$400,000
$400,000
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3 Beds
2 Baths
1,162 SqFt
SOLD DATE : 09/27/2022
Key Details
Sold Price $400,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,162 sqft
Price per Sqft $344
MLS Listing ID V1-13688
Sold Date 09/27/22
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1945
Lot Size 4,835 Sqft
Property Description
This property is being sold in conjunction with the adjacent 4-plex located at 128 E. 'B' Street, which has also been owned by the seller for that same period. This house was built in 1945, and comprises approximately 1,162 square feet, and is situated on an .11-acre (4,387 sq. ft.) parcel. The current rent of $1,150/month reflects the very average condition of the house, and it is expected that the ultimate purchaser would update/upgrade both properties to be able to increase market rents projected to be over $2,500/month for the house. Please note, as a single-family structure, this property is exempt from the Rent Cap and Just Cause Eviction requirements inherent in AB 1482; therefore, once the renovation work is completed this property could be rented at market rent or sold for a profit without paying the existing tenant relocation assistance fees so that work could commence in a vacant state.
Location
State CA
County Ventura
Area Vc33 - Oxnard - Southwest / Port Huenem
Interior
Interior Features Bedroom on Main Level
Heating None
Cooling None
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Attached Carport
Carport Spaces 2
Fence Block, Wood
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Porch None
Parking Type Attached Carport
Total Parking Spaces 2
Private Pool No
Building
Lot Description Sprinklers None
Story One
Entry Level One
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories One
Others
Senior Community No
Tax ID 2060051020
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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