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1101 Isleton Place

Oxnard, CA 93030
  • $1,298,000
  • STATUS: Active Under Contract
  • ON SITE: 29 Days
  • ID#: V1-22490
Under Contract
UPDATED: 25 min ago
$1,298,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1974
County:

School Ratings & Info

Listing Agent(s): Stephen Ng of eXp Realty of California ((888) 832-7179)


Description

Presenting a rare and enticing opportunity to acquire a quadplex, ideally suited for discerning investors or househacker. This quadplex offers a diverse mix of rental units, featuring one unit with 3 bedrooms and 2 bathrooms, two units with 2 bedrooms and 1.5 bathrooms each, and one unit with 2 bedrooms and 1 bathroom.Each unit enjoys the added convenience of its own detached garage, complete with washer/dryer hookups, ensuring a seamless living experience for tenants. The property is efficiently managed, with long-term, month-to-month tenants already in place, facilitating a smooth transition for prospective owners.Currently, the rental rates are positioned below market value, presenting an opportunity for potential upside. Tenants are responsible for gas and electricity expenses.Don't miss out on the chance to own this well maintained quadplex, strategically positioned to capitalize on both rental income potential and future appreciation.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-20T13:36:54.02. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.
www.socalrealtyexpert.com/homes/148796214
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1101 Isleton Place Oxnard, CA 93030

  • Price: $1,298,000
  • Status: Active Under Contract
  • On Site: 29 Days
  • Updated: 25 min ago
  • ID#: V1-22490
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1974
Built
Neighborhood:
Oxnard: Other - 0035
County:
Ventura
Area:
VC35 - Oxnard - Northeast
Property Description
Presenting a rare and enticing opportunity to acquire a quadplex, ideally suited for discerning investors or househacker. This quadplex offers a diverse mix of rental units, featuring one unit with 3 bedrooms and 2 bathrooms, two units with 2 bedrooms and 1.5 bathrooms each, and one unit with 2 bedrooms and 1 bathroom.Each unit enjoys the added convenience of its own detached garage, complete with washer/dryer hookups, ensuring a seamless living experience for tenants. The property is efficiently managed, with long-term, month-to-month tenants already in place, facilitating a smooth transition for prospective owners.Currently, the rental rates are positioned below market value, presenting an opportunity for potential upside. Tenants are responsible for gas and electricity expenses.Don't miss out on the chance to own this well maintained quadplex, strategically positioned to capitalize on both rental income potential and future appreciation.
Exterior Features

Construction Materials Stucco Direction Faces South Fencing Wood Lot Features Sprinklers In Front Number Of Separate Electric Meters 4 Open Parking Spaces 2 Parking Features AssignedGarage Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring CarpetVinyl Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Community Features Street LightsSidewalks Garage YN Yes Gross Income 90324 Gross Scheduled Income 90324 Insurance Expense 2621 Land Lease YN No Laundry Features In Garage Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 64477.28 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 24846.72 Other Equipment Satellite Dish Possession Close Of EscrowNegotiable Property Sub Type Quadruplex Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TVElectricityGasParking Fee Trash Expense 0 Water Sewer Expense 6651 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-20T13:36:54.02. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.
 
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Robin McCann | EXIT Alliance Realty
43521 Rige Park Drive, Suite 201
Temecula CA, 92590
Listing Agent(s): Stephen Ng of eXp Realty of California ((888) 832-7179)