medical office condo for sale $265,000€¦ · 1 441-463 w 5th st, unit 461 - office condo sold...

Steve Mallasch818.540.4064CalBRE #[email protected]

www.cbcworldwide.com

©2017 Operated by a subsidiary of NRT LLC. The information provided is deemed reliable, but it is not guaranteed to be accurate or complete, and it should not be relied uponas such. This information should be independently verified before any person enters into a transaction based upon it.

COLDWELL BANKER COMMERCIALNRT

23586 CALABASAS ROAD | SUITE 105CALABASAS, CA 91302

818-540-4003

Property Description

Coldwell Banker Commercial NRT is proud to represent this 1,580 square footmedical condominium unit. This ground floor end unit has four exam roomswith sinks, two offices, large open area for associates, lab room, kitchen area,two in suite restrooms and a large reception room. The suite has a privateentrance for the doctor and staff. Oxnard Medical Arts Center is occupied by apharmacy, medical specialties and laboratories, Quest, elevators and publicrestrooms. The landscaping is beautiful and tranquil for your patient's. Amplyparking surround the building. Note: sale is subject to a multiparty 30 day firstright of refusal per the CCR's.

Property Highlights

• Turn Key

• Medical Building

• Fully Builtout

931 W 7TH STREET, OXNARD, CA 93030OXNARD MEDICAL ARTS CENTER (OMAC)

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FFIC

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FOR SALE$265,000

COLDWELL BANKER COMMERCIAL | 23586 CALABASAS ROAD, SUITE 105, CALABASAS, CA 91302 | 818.540.4003 | WWW.CBCWORLDWIDE.COM

Steve Mallasch818.540.4064CalBRE #[email protected]©2017 Operated by a subsidiary of NRT LLC. The information provided is deemed reliable, but it is not guaranteed to be accurate or complete, and it should not be relied upon as such. This information should be independently verified before any person enters into a transaction based upon it.

OFFERING SUMMARY

Sale Price: $265,000

Lot Size: 0.0 Acres

Year Built: 1983

Building Size: 1,580 SF

Zoning: PD

Market: Los Angeles

Submarket: Oxnard/Port Hueneme

Price / SF: $167.72

PROPERTY OVERVIEWColdwell Banker Commercial NRT is proud to represent this 1,580 square footmedical condominium unit. This ground floor end unit has four exam roomswith sinks, two offices, large open area for associates, lab room, kitchen area,two in suite restrooms and a large reception room. The suite has a privateentrance for the doctor and staff. Oxnard Medical Arts Center is occupied by apharmacy, medical specialties and laboratories, Quest, elevators and publicrestrooms. The landscaping is beautiful and tranquil for your patient's. Amplyparking surround the building. Note: sale is subject to a multiparty 30 day firstright of refusal per the CCR's.

PROPERTY HIGHLIGHTS• Turn Key

• Medical Building

• Fully Builtout

EXECUTIVE SUMMARY / /9 3 1 W 7 T H S T R E E T , O X N A R D , C A 9 3 0 3 0

OXNARD MEDICAL ARTS CENTER (OMAC)



ADDITIONAL PHOTOS / /9 3 1 W 7 T H S T R E E T , O X N A R D , C A 9 3 0 3 0




LOCATION MAPS / /9 3 1 W 7 T H S T R E E T , O X N A R D , C A 9 3 0 3 0


1 441-463 W 5th St, Unit 461 - Office Condo SOLD

Oxnard, CA 93030 Ventura County

Gold Coast Vision LlcRecorded Buyer: Recorded Seller: Bobrow/Rodriguez TrustTrue Buyer: Franz Michel Bobrow/Rodriguez TrustTrue Seller:

Sale Date:

– Research Status:

PrFrma Cap Rate:

Sale Price:$165.28$219,000 - Full Value03/17/2013 (209 days on mkt) Condo Type:

Zoning:

Year Built/Age:RBA:

