1300 Isleton Place
Oxnard, CA 93030
- – beds
- – baths
- – sqft
- 7,722 sqft lot
- 1980 build
- – on site
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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 (currently at $100,440/year, but will be $109,458 in July 2024 after rent increases go into effect and with tenants reimbursing the owner for water/sewer utility cost), a critical element for Oxnard residential income properties that are subject to the recently adopted Rent Stabilization Ordinance (''RSO'') limiting annual rent increases to 4% of each preceding base rents, thereby making this property maintain a distinct advantage over most other comparable 4-plexes in the Oxnard residential income market. Another strong advantage this property holds is its year built (1980), which likely makes property maintenance costs much less likely to occur than most other 4plexes sold or available for sale that were built earlier.Property management is in the process of notifying tenants that tenants will now be reimbursing the landlord 100% of the water/sewer and trash expense. This is in addition to any possible rent increase that may occur in the short-term future.
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Last updated Jun 25, 2024
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MLS# V1-20305 —
The Building
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Year Built:1980
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Year Built Source:Public Records
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Total Number Of Units:4
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# of Buildings:2
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Common Walls:No Common Walls
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# of Separate Gas Meters:4
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# of Separate Water Meters:1
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# of Separate Electric Meters:4
Interior
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Fireplace:No
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Fireplace:None
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Laundry:None
Location
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Directions:Located near the corner of S Ventura Road and West 7th Street
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Latitude:34.19580500
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Longitude:-119.19353100
The Property
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Property Type:Residential Income
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Lot Features:Sprinklers None
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Lot Size Area:7722.0000
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Lot Size Acres:0.1773
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Lot Size SqFt:7722.00
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Lot Size Source:Public Records
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View:None
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Fencing:None
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Fence:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2020243045
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Appliances
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Appliances:None
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Included:No
The Community
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Subdivision:Not Applicable
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Features:Street Lights, Sidewalks
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Association Amenities:Insurance
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Association:The Management Trust
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Association:Yes
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Association Fee:$592
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Association Fee Frequency:Monthly
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
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Assessments:None
Parking
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Parking:Yes
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Parking:Garage
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Parking Spaces:4.00
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Garage Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/29/24
Mar 29, 2024
|
BRIDGE | $1,435,000 | ||
|
10/4/23
Oct 4, 2023
|
Listed / Active | CRMLS_CA | $1,435,000 | 82.8% (10.4% / YR) |
|
10/13/15
Oct 13, 2015
|
CRMLS_CA | $785,000 |
