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Entitled Multifamily Development Land
For Sale
$1,925,000

137 W 1st Street, Oxnard, CA 93030

Oxnard, CA

Property SizeContact for details
Lot Size0.48 Acres
Days on Market116

Property Features for 137 W 1st Street

General Information

Property type Land
Property subtype Other
Zoning DT-G
Subdivision Oxnard: Other - 0031
Standard status Active
APN 5120103080
Lot size 0.48 Acres
Listing Agency: RE/MAX Gold Coast REALTORS · RE/MAX International
Listed By: Doug Kubiske · License #01005725
Added: May 9 Changed: Aug 31 Last Checked: Sep 1 at 6:06PM
MLS# V1-36336

Copyright © 2026 California Regional MLS - Pasadena-Foothills and Ventura County Coastal. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.48-acre commercial land parcel is positioned for a multifamily development supported by approved plans and city approvals. The proposed project includes a 6-story, 53-unit apartment building totaling 44,338 square feet, with Type III-A construction and no podium required. Plans call for 48 one-bedroom units, five two-bedroom units, balconies, 29 covered parking spaces, and a 2,846-square-foot rooftop terrace. Six units are designated as affordable.

Existing improvements include a 5,900-square-foot commercial building and a 3,900-square-foot garage. The corner site has alley access and is located at W. 1st Street and S. N. A Street in downtown Oxnard. It is zoned DT-G under the downtown Oxnard Specific Plan. The sale includes plans, reports, and city approvals.

Key Highlights

  • 0.48‑acre corner commercial land parcel with alley access
  • Approved plans for a 6‑story, 53‑unit multifamily building totaling 44,338 square feet
  • Proposed unit mix includes 48 1‑BR units and 5 2‑BR units

Property Analytics

Current Use

B'Nai Moshiach Apostolic ... Church

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Veterinary Clinic Locksmith Daycare Center Tattoo & Piercing Shop

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

Location Intelligence

Trade Area within ½ mile

1,826
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
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner parcel with approved plans, city approvals, and existing commercial improvements for a downtown housing development.
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: 0.48‑acre corner commercial land parcel with alley access; Approved plans for a 6‑story, 53‑unit multifamily building totaling 44,338 square feet; Proposed unit mix includes 48 1‑BR units and 5 2‑BR units
More about this property
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