137 W 1st St Oxnard, CA 93030
Wilson NeighborhoodEstimated payment $17,982/month
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!
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
Map
Home Values in the Area
Average Home Value in this Area
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
MLS Number: V1-30244

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