135 Magnolia Ave
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135 Magnolia Ave
5,625 SF 100% Leased Office Building Oxnard, CA 93030 $1,295,000 ($230/SF) 5.37% Cap Rate
Investment Highlights
- Newer roof
- Secured/fenced parking lot
- Newer HVAC
Executive Summary
A fully-leased asset located in the heart of Downtown Oxnard. The property has been highly improved over the last few years including a new roof, new HVAC, resurfaced parking lot, new electrical breakers, new landscaping, new back doors, and new electric car charging station. The building is a short walk to the City Hall, the Oxnard Transportation Center, the post office and numerous other restaurants, stores, services and amenities.
Tenant:
Mixteco/Indigena Community Organizing Project (MICOP) - https://mixteco.org/
Highlights:
Newer roof
Newer HVAC units
Newly upgraded electrical breaker box
Newly installed electric car charging station
Secured/fenced parking lot
Fifteen private offices with lunch area, conference room, and large reception area
Tenant:
Mixteco/Indigena Community Organizing Project (MICOP) - https://mixteco.org/
Highlights:
Newer roof
Newer HVAC units
Newly upgraded electrical breaker box
Newly installed electric car charging station
Secured/fenced parking lot
Fifteen private offices with lunch area, conference room, and large reception area
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,625 SF
Building Class
C
Year Built
1958
Price
$1,295,000
Price Per SF
$230
Cap Rate
5.37%
NOI
$69,525
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,625 SF
Building FAR
0.34
Lot Size
0.38 AC
Zoning
DT-G - Downtown General
Parking
12 Spaces (2.13 Spaces per 1,000 SF Leased)
1 of 1
Walk Score ®
Very Walkable (87)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $620,000 | |
| Land Assessment | $458,860 | Total Assessment | $1,078,860 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$458,860
Improvements Assessment
$620,000
Total Assessment
$1,078,860
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135 Magnolia Ave
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