Oxnard - Beach Property For Sale #6904643

Great 4-unit investment property in a strong Oxnard rental location! 1220 Hull Place offers 4 units with excellent unit mix and strong in-place income of $89,916 per year (approx. 15 GRM based on $1,350,000 purchase price). The front unit #1 is a desirable single-story 3 bed/2 bath with fireplace and enclosed patio. Units # 2 and #3 are spacious 2 bed/1.5 bath townhome-style units, each with enclosed patios. Unit #4 is a 2 bed/1 bath with a large deck for outdoor enjoyment. All units have enclosed garages and individual washer/dryer hookups in the garages--highly attractive to tenants. Long-term tenants and historically low vacancy in this area provide stable cash flow, with upside in repositioning and future rent increases. Separately metered for electricity and gas.This property is located in an established Oxnard neighborhood close to services, schools, and transportation. A rare opportunity to acquire a well-laid-out 4-plex with strong fundamentals, solid income, and built-in value-add potential.