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220 S E Street

Oxnard, CA 93030

– beds
– baths
– sqft
6,969 sqft lot
1960 build
84 days on site

Price just reduced $100k! 8-unit Oxnard apartment building located in the historic district with approved plans to build (2) new ADUs. Excellent investment opportunity to realize upside in rental rates on existing units along with taking baton from Seller to use city approved plans to build 2 additional studio units totaling 650 SF. Current Unit mix includes (1) 2BD/2BA, (2) 2BD/1BA and (5) 1BD/1BA units each with their own patio. Laundry room onsite, currently not in use, with new commercial grade water heater serving whole building. 4 of the units have been recently remodeled. Good downtown Oxnard location within walking distance to Plaza Park (home to farmers market and community events), Santa Clara Elementary School, Public Library, City Hall & Centennial Plaza - home to movie theaters, shops and restaurants. Offered at 12.5 x current in place rents.7.2% CAP rate can be achieved by the astute investor on market rents and assumed new ADU rents (assumes $200k+/- to build (2) studio ADU units totaling 650 SF which are projected to rent for $1700 apiece).

Listed By CRMLS_CA / Nicholas Henry / Beachside Partners

Last checked: Checking… • Last updated Jan 15, 2025 •

MLS# V1-27264 —

The Building

Year Built:

1960
Year Built Source:

Assessor
Building Area Total:

6358.00
Total Number Of Units:

8
# of Buildings:

1
Stories Total:

2
Common Walls:

No Common Walls
# of Separate Gas Meters:

9
# of Separate Water Meters:

1
# of Separate Electric Meters:

9

Interior

Fireplace:

No
Fireplace:

None
Laundry:

None

Location

Directions:

South E ST and 2nd
Latitude:

34.20121500
Longitude:

-119.18323200

The Property

Property Type:

Residential Income
Lot Features:

Sprinklers None
Lot Size Area:

6969.0000
Lot Size Acres:

0.1600
Lot Size SqFt:

6969.00
View:

None
Fencing:

None
Fence:

No
Land Lease:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

2020082110

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Appliances

Appliances:

Gas Oven, Gas Water Heater
Included:

Yes

The Community

Subdivision:

Henry T. Oxnard - 0320
Subdivision:

Henry T. Oxnard - 0320
Features:

Urban
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes

Parking

Parking:

No
Parking:

None
Parking Spaces:

8.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/15/25 Jan 15, 2025	Price Changed	CRMLS_CA	$2,095,000	-4.6%
12/26/24 Dec 26, 2024	Listed / Active	CRMLS_CA	$2,195,000	30.7% (9.0% / YR)
7/30/21 Jul 30, 2021		CRMLS_CA	$1,680,000	-0.9%

Multifamily For Sale

$2,095,000

Listing provided by broker:

Nicholas Henry

Beachside Partners

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This multifamily located in Henry T Oxnard Historic District, Oxnard, CA 93030 is currently for sale for $2,095,000. 220 S E Street is a – square foot multifamily with – beds and – baths that has been on Estately for 84 days. 220 S E Street is in the Henry T Oxnard Historic District neighborhood of Oxnard and has a WalkScore® of 89, making it very walkable. This multifamily is in the attendance area of Fremont Intermediate School, Curren Elementary School, and Pacifica High School.

Listing Courtesy of: CRMLS_CA and Beachside Partners. Based on information from California Regional Multiple Listing Service, Inc. as of 19:37 on Mar 20.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.