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137 W 1st St
Oxnard, CA 93030
53-unit entitled Oxnard apartment site · Land For Sale
·
0.48 AC


INVESTMENT HIGHLIGHTS
- Approved plans for 53-unit apartment complex
- Corner lot w/alley access
- Downtown Oxnard location
EXECUTIVE SUMMARY
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. The 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). Only 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 FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.48 AC |
| Property Type | Land | ||
| Zoning | DT-G - Downtown General Zone | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.48 AC |
| Zoning | DT-G - Downtown General Zone |
1 LOT AVAILABLE
Lot
| Price | $3,101,242 CAD | Lot Size | 0.48 AC |
| Price Per AC | $6,432,858.49 CAD |
| Price | $3,101,242 CAD |
| Price Per AC | $6,432,858.49 CAD |
| Lot Size | 0.48 AC |
21,000 square foot downtown Oxnard corner lot with alley access. Downtown General Zone (DT-G). Approved plans for 53-unit apartment complex.
PROPERTY TAXES
| Parcel Number | 202-0-055-070 | Improvements Assessment | $486,336 CAD |
| Land Assessment | $1,047,495 CAD | Total Assessment | $1,533,830 CAD |
PROPERTY TAXES
Parcel Number
202-0-055-070
Land Assessment
$1,047,495 CAD
Improvements Assessment
$486,336 CAD
Total Assessment
$1,533,830 CAD
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