633 Meta Street

Oxnard, CA 93030

$2,295,000
Price
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Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.

Description

6.2% CAP rate on current rents! A 1,305 SF commercial/restaurant building and fully renovated two-story 14-unit apartment building set on 10,000 SF lot near 5 points in Oxnard. The commercial building historically operated as a restaurant and is equipped with dining area, kitchen, food prep area, storage room and two restrooms along with floor drains. The current tenant operates as a prep kitchen that prepares meals for the agriculture contractors that provide immigrant field workers with daily meals....6.2% CAP rate on current rents! A 1,305 SF commercial/restaurant building and fully renovated two-story 14-unit apartment building set on 10,000 SF lot near 5 points in Oxnard. The commercial building historically operated as a restaurant and is equipped with dining area, kitchen, food prep area, storage room and two restrooms along with floor drains. The current tenant operates as a prep kitchen that prepares meals for the agriculture contractors that provide immigrant field workers with daily meals. The two-story apartment building was converted from a motel and contains 14 studio units (one bathroom and one room) along with a common laundry room with two sets of washer/ dryers. 18 uncovered parking spaces in rear. Front and rear electronic gates provide privacy and security to its residents. The apartment building has been completely updated over the past 5 years including new roof, fresh paint and fascia replacement, fumigation for pest treatment, new windows and doors, new main electrical panel and exterior LED lighting, new driveway and striping, new water heaters and various plumbing upgrades along with full remodel of interiors including new baths, flooring, lighting, electric heating units and kitchen counter and sink.

Amenities

  • Driveway
  • Washer / Dryer in Unit
  • Dryer
  • Washer
  • Laundry in Building
  • Common Laundry
  • Laundry

Location

Listing Courtesy of Beachside Partners, Jason Liehr, DRE #02152826; Beachside Partners, Nicholas Henry, DRE #01748131
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LISTING UPDATED: 05/07/2024 03:31 PM

Property Details for 633 Meta Street

StatusActive
MLS #V1-23401
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1952
Lot Size0.23 AC / 10,000 SF
CountyVentura County

Location

Listing Courtesy of Beachside Partners, Jason Liehr, DRE #02152826; Beachside Partners, Nicholas Henry, DRE #01748131
Add your commute

Building Information for 633 Meta Street

Stories-Residences-Year Built1952Lot Size0.23 AC / 10,000 SF

Payment Calculator

$13,668 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,525

Property Taxes

$1,143

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 633 Meta Street

Summary
Location and General Information
  • Building Area Units: Square Feet
  • City: Oxnard
  • Directions: 2 blocks south of 5 points
  • Area: VC31 - Oxnard - NW
  • Unparsed Address: 633 Meta Street, Oxnard, CA 93030
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Other Annual Assessment Amount: $.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Features: Sprinklers None
  • Lot Size Acres: .23
  • Lot Size Square Feet: 10,000.00
  • Lot Size Area: 10,000.00
  • Lot Size Units: Square Feet
  • Parcel Number: 2010272220
  • Property Type: Commercial Sale
  • Property Sub Type: Mixed Use
Property and Assessments
  • Current Use: Multi-Family, Commercial
  • Documents Count: 0
  • Year Built Source: Assessor
Utilities
  • Cooling: None
  • Cooling: No
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Structure Type: Mixed Use
Interior Features
  • Total Bathrooms: 0
  • Heating: Electric
  • Heating: Yes
  • Laundry Features: Individual Room
  • Living Area Units: Square Feet
Multi Family
Multi-Family Information
  • Business Type: Deli/Catering
  • Special Listing Conditions: Real Estate Owned
Rental
Rental Information
  • Lease Considered YN: No

Property History for 633 Meta Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 633 Meta Street

Taxable ValueLand$268,050Additions$750,540Total$1,018,590
Tax Record2023$13,718 ($1,143 / month)
Home Facts
Lot Size10,000 SqFtStyleHotel / MotelZoningCBDCountyVENTURAAPN201-0-272-220

Schools near 633 Meta Street

This home is within Oxnard Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Cesar E. Chavez Elementary School
PublicK to 8

Pacifica High School
Public9 to 12

Condor High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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633 Meta Street is a mixed use property for sale in Oxnard, CA 93030. This property was listed for sale on May 7, 2024 by Beachside Partners, it's currently listed at $2,295,000. It has been on the market for a total of 14 days and was last sold on August 28, 2018. This listing's school districts are Oxnard Union High School District, Oxnard School District. Nearby schools include Cesar E. Chavez Elementary School, R.J. Frank Academy of Marine Science & Engineering and Pacifica High School. 633 Meta Street is a 0-bed, 0-bath, mixed use property built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beachside Partners, Jason Liehr, DRE #02152826; Beachside Partners, Nicholas Henry, DRE #01748131

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.