Lot 41, West Terrace Heights, Oxnards UNDER OFFER

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Lot 41, West Terrace Heights, Oxnards UNDER OFFER

Welcome to this fantastic investment opportunity offering a promising apartment complex for sale, perfectly situated on the UWI shuttle route and boasting breathtaking, unobstructed sea views from the top floor. This property is a diamond in the rough, presenting five spacious 2-bedroom, 1-bathroom units, each equipped with its own convenient washing area. With some tender love and renovation, this gem has the potential to become a highly sought-after residential haven.

Unit Highlights:

  • Five generously sized 2-bedroom, 1-bathroom units measuring just over 1000 sq ft. Each unit features a separate laundry room for added convenience and unobstructed sea views from the top floor. It is situated along the UWI shuttle route ensuring easy access to nearby amenities in Warrens.

Renovation Opportunities:

  • Kitchen Upgrades: With some attention to the kitchen areas, these units can be transformed into modern culinary spaces, enticing potential tenants and buyers alike.
  • Flooring Enhancements: The opportunity to update the flooring presents a chance to create a fresh and inviting ambiance throughout each unit.
  • Bathroom Refurbishment: Revamp the bathrooms to offer residents a comfortable and stylish retreat.

Points to Note:

  • Upstairs Unit with Fire Damage: the cosmetic damage from a previous fire accident presents an opportunity to remodel and redesign the affected unit. One bedroom can be completely gutted and redesigned, allowing for a unique selling point or an ideal owner-occupier unit.

Location: The apartment complex is strategically positioned on the UWI shuttle route, catering to the convenience and transportation needs of students and professionals. Additionally, the unobstructed sea views from the top floor serve as a major selling point, ensuring a serene and picturesque setting for residents to enjoy.

Investors, developers, or those seeking a lucrative real estate opportunity will undoubtedly recognize the immense potential this apartment complex holds. With its superb location, combined with the chance to revitalize each unit, this property is primed to become a sought-after living destination.

Don't miss out on this remarkable chance to create a thriving residential community while enjoying the soothing sights of the sea. Act now and seize this promising investment by scheduling a viewing today!

(Note: All information provided is based on the current condition of the property and any potential renovations are subject to relevant permits and approvals.)

More Information

Sale Price: 
$471,500 US
$471,500 US
External Link: 
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Further Information

Property Type: 
Condo/Apartment
Bedrooms: 
10
Bathrooms: 
5
Floor Area: 
5,712sq. ft
Land Area: 
7,384sq. ft
Listed: 
13 Mar 2024
BEAVA Approved
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