Open House: Wed, Sep 25th 11:00 AM - 1:00 PM PDT

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

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