Active
5151 Neptune SQ
OXNARD CA, 93035
$6,500,000
$930.83 per sqft
Active
7 Beds
5 Baths
6,983 sqft
Multi-family
Built in 1960
Discover this prime beachside multifamily asset at 5151 Neptune Square on the pristinesand of Mandalay Beach. This premier asset offers an Investor/Owner the opportunity tooccupy a unit while having the property expenses covered. Investors are also encouraged toexplore the potential of venturing into the short-term rental market.The property comprises a single +/-6,983 SF building on +/-8,056 SF lot, with 7 total units including(4) 2BD/1BA, (2) 3BD/2BA and (1) 2BD/2BA units, each offering spacious living with modernamenities and captivating ocean views.The property's beachy facade & interiors echo the serene atmosphere of the surroundings,making this an attractive retreat for tenants and vacationers alike. Step outside to experiencethe charm of a spacious beachfront patio, perfect for summer barbecues and sunsetgatherings. Positioned perfectly in the Mandalay Beach neighborhood, the property boastsdirect beach access, ensuring that tenants enjoy the quintessential California lifestylewithout having to walk or drive to it.This asset not only promises immediate cash flow but also presents a rare chance tocapitalize on the thriving local tourism and rental markets.
V1-24175VC
MLSⓇ ID
June 17, 2024
Listed
September 13, 2024
Updated
Map
5151 Neptune SQ
OXNARD CA, 93035
Interior Features
Total Stories
2
Bedrooms
7
Total Bathrooms
5
Appliances
Barbeque, Room
Laundry Description
Room
Fireplace
No
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
No
Exterior/Building Features
Lot Size
0.18 Acres
Architectual Style
Modern
Sewer
Unknown
Other Property Details
Area Name
Oxnard - Port Hueneme Beaches
Garage
Yes
Garage Spaces
7
Parking Total
7
View
Yes
View Description
Coastline
County
Ventura
Water Source
Public
Pool
No
Pool Features
None
Open House Schedule
Wed, Sep 25th
11:00 AM - 1:00 PM PDT
Listed by Steven Golis with Radius Group Commercial RE
Listing Contact: (805) 965-5500
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Denise Gieser | CA DRE# 01935739 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 9/13/2024