24-unit well maintained Oxnard apartment building with ideal unit mix in central location off Oxnard BLVD and W Gonzales RD across from Lowes. 11.4 GRM, 5.7% CAP rate on current rents. Significant recent capital expenditures invested into building including new roof, fresh exterior paint and downstairs units replumbed. 560 W Gonzales RD features (6) 2BD/2BA, (6) 2BD/1BA and (12) 1BD/1BA apartments set on a 30,492 SF lot. 32 garage spaces offer ADU conversion potential. Courtyard style 2-story building with laundry room and separately metered for gas and electric. Several units in rear have large decks. Solid long term investment opportunity for a well-located building with spacious units that will always be in high demand from tenants.
22,267 Sq Ft
0.7 Private Acres Lot Size
Investment
Built in 1960
MLS/Listing ID 25-1952
24 Units

Source of Data: SANTA BARBARA MULTIPLE LISTING SERVICE
TOTAL MONTHLY COST
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