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Vista Colina 560 W Gonzales Rd 24 Unit Apartment Building $8,794,296 CAD ($366,429 CAD/Unit) 5.69% Cap Rate Oxnard, CA 93036

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INVESTMENT HIGHLIGHTS

  • Ideal unit mix w/ spacious units
  • New Roof, exterior painted, downstairs units replumbed
  • 5.7% CAP on current rents
  • 32 Garage Spaces
  • Central location near Lowes, the Collection, Esplanade Shopping Center

EXECUTIVE SUMMARY

24-unit well maintained Oxnard apartment building with ideal unit mix in central location off Oxnard BLVD and W Gonzales RD across from Lowes. 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. The 32 garage spaces offer an excellent potential value add play for ADU conversion. 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.

PROPERTY FACTS

Price $8,794,296 CAD
Price Per Unit $366,429 CAD
Sale Type Investment
Cap Rate 5.69%
Gross Rent Multiplier 11.4
No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.69 AC
Building Size 22,267 SF
Average Occupancy 100%
No. Stories 2
Year Built 1960
Zoning R3PD

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Tub/Shower

SITE AMENITIES

  • Courtyard

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 12 $15,095 CAD 1
2+1 6 $9,795 CAD 1
2+2 6 $10,784 CAD 1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
200-0-073-525
Land Assessment
$507,316 CAD
Improvements Assessment
$2,017,039 CAD
Total Assessment
$2,524,355 CAD
  • Listing ID: 35862914

  • Date on Market: 2025-05-14

  • Last Updated:

  • Address: 560 W Gonzales Rd, Oxnard, CA 93036

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