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25-Unit Courtyard Apartment Building
For Sale
$4,798,000

1315 Devonshire Dr, Oxnard, CA 93030

Two-story property with on-site laundry, garage parking, and separately metered utilities.

Property SizeContact for details
Days on Market66

Property Features for 1315 Devonshire Dr

General Information

Standard status Active
Property subtype Residential Income

Financials

Cap Rate 6.2%
Gross Rent Multiplier 10.2

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 12 x 1BD, 13 x studio
Multifamily Units 25

Amenities

onsite laundry room
garage parking

Building Details

Stories 2
Construction courtyard style
Listing Agency: Beachside Partners
Listed By: Jason Liehr
Source: Exprealty
Added: Jun 1 Changed: Aug 4 Last Checked: Aug 4 at 2:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beachside Partners

Investment Insights

Based on property information with market context.

Located at 1315 Devonshire Dr in Oxnard, this two-story courtyard apartment property contains 25 units, including 12 one-bedroom apartments and 13 studios. The site also includes garage parking and an on-site laundry room, with garages offering ADU conversion potential. Electricity and gas are separately metered.

Recent capital improvements include a replaced roof, seismic shutoff valves at the gas meters, two commercial-grade water heaters, and upgraded cold-water plumbing. The plumbing work included sandblasting and epoxy-liner installation. The corner-lot property is near Fremont Square shopping center, medical clinics, schools, and bus lines.

Key Highlights

  • 25‑unit Oxnard apartment property with 12 one‑bedroom units and 13 studios
  • Two‑story courtyard configuration on a corner lot
  • Recent roof replacement and upgraded cold‑water plumbing

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

25
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,125
Businesses Nearby

Demographics for 93030, CA

59,011
Population
15,966
Households
3.7
Avg Household Size
33
Median Age
19%
College-Educated
70%
High-School Grad
14.1 sq mi
ZIP Area
4,185
Density / Sq Mi
$90,067
Median Household Income
$36,217
Median Earnings
$1,853
Median Rent
$639,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story property with on-site laundry, garage parking, and separately metered utilities.
Where is this apartment building located?
The property is located at 1315 Devonshire Dr Oxnard, CA.
What is the asking price?
The asking price for this property is $4,798,000.
What are key features of this property?
This property features: 25‑unit Oxnard apartment property with 12 one‑bedroom units and 13 studios; Two‑story courtyard configuration on a corner lot; Recent roof replacement and upgraded cold‑water plumbing
More about this property
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