-

Parcel No:Financing:

202-0-290-010$131,600 from Union Bank

Full Value

1,325 SF Office CondoBuilt 1982 Age: 311,325 SF

COPDLand Area: 0.46 AC (20,038 SF)

Price/SF:

2767051Comp ID:

2 901-999 W 7th St, Unit 913 - Oxnard Medical Arts Center SOLD


Marwah GurjitRecorded Buyer: Recorded Seller: Andrew J Huang913 W 7th StOxnard, CA 93030

Sale Date:


PrFrma Cap Rate:

Price/SF:

Sale Price:

$197.89

$300,000 - Confirmed10/08/2013 Condo Type:

Zoning:

Year Built/Age:

RBA:

-

Parcel No:

Financing:

202-0-280-125

Down payment of $0 (0.0%)

Confirmed

1,516 SF Office CondoBuilt 1985 Age: 28

1,516 SF

PD, County

-Recorded Buyer: Recorded Seller: Sally S Huang

Comp ID: 3668558

Map Page: Thomas Bros. Guide522-F6

Information deemed reliable but not guaranteed; to be verified by end user. These sales comps and statistics should not be solely relied upon when entering into a contract anddoes not relieve duty to perform any due diligence.

Copyrighted report licensed to Coldwell Banker Commercial NRT - 321321.

3/10/2018

Page 1

3 901-999 W 7th St, Unit 995 - Oxnard Medical Arts Center SOLD


Ioannis E. MagnisRecorded Buyer: Recorded Seller: Benjamin J Liu1613 N 7th StPort Hueneme, CA 93041

True Buyer: Ioannis E. Magnis

1245 El Portal WayOxnard, CA 93035Benjamin J LiuTrue Seller:

Sale Date:


PrFrma Cap Rate:

Sale Price:$184.55$215,000 - Full Value03/31/2015 (749 days on mkt) Condo Type:

Zoning:

Year Built/Age:RBA:

-

Parcel No:Financing:

202-0-280-195Down payment of $60,000 (27.9%); $155,000 from MUFG Union Bank

Full Value

1,165 SF Office CondoBuilt 1985 Age: 301,165 SF

PD, CountyLand Area: 3.50 AC (152,460 SF)

Price/SF:

3265610Comp ID:

Map Page: Thomas Bros. Guide522-F6



3/10/2018

Page 2

3Sale Price

RBA

Price per SF

Actual Cap Rate

Days on Market

Sale Price to Asking Price Ratio 94.64%

$215,000

1,165 SF

$165.28

-

209

$244,667

1,335 SF

$183.23

-

479

97.32%

$219,000

1,325 SF

$184.55

-

479

97.32%

$300,000

1,516 SF

$197.89

-

749

100.00%

3

3

-

2

2

Totals

Sold Transactions $734,000 Total Sales Transactions:Total Sales Volume: 3

Survey Criteria

basic criteria: Sale Status - Under Contract/Pending, Sold; - Include Only Condo Sales; Return and Searchon Portfolio Sales as Individual Properties - Yes

geography criteria: Geography - User Defined Polygon Search

Comps Statistics

CountHighMedianAverageLow

Quick Stats Report



3/10/2018

Page 3



POPULATION 0.5 MILES 1 MILE 1.5 MILES

Total population 9,674 32,160 65,199

Median age 29.6 30.0 30.4

Median age (male) 28.0 28.7 29.2

Median age (Female) 31.8 31.6 31.8

HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES

Total households 2,802 8,699 17,181

# of persons per HH 3.5 3.7 3.8

Average HH income $51,712 $59,184 $62,627

Average house value $415,761 $441,736 $448,540

* Demographic data derived from 2010 US Census

DEMOGRAPHICS MAP / /9 3 1 W 7 T H S T R E E T , O X N A R D , C A 9 3 0 3 0


medical office condo for sale $265,000€¦ · 1 441-463 w 5th st, unit 461 - office condo sold...

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