MEDICAL OFFICE CONDO FOR SALE $265,000 / / Property Description Coldwell Banker Commercial NRT is proud to represent this 1,580 square foot medical condominium unit. This ground floor end unit has four exam rooms with 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 private entrance for the doctor and staff. Oxnard Medical Arts Center is occupied by a pharmacy, medical specialties and laboratories, Quest, elevators and public restrooms. The landscaping is beautiful and tranquil for your patient's. Amply parking surround the building. Note: sale is subject to a multiparty 30 day first right of refusal per the CCR's. Property Highlights Turn Key Medical Building Fully Builtout 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 upon as such. This information should be independently verified before any person enters into a transaction based upon it. COLDWELL BANKER COMMERCIAL NRT 23586 CALABASAS ROAD SUITE 105 CALABASAS, CA 91302 8185404003
EXECUTIVE SUMMARY/ / OFFERING SUMMARY Sale Price: $265,000 Lot Size: 0.0 Acres Year Built: 1983 Building Size: 1,580 SF Zoning: PD Market: Los Angeles PROPERTY OVERVIEW Coldwell Banker Commercial NRT is proud to represent this 1,580 square foot medical condominium unit. This ground floor end unit has four exam rooms with 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 private entrance for the doctor and staff. Oxnard Medical Arts Center is occupied by a pharmacy, medical specialties and laboratories, Quest, elevators and public restrooms. The landscaping is beautiful and tranquil for your patient's. Amply parking surround the building. Note: sale is subject to a multiparty 30 day first right of refusal per the CCR's. PROPERTY HIGHLIGHTS Turn Key Medical Building Fully Builtout Submarket: Oxnard/Port Hueneme Price / SF: $167.72
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1 441463 W 5th St, Unit 461 Office Condo SOLD Oxnard, CA 93030 Ventura County Recorded Buyer: Gold Coast Vision Llc Recorded Seller: Bobrow/Rodriguez Trust True Buyer: Franz Michel True Seller: Bobrow/Rodriguez Trust Sale Date: Sale Price: Price/SF: PrFrma Cap Rate: 03/17/2013 (209 days on mkt) Condo Type: $219,000 Full Value Year Built/Age: $165.28 RBA: Land Area: Zoning: 1,325 SF Office Condo Built 1982 Age: 31 1,325 SF 0.46 AC (20,038 SF) COPD Parcel No: Financing: Comp ID: 2020290010 $131,600 from Union Bank 2767051 Research Status: Full Value 2 901999 W 7th St, Unit 913 Oxnard Medical Arts Center SOLD Oxnard, CA 93030 Ventura County Recorded Buyer: Marwah Gurjit Recorded Seller: Andrew J Huang 913 W 7th St Oxnard, CA 93030 Recorded Buyer: Recorded Seller: Sally S Huang Map Page: Thomas Bros. Guide 522F6 Sale Date: Sale Price: Price/SF: 10/08/2013 Condo Type: $300,000 Confirmed Year Built/Age: $197.89 RBA: 1,516 SF Office Condo Built 1985 Age: 28 1,516 SF PrFrma Cap Rate: Zoning: PD, County Parcel No: 2020280125 Financing: Down payment of $0 (0.0%) Comp ID: 3668558 Research Status: Confirmed 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 and3/10/2018 does not relieve duty to perform any due diligence. Copyrighted report licensed to Coldwell Banker Commercial NRT 321321. Page 1
3 901999 W 7th St, Unit 995 Oxnard Medical Arts Center SOLD Oxnard, CA 93030 Ventura County Recorded Buyer: Ioannis E. Magnis Recorded Seller: Benjamin J Liu 1613 N 7th St Port Hueneme, CA 93041 1245 El Portal Way Oxnard, CA 93035 True Buyer: Ioannis E. Magnis True Seller: Benjamin J Liu Sale Date: Sale Price: Price/SF: PrFrma Cap Rate: 03/31/2015 (749 days on mkt) Condo Type: $215,000 Full Value Year Built/Age: $184.55 RBA: Land Area: Zoning: 1,165 SF Office Condo Built 1985 Age: 30 1,165 SF 3.50 AC (152,460 SF) PD, County Map Page: Thomas Bros. Guide 522F6 Parcel No: Financing: Comp ID: 2020280195 Down payment of $60,000 (27.9%); $155,000 from MUFG Union Bank 3265610 Research Status: Full Value 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 and3/10/2018 does not relieve duty to perform any due diligence. Copyrighted report licensed to Coldwell Banker Commercial NRT 321321. Page 2
Quick Stats Report Comps Statistics Low Average Median High Count Sale Price $215,000 RBA 1,165 SF Price per SF $165.28 Actual Cap Rate Days on Market 209 Sale Price to Asking Price Ratio 94.64% Totals $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 3 2 2 Sold Transactions Total Sales Volume: $734,000 Total Sales Transactions: 3 Survey Criteria basic criteria: Sale Status Under Contract/Pending, Sold; Include Only Condo Sales; Return and Search on Portfolio Sales as Individual Properties Yes geography criteria: Geography User Defined Polygon Search 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 and3/10/2018 does not relieve duty to perform any due diligence. Copyrighted report licensed to Coldwell Banker Commercial NRT 321321. Page 3
DEMOGRAPHICS MAP/ / 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