attached
Rent Control 1
Senior Community
Spa
View
$ 9,924.72
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 8,153.89
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