Entitled Multifamily Development
137 W 1st Street, Oxnard, CA 93030
New
Residential Income - Oxnard, CA
Property size:
5,900 SFLot size:
21,000.00 AcresPrice / SF:
$326/SF- Added:
- May 8, 2026
- Days on Market:
- 3
- Last Refresh:
- May 10 at 7:06 pm
Property Features for 137 W 1st Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- DT-G
- Bedrooms
- 3
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3
- Parking
- 29
- Parking features
- None
- Exterior features
- Fence, Community Features Included: Gutters, Curbs, Sidewalks, Sprinklers None, Corner Lot, Level
- Fencing
- Fenced
- Standard status
- Active
- APN
- 5120103080
- Size
- 5,900 SF
- Lot size
- 21,000.00 Acres
Utilities
- Cooling system
- None (Cooling)
Building Details
- Year built
- 1928
- Number of units
- 53
- Architectural style
- Other
Listing agent Doug Kubiske License #01005725 (805) 443-8957
Listing office RE/MAX Gold Coast REALTORS 601 E Daily Dr 102, Camarillo, CA (805) 484-1600
Listing date May 8, 2026
MLS# V1-36335
Listing URL
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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--no podium required.
- Includes plans, reports, and city approvals, streamlining the development process.
- Located on a corner lot of approximately 1/2 acre with alley access.
- Features a 2,846 sq ft rooftop terrace and balconies for each unit.
- Existing improvements generate $2,500/month income with potential for more.
Overview
This is an opportunity to acquire an entitled property in downtown Oxnard, California, with approved plans for a 6-story, 53-unit multifamily apartment building totaling 44,338 square feet. The lot is approximately 0.48 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 (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 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 and is zoned DT-G within the downtown Oxnard Specific Plan. This property is suitable for developing market-rate, affordable, or senior housing in Oxnard's growing downtown district.
Property Profile
Insight Report
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 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--no podium required.; Includes plans, reports, and city approvals, streamlining the development process.
