SOLD
Mauricio Hernandez & Monica K. Hernandez Acquire Oxnard Multifamily Property For $1.25M
3305 South A Street
MultiFamily
4,152 SF
4,152 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
4,152 sqft
A multifamily property located at 3305 South A St. in Oxnard, California has been sold for a record-breaking price of $1,250,000. The property consists of four units with a total square footage of 4,152. This translates to a price per square foot of $301. The sale price per unit is $313,000. The sale generated a lot of interest, with a total of 10 offers received. The property sold for $55,000 above the listed price, indicating strong demand in the market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Address: 3305 South A St.
- Market: Oxnard
The buyer of the property is Mauricio Hernandez and Monica K. Hernandez, while the seller is Hong V. Mach and Mai Mach. The transaction was facilitated by brokers Filip Niculete and Glen Scher of Marcus & Millichap LAAA Team. The sale represents an all-time record for a four-unit property in Oxnard. The property has a capitalization rate (CAP) of 3.82% and a gross rent multiplier (GRM) of 15.65x.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Glen Scher & Filip Niculete
DATE: 12/16/2021
ADDRESS: 3305 South A St.
MARKET: Oxnard
ASSET TYPE: Multifamily
BUYER: Mauricio Hernandez & Monica K. Hernandez
SELLER: Hong V. Mach & Mai Mach
BROKERS: Filip Niculete (@FNiculete) & Glen Scher (@ScherGlen) - Marcus & Millichap LAAA Team (@LAAATeam)
SALE PRICE: $1,250,000
UNITS: 4 ~ PPU: $313,000
SF: 4,152 ~ PPSF: $301
GRM: 15.65x
CAP: 3.82%
NOTE: Sold $55k Above List | Generated 10 Offers
All-Time Record Sale for a 4-Unit in Oxnard
Sold at $1,250,000
$301 per SqFt | $313k per Unit
3.82% CAP | 15.65 GRMView on map
Loading...
Address3305 South A Street
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want