516 N A St, Oxnard, CA 93030

Property Description

OWC for 5 yrs at 5% Wonderful opportunity to invest in these two free standing buildings on a 7000 sq ft lot. Located in the northern part of Oxnard, the most populous city in Ventura County. The buildings have visibility to Oxnard Blvd which is one of the primary artery routes across town, The location on A Street has proximity to residential neighborhoods, downtown shopping, movie theaters, public library, restaurants and more. The structures are configured with a two-story block building having 2 office suites downstairs and 4 office spaces upstairs. The one-story building has 3 units made up of two shops and an office suite. All units in both buildings are on leases with plenty of long-term upside potential. Buildings have been tuned-up for lower cost maintenance. Newer roofing and HVAC systems along with sewer laterals, and other pipes to ABS. Plus many other improvements. All the big-ticket items have been done so the buildings can be lower maintenance. This corner lot property at A St and Deodar Ave is looking for a seasoned investor or a mom-and-pop Owner who may want to self-manage and collect timely rents from happy tenants.