$4,798,000
PENDING

Estimated payment $29,330/month

Total Views 5,075
1 Bed
2 Baths
11,999 Sq Ft
$400 Price per Sq Ft

Highlights

  • 0.34 Acre Lot
  • 25 Car Garage
  • Laundry Facilities
  • Park
  • Bike Trail
  • Wrought Iron Fence

About This Home

25-unit Oxnard apartment building for sale located on a corner lot near Fremont Square shopping center, several medical clinics and schools as well as bus lines. 1315 Devonshire DR is a 2-story courtyard style property featuring (12) 1BD units and (13) studios along with garage parking. The roof has recently been replaced. Other recent improvements include the installation of seismic shutoff valves on gas meters, 2 new commercial grade water heaters and upgraded cold water line plumbing pipes (pipes were sandblasted and injected with epoxy liner). The site is separately metered for electricity and gas. There is an onsite laundry room and the garages offer ADU conversion potential. Offered at $191k/unit and a 6.2% CAP rate, 10.2 GRM this is a compelling opportunity to own in a strong rental market with additional upside potential in rental rates.

Listing Agent

Jason Liehr

Beachside Partners Brokerage Phone: (805) 406-6463 License #02152826 Listed on: 06/01/2026

Co-Listing Agent

Nick Henry

Beachside Partners Brokerage Phone: (805) 406-6463 License #01748131

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 14,810 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • No Sprinklers

Parking

  • 25 Car Garage
  • Parking Available

Home Design

  • 11,999 Sq Ft Home
  • Composition Roof
  • Pre-Cast Concrete Construction

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Additional Features

  • Gas Range
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 2000151115

Community Details

Overview

  • 25 Units
  • Oxnard: Other 0031 Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Bike Trail

Building Details

  • Rent Control
  • 25 Separate Electric Meters
  • 25 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $156,880
  • Gross Income $469,140
  • Net Operating Income $298,186

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.34 Acres

Parking

25

Listing Details

  • Assessments: No
  • CapRate: 6.20
  • Property Attached: No
  • Subdivision Name Other: Oxnard: Other - 0031
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 2000151115
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 399.87

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Garage Spaces: 25.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 25.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Gas Range
  • Heating Type: Wall Furnace

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Park

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 14810.00
  • Lot Size Acres: 0.3400

Multi Family

  • Gross Income: 469140.00
  • Gross Multiplier: 10.20
  • Gross Operating Income: 469140.00
  • Gross Scheduled Income: 467640.00
  • Laundry Income: 1500.00
  • Lot Size Area: 14810.0000 Square Feet
  • Net Operating Income: 298186.00
  • Number Of Separate Electric Meters: 25
  • Number Of Separate Gas Meters: 25
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 25
  • Operating Expense: 156880.00
  • Rent Control: Yes
  • Total Expenses: 156880.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $35,513 $2,863,059 $1,231,424 $1,631,635
2024 $34,744 $2,806,921 $1,207,278 $1,599,643
2023 $33,475 $2,751,884 $1,183,606 $1,568,278
2022 $32,467 $2,697,926 $1,160,398 $1,537,528
2021 $32,208 $2,645,026 $1,137,645 $1,507,381
2020 $32,806 $2,617,907 $1,125,981 $1,491,926
2019 $31,880 $2,566,576 $1,103,903 $1,462,673
2018 $31,433 $2,516,252 $1,082,258 $1,433,994
2017 $29,830 $2,466,915 $1,061,038 $1,405,877
2016 $28,786 $2,418,545 $1,040,234 $1,378,311
2015 $29,091 $2,382,217 $1,024,609 $1,357,608
2014 $28,772 $2,335,555 $1,004,540 $1,331,015
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2026 07/06/26 Pending -- -- --
06/01/2026 06/01/26 For Sale $4,798,000 +106.4% $400 / Sq Ft
04/18/2013 04/18/13 Sold $2,325,000 0.0% $194 / Sq Ft View Prior Sale
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: Ventura County Regional Data Share

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $2,325,000 Lawyers Title
Grant Deed -- Lawyers Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $1,260,000 Negative Amortization
Source: Public Records

Source: Ventura County Regional Data Share

MLS Number: V1-36716

Ventura County Regional Data Share

APN: 200-0-151-115

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