309-327 Hill St

Oxnard, CA 93033

$1,625,000
Last Sold Price
19
Beds
9,920 Sq. Ft.
$164 / Sq. Ft.
9,920
Sq. Ft.
$164
per Sq. Ft.
Sold 12/7/16
Sold 12/7/16

Description

16 unit apartment/commercial property on large approx. 36,874 sf lot in central Oxnard. Zoned R3 & C1. Corner location. Most rents under market. Property consists of 13 apartment units-(6)studios; (4) 1-bedroom units; & (3) 2-bedroom units. Other units include (1) 4+2 single family house; (1) unit occupied by church; & (1) food market building. Some units separately metered for electric & gas. Property includes addresses 309, 319, 325, 327 Hill Street & 1284 S. C Street. Good cash flow! Good location!16 unit apartment/commercial property on large approx. 36,874 sf lot in central Oxnard. Zoned R3 & C1. Corner location. Most rents under market. Property consists of 13 apartment units-(6)studios; (4) 1-bedroom units; & (3) 2-bedroom units. Other units include (1) 4+2 single family house; (1) unit occupied by church; & (1) food market building. Some units separately metered for electric & gas. Property includes addresses 309, 319, 325, 327 Hill Street & 1284 S. C Street. Good cash flow! Good location!
  1. Listed by Douglas Kubiske • DRE #01005725 • RE/MAX Gold Coast REALTORS

Property Details for 309-327 Hill Street

Zoning
C1 & R3
Cross Streets
HILL AND C STREETS
Parcel Number
2030080280
Total Units
16.0
Living Area
9920
Source Living Area
Appraiser
Area
Oxnard - SW / PH (VC33)
Lot Size Area
36874
LISTING UPDATED: 12/11/2019 08:02 AM

Property Details for 309-327 Hill Street

StatusSold
MLS #216014181VC
Days on Market61
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1936
Lot Size0.85 AC / 36,874 SF
CountyVentura County

Location

Listing Courtesy of RE/MAX Gold Coast REALTORS, Douglas Kubiske, DRE #01005725

Sold By RE/MAX Gold Coast REALTORS, Douglas Kubiske, DRE #01005725

Add your commute

Building Information for 309-327 Hill Street

Stories-Residences-Year Built1936Building Size-Lot Size0.85 AC / 36,874 SF

Payment Calculator

$7,920 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,920

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 309-327 Hill Street

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 16
  • Professional Management: 6383.0
  • Community Features: Sidewalks, Street Lights, Curbs, Gutters
  • Senior Community: No
Structure Info
Structure Info
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • View: No
  • Property Condition: Fixer
  • Water: Public
  • Sewer: Sewer
  • Water Heaters: Yes
Contract Info
Contract Info
  • ForSale: 1.0
  • Financing: Cash, Cash To New Loan
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $87,139.00
  • Gross Rent Multiplier: $10.64
  • Actual Annual Gross Rent: $164,520.00
  • Actual Gross Annual Income: $164,520
  • Monthly GrossI Income: $13,710.00
  • Actual Rent Total: $164,520.00
  • Financial Info as Of: 12/31/15
  • Vacancy Allow Dollar: $4,936.00
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Electricity, Gas, Other, Water
  • Pool Expense: $.00
  • Water Expense: $18,351.00
  • Gas Expense: $2,599
  • Electric Expense: $6,913.00
  • Trash Expense: $1,000.00
  • Other Expense: $1,500.00
  • Tax Expense: $21,000
  • Gardener Expense: $780
  • Expense Licenses: $442.00
  • Insurance Expense: $6,000
  • Expense Operating: $72,445.00
  • Management Expense: $6,383.00
  • Expense Supplies: $2,027.00
Land / Lot Info
Land / Lot Info
  • Land Lease: No
  • Land Lease Amount Per Year: $.00
  • Lot Acreage: 0.85
  • Lot Size Square Feet: 36874
  • Lot Features: Corner Lot, Paved, Irregular Lot
  • Lot Description: Lot Shape-Irregular, Curbs, Street Lighting, Street Paved, Sidewalks, Street Public (N), Gutters
  • Lot Location: Corner Lot
  • Telephone: 1.0
  • Assessments: None
Parking Details
Parking Details
  • Parking Garage: Garage, Parking Space
  • Total Parking: 4
  • Garage Spaces Total: 4
  • Parking Features: Garage, Parking Space
Interior Features
Interior Features
  • Levels: One, Two
  • Fireplace Features: Living Room, See Remarks
  • Fireplace Rooms: Living Room, Other
  • Flooring: Carpet, Linoleum
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Spa: No
  • Roof: Composition, Rolled/Hot Mop, Shingle
  • Construction Materials: Stucco, Block, Wood Siding
  • Exterior Construction: Block, Stucco, Wood Siding
  • Other Structures: Accessory Bldgs
Lease Terms
Lease Terms
  • Entry Date: 10-06-2016
  • Listing Terms: Cash, Cash To New Loan
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Baths: 1
  • Unit Rent: $3,910.00
  • Unit Actual Rent: $651.00
  • Like Units: 6
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Rent: $3,205.00
  • Unit Actual Rent: $801.00
  • Like Units: 4
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $3,085.00
  • Unit Actual Rent: $1,028.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,500.00
  • Like Units: 1
Unit 5 Information
  • Unit Rent: $2,010.00
  • Unit Actual Rent: $1,005.00
  • Like Units: 2
Unit 12 Information
  • Unit Projected Rent: $.00
Unit Details
  • Number of Electric Meters: 13
  • Number of Gas Meters: 4
  • Number Leased: 16
  • Number Water Meters: 1
Tax and Assessed Info
Tax and Assessed Info
  • Tax New: $21,000
  • Tax Rate: .00%

Property History for 309-327 Hill Street

DateEvent & SourcePriceAppreciation
Dec 7, 2016

Sold

CLAW #216014181VC

$1,625,000—
Dec 7, 2016

Sold

CRMLS #216014181

$1,625,000—
Dec 7, 2016

Pending

CLAW #216014181VC

—
Dec 7, 2016

Pending

CRMLS #216014181

—
Oct 6, 2016

Listed (Active)

CLAW #216014181VC

$1,750,000—
Oct 5, 2016

Listed (Active)

CRMLS #216014181

$1,750,000—
DateEvent & SourcePrice
12/07/2016

Sold

CLAW #216014181VC

$1,625,000
12/07/2016

Sold

CRMLS #216014181

$1,625,000
12/07/2016

Pending

CLAW #216014181VC

—
12/07/2016

Pending

CRMLS #216014181

—
10/06/2016

Listed (Active)

CLAW #216014181VC

$1,750,000
10/05/2016

Listed (Active)

CRMLS #216014181

$1,750,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 309-327 Hill Street

This home is within Oxnard Union High School District.
Rating
School
Type
Grades
Distance
Elm Street Elementary School
Public - K to 5
R.J. Frank Academy of Marine Science & Engineering
Public - 6 to 8
Hueneme High School
Public - 9 to 12
Rancho Campana High
Public - 9 to 12
Rating
School
Distance
Elm Street Elementary School
PublicK to 5

R.J. Frank Academy of Marine Science & Engineering
Public6 to 8

Hueneme High School
Public9 to 12

Rancho Campana High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Gold Coast REALTORS, Douglas Kubiske, DRE #01005725

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.