Residential Income Property with
For Sale
$399,000
1431 Casa San Carlos Lane B, Oxnard, CA 93033
The residence includes a remodeled kitchen, gas heating, and a one-car garage with assigned parking.
Property Size989 SF
Price / SF$403.44
Days on Market239
Property Features for 1431 Casa San Carlos Lane B
General Information
Standard status
Active
Size
989 SF
Property subtype
Quadruplex
Site & Location
Neighborhood
Bartolo Square South
Building Details
Building Size
989 SF
Year Built
1971
Listing Agency:
RE/MAX Gold Coast REALTORS
(805) 444-3175
Listed By:
Arthur Chavez · License #01439020
(805) 477-3609
Source:
Altera
Added: Mar 4
Changed: Oct 26
Last Checked: Oct 26 at 4:07PM
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.
Located at 1431 Casa San Carlos Lane B in Oxnard, this 989-square-foot residential income property was built in 1971. The kitchen has updated cabinets, granite countertops, and tile flooring. A new forced-air gas heater serves the residence, and the complex has a replacement roof.
The property includes a one-car garage and assigned parking. Exterior work underway through the HOA includes painting and paving.
The property includes a one-car garage and assigned parking. Exterior work underway through the HOA includes painting and paving.
Key Highlights
- 989 square feet
- Built in 1971
- Remodeled kitchen with replacement cabinets, granite countertops, and tile flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,863
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,260
$317.3K
Cap Rate 7%
$226,614
$226.6K
Cap Rate 9%
$176,256
$176.3K
Market Conditions
NOI Build-Up for 989 SF
Gross rent
$30.3K $30.60/SF
− Vacancy
−$1.4K −$1.44/SF
EGI
$28.8K $29.16/SF
− OpEx
−$13.0K −$13.12/SF
NOI
$15.9K $16.04/SF
Area
Oxnard, CA
Vacancy
4.70%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,260
Cap Rate 7%
$226,614
Cap Rate 9%
$176,256
Alternative Uses
Best Use
Apartment 5plus
$226.6K
$198.3K – $264.4K
NOI $15,863 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$322.8K
$282.4K – $376.6K
NOI $22,594 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
354
Businesses Nearby
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Business Placement
Demographics for 93033, CA
79,539
Population
17,523
Households
4.5
Avg Household Size
32
Median Age
11%
College-Educated
57%
High-School Grad
32.2 sq mi
ZIP Area
2,470
Density / Sq Mi
$85,848
Median Household Income
$32,675
Median Earnings
$1,810
Median Rent
$549,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The residence includes a remodeled kitchen, gas heating, and a one-car garage with assigned parking.
Where is this residential income property located?
The property is located at 1431 Casa San Carlos Lane B Oxnard, CA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 989 square feet; Built in 1971; Remodeled kitchen with replacement cabinets, granite countertops, and tile flooring
