Entitled Multifamily Development
137 W 1st Street Oxnard, CA 93030
137 W 1st Street, Oxnard, CA, 93030
$1,925,000
For Sale
$1,925,000
LAND - Oxnard, CA
Property Size44,338 SF
Lot Size0.48 Acres
Price / SF$43.42
Days on Market69
Property Features for 137 W 1st Street
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- DT-G
- Standard status
- Active
- APN
- 5120103080
- Size
- 44,338 SF
- Lot size
- 0.48 Acres
Utilities
- Water source
- Public
Listing Agency
RE/MAX Gold Coast REALTORS
(805) 484-1600
601 E Daily Dr 102, Camarillo, CA
Listed by
Doug Kubiske · License #01005725
(541) 714-2200
Added: May 9 Checked: Jul 16 at 8:06 pm
MLS# V1-36336
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Investment Insights
Based on property information with market context.
This is an opportunity to acquire an entitled property in downtown Oxnard with approved plans for a 6-story, 53-unit multifamily apartment building totaling 44,338 square feet. The lot is approximately 0.482 acres on a corner with alley access. The proposed design features balconies for each unit, 29 covered parking spaces, and a 2,846 square foot rooftop terrace. The unit mix includes 48 one-bedroom units ranging from 547 to 964 square feet and 5 two-bedroom units of 964 square feet. Six of the units are designated as affordable housing. Existing improvements include a 5,900 square foot commercial building and a 3,900 square foot garage. Current tenants generate $2,500 per month in income, with potential for additional income through leasing vacant spaces for short-term or storage use. The sale includes plans, reports, and city approvals. The property is located at W. 1st Street & S. N. A Street. It is zoned DT-G within the downtown Oxnard Specific Plan. This property presents an opportunity to develop market-rate, affordable, or senior housing in Oxnard's growing downtown district.
Key Highlights
- Entitled downtown Oxnard property with approved plans for a 6‑story, 53‑unit multifamily apartment building.
- Type III‑A construction allows for cost‑effective building without a podium.
- Includes plans, reports, and city approvals, streamlining the development process.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
B'Nai Moshiach Apostolic ...
Church
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Approved plans for 53-unit apartment building in downtown Oxnard.
Where is this commercial land located?
The property is located at 137 W 1st Street Oxnard, CA.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: Entitled downtown Oxnard property with approved plans for a 6‑story, 53‑unit multifamily apartment building.; Type III‑A construction allows for cost‑effective building without a podium.; Includes plans, reports, and city approvals, streamlining the development process.
