Keegan Cin | Realtor® | License # DRE 01971604

Property

Oxnard, CA 93033 5431 Perkins Road

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Presented By: Elizabeth Cuico with Berkshire Hathaway HomeServices California Properties;
  • MLS# V127569
  • 01/15/2025
  • Request Tour
  • Request Info
  • Beds • 17
  • Baths • 11
  • Garage • 2
  • Year Built • 1961

Home Details

Great investment opportunity to own this 9-unit apartment complex in a Prime Location! First time on the market in almost 30 years. Closely located to the Naval Base, easy PCH access and within walking distance of the fabulous Port Hueneme Beach. This well-maintained and cared-for building offers a desirable unit mix of two 2bed/2 bath, six 2bed/1 bath and one 1bed/1bath with carports or garages. Interior features have tile flooring throughout and kitchen has tile counter tops. The property includes an on-site coin laundry area with newer washer and dryer for extra income. There are separate electric and gas meters. Newer water heater for each building. The owner pays for water and trash and the tenant pays for their own gas and electricity. Wrought-iron gate entry for extra security. Units have been rented from long-term tenants with under-market rent. Apartment complex is to be purchased together with the adjacent 9-unit building located 5441 Perkins Road (APN#222-0-094-105). Subject to Seller's purchase of 1031 replacement property. Property to be sold 'As-Is'. Don't miss out!
Presented By: Elizabeth Cuico with Berkshire Hathaway HomeServices California Properties;

Interior Features for 5431 Perkins Road

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile
Heating Y/NYes
Laundry FeaturesCommonArea

General for 5431 Perkins Road

Additional Parcels Y/NNo
AppliancesGasOven, GasRange
Attached Garage No
Carport Spaces7.0
Carport Y/NYes
CityOxnard
Community FeaturesStreetLights, Sidewalks
CoolingNone
CountyVentura
DirectionsCross Street: Perkins Road and Hueneme Road
Electric On Property Y/NNo
Garage Spaces2.0
Garage Y/NYes
Gross Income203470.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense13311.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional
Lot Size Square Feet9792.0
Lot Size UnitsSquareFeet
MLS AreaVC33 - Oxnard - Southwest / Port Huenem
MobileHomeRemainsYNNo
Net Operating Income152613.0
New ConstructionNo
Operating Expense50857.0
Pool FeaturesNone
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameSouthwinds 5 - 1365
Trash Expense2768.0
ViewNone
Year Built1961
Year Built SourceOther

Exterior for 5431 Perkins Road

Crops Included Y/NNo
FencingWroughtIron
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard
Lot Size Acres0.2248
Lot Size Area9792.0
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters0
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesCarport, Driveway, Garage
Private PoolNo
SpaNo
Total Parking9.0
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Keegan Cin

Team Lead
Price $2,500,000
MLS#V127569
List Date 01/15/2025
Property Type Multi-Family
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