137 W 1st Street, Oxnard, CA 93030

Listing agent Doug Kubiske License #01005725 Show Phone

Listing office RE/MAX Gold Coast REALTORS j***@gmail.com 601 E Daily Dr 102, Camarillo, CA Show Phone

Listing date May 9, 2026

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MLS# V1-36336

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Overview

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.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Oxnard

County

Ventura

State

California

Longitude

-119.1780853

Latitude

34.2031532

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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.