Entitled Multifamily Development
For Sale
$1,925,000
137 West 1st Street, Oxnard, CA 93030
Approved plans for 53-unit multifamily building in downtown Oxnard.
Property Size21,000 SF
Lot Size0.50 Acres
Price / SF$91.67
Days on Market204
Property Features for 137 West 1st Street
General Information
Standard status
Active
Size
21,000 SF
Total Parking Spaces
29
Lot size
0.50 Acres
Property subtype
Residential Income
Zoning
DT-G
Amenities
Three Or More
Detached/No Common Walls
No, None
No
Building Details
Year Built
1928
Units
53
Listing Agency:
RE/MAX Gold Coast REALTORS
Listed By:
Doug Kubiske · License #01005725
(805) 443-8957
Source:
Compass
Added: Feb 13
Changed: Sep 4
Last Checked: Sep 1 at 10:28PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,826
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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 West 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: 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.
