Description
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 Type
Residential IncomeCounty
VenturaStyle
Residential IncomeAD ID
49976541
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Fireplace: None
Cooling Features
- None
- Air Conditioning
Heating Source
- None
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1922
- Building Area Total: 44,348
Pool Features
- None
Laundry Features
- None
Fencing
- Block
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.4821
- Lot Size Source: Assessor
- Lot Size Square Feet: 21000
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Listing Information
Listing Price Information
- Original List Price: 2,850,000
- Listing Contract Date: 2025-05-27
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2020055070
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: None
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: VC31 - Oxnard - Northwest
- Directions: Oxnard Blvd to First Street
- Zoning: DT-G
- Source Property Type: Residential Income
- Area: VC31 - Oxnard - Northwest
Building and Construction
- Property Age: 103
- Common Walls: No Common Walls
- Year Built Source: Assessor
- Levels or Stories: Three Or More
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BuyOwner last updated this listing 06/09/2025 @ 11:35
- MLS: V1-30244
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 44,348 sqft, 21,000 sized lot, and 0 parking. are nearby neighborhoods.