$2,750,000
$100K PRICE DROP

Estimated payment $17,982/month

Total Views 6,039
-- Bed
-- Bath
44,348 Sq Ft
$62 Price per Sq Ft

Highlights

  • 0.48 Acre Lot
  • Block Wall Fence
  • No Heating
  • Corner Lot

About This Home

Attention Developers & Investors! Rare opportunity to acquire an entitled downtown Oxnard property with approved plans for a 6-story, 53-unit multifamily apartment building totaling 44,338 sq ft. Lot is approx. 1/2 acre on a corner with alley access. Type III-A construction--no podium required. Proposed design features balconies for each unit, 29 covered parking spaces, a 2,846 sq ft rooftop terrace, (48) 1BR units (547-964 sq ft), (5) 2BR units (964 sq ft). Six of the units are deemed affordable. Existing improvements include a 5,900 sq ft commercial building and 3,900 sq ft garage. Current tenants generate $2,500/month income with potential for additional income through leasing vacant spaces short-term or storage use. Sale includes plans, reports, and city approvals. Located at W. 1st Street & S. N. A Street. Zoned DT-G within downtown Oxnard Specific Plan. Amazing opportunity to develop market-rate, affordable, or senior housing in Oxnard's growing downtown district!

Listing Agent

Douglas Kubiske

RE/MAX Gold Coast REALTORS License #01005725 Listed on: 05/27/2025

RE/MAX Gold Coast REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 0.48 Acre Lot
  • Property fronts an alley
  • No Common Walls
  • Block Wall Fence
  • Corner Lot
  • Level Lot
  • No Sprinklers

Parking

  • 29 Parking Spaces

Home Design

  • 44,348 Sq Ft Home

Additional Features

  • Rain Gutters
  • No Heating

Listing and Financial Details

  • Tax Tract Number 87
  • Assessor Parcel Number 2020055070

Community Details

Overview

  • 53 Units
  • Oxnard: Other 0031 Subdivision

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Oxnard: Other - 0031
  • View: No
  • Zoning: DT-G
  • Property Type: Residential Income
  • Parcel Number: 2020055070
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: No
  • Levels: Three Or More
  • Price Per Square Foot: 62.01

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 29.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Gutters

Lot Info

  • Land Lease: No
  • Lot Features: Level, Corner Lot, Sprinklers None
  • Lot Size Sq Ft: 21000.00
  • Lot Size Acres: 0.4821

Multi Family

  • Average1 Bed Area: 675 Square Feet
  • Average2 Bed Area: 964 Square Feet
  • Lot Size Area: 21000.0000 Square Feet
  • Number Of Units Total: 53
  • Rent Control: Yes

Tax Info

  • Tax Tract Number: 87.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2025 07/05/25 Price Changed $2,750,000 -3.5% --
05/26/2025 05/26/25 For Sale $2,850,000 -- --
Source: Ventura County Regional Data Share

Source: Ventura County Regional Data Share

MLS Number: V1-30244

Ventura County Regional Data Share