Entitled Multifamily Development
137 W 1st St, Oxnard, CA 93030
Approved plans for 53-unit multifamily building in downtown Oxnard.
Type:Investment
Property size:
44,338 SFLot size:
0.50 AcresPrice / SF:
$43/SF- Added:
- May 12, 2026
- Days on Market:
- 21
- Last Refresh:
- May 12 at 5:25 am
Property Features for 137 W 1st St
General Information
- Standard status
- Active
- Size
- 44,338 SF
- Lot size
- 0.50 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1928
Listing agent Joshua Kubiske License #01005725 (805) 512-4422
Listing office RE/MAX Gold Coast REALTORS (805) 512-4422
Listing date May 12, 2026
Source Elliman
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 RE/MAX Gold Coast REALTORS
HighLights
- Approved plans for a 6‑story, 53‑unit multifamily apartment building (44,338 sq ft) on a 1/2 acre corner parcel.
- Entitled property in downtown Oxnard, zoned DT‑G, suitable for market‑rate, affordable, or senior housing.
- Type III‑A construction allows for cost‑effective building.
- Proposed design includes balconies for each unit and a 2,846 sq ft rooftop terrace.
- Existing improvements (5,900 sq ft commercial building and 3,900 sq ft garage) generate $2,500/month income with potential for more.
- Sale includes existing plans, reports, and city approvals, streamlining the development process.
Overview
This is an opportunity to acquire a proposed and entitled downtown Oxnard property with approved plans for a 6-story, 53-unit multifamily apartment building totaling 44,338 square feet. The parcel is approximately 1/2 acre 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. 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 short-term or for storage use. The sale includes plans, reports, and city approvals. The property is located at W. 1st Street & S. N. A Street, zoned DT-G within the downtown Oxnard Specific Plan. It is located in Oxnard's growing downtown district. The location has a walk score of 96, making it a walker's paradise, a bike score of 56, making it bikeable, and a transit score of 46, indicating some transit options.
Location Intelligence
Current Use by Public Records
B'Nai Moshiach Apostolic ...
Church
Location Insight
- Map
- Local Demand
- City
- Oxnard
- County
- Ventura
- State
- California
- Longitude
- -119.1780853
- Latitude
- 34.2031532
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Approved plans for 53-unit multifamily building in downtown Oxnard.
Where is this commercial land located?
The property is located at 137 W 1st St 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: Approved plans for a **6‑story, 53‑unit multifamily apartment building** (44,338 sq ft) on a 1/2 acre corner parcel.; Entitled property in downtown Oxnard, zoned DT‑G, suitable for market‑rate, affordable, or senior housing.; Type III‑A construction allows for cost‑effective building.
