438 W WOOLEY RD W Oxnard, CA 93030

First time on market in over 40 years! Well maintained 4-unit apartment complex located in North Oxnard. Long term tenants in place, all month-month, with well below market rents (no rents increased since at least 2008). Property consists of (4) 2 bed, 1 bath units totaling 3,072 square feet with enclosed garages and onsite laundry room. Separate electric and gas meters and individual water heaters. New exterior stucco and paint, plus new windows, and updated interiors completed in 2008. Convenient location for tenants with shopping, downtown and beaches within close proximity. Based on market rents of $1200/unit, + $50/month laundry income, property available to purchase for 12.37 x market rents.