1315 Devonshire Dr Oxnard, CA 93030
Fremont North NeighborhoodEstimated payment $28,874/month
Highlights
- 0.34 Acre Lot
- Wall Furnace
- 5-minute walk to Fremont Tot Park
- Laundry Room
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). 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
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 14,810 Sq Ft Lot
Parking
- 25 Car Garage
Interior Spaces
- 2-Story Property
- Laundry Room
Utilities
- Wall Furnace
- Heating System Mounted To A Wall or Window
- Individual Gas Meter
Listing and Financial Details
- Assessor Parcel Number 200-0-151-115
Community Details
Overview
- 25 Units
Building Details
- Operating Expense $156,880
- Gross Income $469,140
- Net Operating Income $298,186
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
|---|---|---|---|---|---|
| 06/01/2026 06/01/26 | For Sale | $4,798,000 | +106.4% | -- | |
| 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: Santa Barbara Multiple Listing Service
MLS Number: 26-1812
APN: 200-0-151-115
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