NOT LISTED FOR SALE

1315 Devonshire Dr Oxnard, CA 93030

Fremont North Neighborhood
-- Bed
-- Bath
11,999 Sq Ft
0.34 Acres

Last Sold April 18, 2013

Last sale price $2,325,000 $194 Per Sq Ft

41 Days on Market

Highlights

  • 0.34 Acre Lot
  • Laundry Room
  • 5-minute walk to Fremont Tot Park
  • Property is near public transit
  • Garage

About This Home

As of April 2013

This is a 25-unit, two story garden-style apartment property consisting of 13 studios and 12 one-bed / one-bath units. This is a well-maintained building, offering an investor one of the best cash flow opportunities available in the coastal region. The property is well-located on a corner lot in front of a bus stop and within walking distance from a grocery-anchored shopping center, making this a highly desired rental property by the tenant community. This apartment community offers its tenancy one-to-one garage parking, and there is ample street parking available. The very low GRM and generous Cap Rate translates into high cash flow for the perspective investor.

Last Agent to Sell the Property

Craig Lieberman

Apartment Investment Specialists License #00682741 Listed on: 02/20/2013

Apartment Investment Specialists

Last Buyer's Agent

Craig Lieberman

Apartment Investment Specialists License #00682741 Listed on: 02/20/2013

Apartment Investment Specialists

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.34 Acre Lot
  • Property is in good condition

Parking

  • Garage

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Additional Features

  • Laundry Room
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 200-0-151-115

Community Details

Overview

  • 25 Units

Building Details

  • Gross Income $244,020
  • Net Operating Income $148,870

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1964
  • Income Expenses Annual Income: 244020.0
  • Capitalization Rate: 6.3
  • Gross Rent Multiplier: 9.5
  • Monthly Income: 20335.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: Other
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1964
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Laundry Laundry Room2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 14810.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Parking Info Garages: Yes
  • IncomeExpenses NOI2: 148870
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.34

Garage/Parking

  • Parking Features: Garages

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 200-0-151-115
  • Zoning: R-3
  • Lot Size Sq Ft: 14810.0

Multi Family

  • Number Of Units Total: 25
  • Annual Gross Income: 244020.0
  • Total Actual Rent: 20335.0

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2013 04/18/13 Sold $2,325,000 0.0% $194 / Sq Ft
04/18/2013 04/18/13 Sold $2,325,000 -1.1% $194 / Sq Ft View Prior Sale
04/02/2013 04/02/13 Pending -- -- --
04/02/2013 04/02/13 Pending -- -- --
02/20/2013 02/20/13 For Sale $2,350,000 0.0% $196 / Sq Ft
02/01/2013 02/01/13 For Sale $2,350,000 -- $196 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Craig Lieberman

    Seller's Agent in 2013

    Craig Lieberman

    Apartment Investment Specialists

    (805) 687-5557

    26 Total Sales

    Craig Lieberman
    Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 13-577

Santa Barbara Multiple Listing Service

APN: 200-0-151-115

California Ventura County Oxnard 93030 Fremont North

1315 Devonshire Dr, Oxnard, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Santa Barbara Multiple Listing Service This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.

Nearby Homes