Quadplex with Private
1401 W 7th St, Oxnard, CA 93030
For Sale
New
$1,325,000
Four residences offer varied floor plans, individual laundry areas, and private outdoor spaces.
Property Size3,869 SF
Days on Market2
Property Features for 1401 W 7th St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Financials
Gross Income
Gross Rent Multiplier
Site & Location
Neighborhood
Public Transit
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
private patios and decks
ceiling fans
in-unit laundry
fireplace
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
RE/MAX Gold Coast REALTORS
Listed By:
Doug Kubiske · License CA #01005725
(805) 443-8957
Source:
Elliman
Added: Nov 12
Last Checked: Nov 12 at 2:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Gold Coast REALTORS
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Investment Insights
Based on property information with market context.
Built in 1980, this four-unit property in Oxnard includes a mix of single- and two-story layouts. The unit mix consists of one 3-bedroom/2-bath residence, two 2-bedroom/1.5-bath residences, and one 2-bedroom/1-bath residence. Each home has its own laundry area, and sliding doors open to a private patio or deck. Four private garages are positioned along the rear alley. Interior details include ceiling fans, tile and wood-look flooring, and carpeted bedrooms; one residence also has a fireplace. Kitchens and bathrooms retain their original finishes.
The property is at 1401 W 7th St. Landscaped grounds include lawns, mature shade trees, and walkways connecting to the unit entries. The reported GRM is 13.8.
The property is at 1401 W 7th St. Landscaped grounds include lawns, mature shade trees, and walkways connecting to the unit entries. The reported GRM is 13.8.
Key Highlights
- Four‑unit property with one 3‑bedroom/2‑bath home, two 2‑bedroom/1.5‑bath homes, and one 2‑bedroom/1‑bath home
- Four private garages accessed from the rear alley
- Each residence has its own laundry area and a private patio or deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,322
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,386,440
$1.4M
Cap Rate 7%
$990,314
$990.3K
Cap Rate 9%
$770,244
$770.2K
Market Conditions
NOI Build-Up for 3,869 SF
Gross rent
$104.5K $27.00/SF
− Vacancy
−$5.4K −$1.40/SF
EGI
$99.0K $25.60/SF
− OpEx
−$29.7K −$7.68/SF
NOI
$69.3K $17.92/SF
Area
Oxnard, CA
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,386,440
Cap Rate 7%
$990,314
Cap Rate 9%
$770,244
Alternative Uses
Best Use
Multifamily LT 5
$990.3K
$866.5K – $1.16M
NOI $69,322 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$886.5K
$775.7K – $1.03M
NOI $62,055 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,390 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
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Business Placement
Demographics for 93030, CA
59,011
Population
15,966
Households
3.7
Avg Household Size
33
Median Age
19%
College-Educated
70%
High-School Grad
14.1 sq mi
ZIP Area
4,185
Density / Sq Mi
$90,067
Median Household Income
$36,217
Median Earnings
$1,853
Median Rent
$639,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residences offer varied floor plans, individual laundry areas, and private outdoor spaces.
Where is this quadplex located?
The property is located at 1401 W 7th St Oxnard, CA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Four‑unit property with one 3‑bedroom/2‑bath home, two 2‑bedroom/1.5‑bath homes, and one 2‑bedroom/1‑bath home; Four private garages accessed from the rear alley; Each residence has its own laundry area and a private patio or deck
