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633 Meta Street, Oxnard, CA 93030
$2,295,000
633 Meta Street, Oxnard, CA 93030View this property at 633 Meta Street, Oxnard, CA 93030
633 Meta StreetOxnardCA93030
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Property 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. 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.
Full Property Details
Full Property Details for 633 Meta St
General
- Price: $2,295,000
- Status: Active
- Type: Commercial
- MLS ID: V1-23401
- Updated: 5/7/2024
- Days on Market: 16 days
- Added to Site: 85 day(s) ago
Business
- Business Type: Deli/Catering
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Individual Room
Location
- County: Ventura
- Driving Directions: 2 blocks south of 5 points
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric
Structural Information
- # Buildings: 2
- Structure Type: Mixed Use
- Building Size: 4097
- Square Feet: 4,097
- Current Bldg. Use: Commercial, Multi-Family
- Year Built: 1952
- Year Built Source: Assessor
Lot Features
- Lot Features: Sprinklers None
- Lot Description: No Sprinklers
- Fencing (Description): None
Financial Considerations
- Price Per Sq. Ft.: $560
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Property ID: 2010272220
Listed by Beachside Partners, JasonLiehr and NicholasHenry
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Schools
Schools serving 633 Meta St
School Districts:Oxnard School District, Oxnard Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
301 N Marquita St, Oxnard, CA 93030 | PK-8 | 0.9 mi | |
701 N Juanita Ave, Oxnard, CA 93030 | 6-8 | 1.1 mi | |
600 E Gonzales Rd, Oxnard, CA 93036 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 633 Meta St
Date
Details
Price
Change
Source
2/28/2024
Listed
$2,295,000
141.58%
MLS
8/28/2018
Sold
$950,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 633 Meta St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,718
3%
$1,018,590
2%
2022
$13,320
1%
$998,618
2%
2021
$13,225
-2%
$979,038
1%
2020
$13,447
3%
$969,000
2%
2019
$13,105
-6%
$950,000
-7%
2018
$13,931
5%
$1,020,873
2%
2017
$13,281
3%
$1,000,857
2%
2016
$12,858
-1%
$981,234
2%
2015
$12,982
1%
$966,497
2%
2014
$12,853
—
$947,567
—
2013
$12,890
—
$943,287
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 633 Meta St
633 Meta Street, Oxnard, CA 93030 (MLS# V1-23401) is a Commercial property. 633 Meta Street is currently listed for $2,295,000 and was received on February 28, 2024. Want to learn more about 633 Meta Street? Do you have questions about finding other Commercial real estate for sale in Oxnard? You can browse all Oxnard real estate or contact a Coldwell Banker agent to request more information.