Freddy Carrasco
RE/MAX Gold Coast-Beach Marina Office
(805) 749-5919
128 Total Sales
2 in College Estates
$710K - $725K Price Range
2951 Albany Dr Oxnard, CA 93033
College Estates Neighborhood
3
Beds
2
Baths
29,492
Sq Ft
1.01
Acre Lot
Highlights
- 1.01 Acre Lot
- Bike Trail
- Wall Furnace
- Laundry Room
About This Home
As of September 2025Excellent opportunity to acquire a 32-unit well maintained Oxnard apartment building with ideal unit mix and major rental rate upside within 1 mile of Oxnard Community College. 2951 and 3011 Albany Drive includes (2) 2-story 16-unit apartment buildings w/ secure gated entry featuring (20) 2BD/1BA and (12) 1BD/1BA apartments set on just over 1 acre. Assigned Carport parking in rear and each building has its own onsite laundry room. Separately metered for gas and electricity. 2 Water Heaters. Roofs were recently replaced and exterior repainted. Very convenient location for tenants just off intersection of Channel Islands/Rose and Oxnard Boulevards with abundant shopping, medical clinics and Oxnard College nearby. Current rents more than 35% below market. Solid long term investment opportunity with room to bring rents up to market over time (subject to Oxnard 4% rent control). Offered at a 5.0% CAP rate on current rents and an appealing 7.9% CAP rate on market rents.
Last Agent to Sell the Property
Beachside Partners License #01748131 Listed on: 05/21/2025
Last Buyer's Agent
Non Member
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1974
Lot Details
- 1.01 Acre Lot
- No Common Walls
- No Sprinklers
Interior Spaces
- 29,492 Sq Ft Home
- 2-Story Property
- Gas Range
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- 32 Parking Spaces
- 32 Carport Spaces
- Parking Available
Utilities
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 2210061185
Community Details
Overview
- 2 Buildings
- 32 Units
- Oxnard: Other 0034 Subdivision
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- Rent Control
- 34 Separate Electric Meters
- 34 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $53,901
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2025
Closed on
Aug 25, 2025
Sold by
Bought by
Seller's Agent
Nick Henry
Beachside Partners
Buyer's Agent
Non Member
List Price
$7,700,000
Sold Price
$6,971,057
Premium/Discount to List
-$728,943
-9.47%
Views
21
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,450,000
Outstanding Balance
$4,410,626
Interest Rate
6.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 11, 2013
Sold by
Bought by
Purchase Details
Closed on
Apr 3, 2013
Sold by
Bought by
Purchase Details
Closed on
Apr 2, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.91%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Aug 21, 1997
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in College Estates, CA
-
Freddy Carrasco
-
Rosie Wilcox
Rosie Wilcox
Century 21 Masters
(805) 410-9569
36 Total Sales
1 in College Estates
$650,000 Price
-
Laura Nuno
Laura Nuno
CIMA Realty Group
(805) 793-1664
31 Total Sales
1 in College Estates
$675,000 Price
-
Brian Zell
Brian Zell
Real Broker
(805) 669-9446
73 Total Sales
1 in College Estates
$660,000 Price
-
Jason Walters
Jason Walters
eXp Realty of California Inc
(805) 222-7187
105 Total Sales
1 in College Estates
$700,000 Price
-
Lissette Cee Carretero
Lissette Cee Carretero
JohnHart Real Estate
(805) 330-3552
99 Total Sales
4 in College Estates
$429K - $750K Price Range
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $6,971,500 | First American Title | ||
| -- | -- | ||
| -- | None Available | ||
| -- | First American Title Insuran | ||
| $1,450,000 | Lawyers Title Company |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $4,450,000 | ||
| Previous Owner | $1,000,000 | ||
| Previous Owner | $1,000,000 | ||
| Previous Owner | $1,200,000 |
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 |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | Sold | $6,971,057 | -9.5% | $236 / Sq Ft |
| 06/17/2025 06/17/25 | Pending | -- | -- | -- |
| 05/21/2025 05/21/25 | For Sale | $7,700,000 | -- | $261 / Sq Ft |
Source: Ventura County Regional Data Share
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 | $28,411 | $2,315,294 | $766,435 | $1,548,859 |
| 2024 | $27,927 | $2,269,897 | $751,407 | $1,518,490 |
| 2023 | $26,298 | $2,225,390 | $736,674 | $1,488,716 |
| 2022 | $25,761 | $2,181,755 | $722,229 | $1,459,526 |
| 2021 | $26,078 | $2,138,976 | $708,068 | $1,430,908 |
| 2020 | $26,552 | $2,117,045 | $700,808 | $1,416,237 |
| 2019 | $25,762 | $2,075,535 | $687,067 | $1,388,468 |
| 2018 | $24,823 | $2,034,840 | $673,596 | $1,361,244 |
| 2017 | $23,998 | $1,994,942 | $660,389 | $1,334,553 |
| 2016 | $22,864 | $1,955,827 | $647,441 | $1,308,386 |
| 2015 | $23,214 | $1,926,451 | $637,717 | $1,288,734 |
| 2014 | $22,798 | $1,888,717 | $625,226 | $1,263,491 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Henry
Seller's Agent in 2025
Nick Henry
Beachside Partners
(805) 705-7311
1 in this area
56 Total Sales
-
N
Buyer's Agent in 2025
Non Member
Map
Source: Ventura County Regional Data Share
MLS Number: V1-30104
APN: 221-0-061-185
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.
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