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Property profile & analytics
FOR SALE
Apartment buildings
2951 Albany Dr Oxnard, CA 93033
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-1501030
For Sale
1 / 9
$7,700,000
2951 Albany Dr, Oxnard, CA 93033
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1974
Total area
29,492 SF
Lot
1.01 ac (43,995 SF)
Zoning code
R3PD
APN
221-0-061-185
UPID
US10-1501030
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Oxnard Portfolio Investment LP
Oxnard Portfolio Investment LP
since 2025
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
R3PD · Oxnard, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Oxnard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oxnard submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$26,298
Tax year 2023
Assessed value
$2,269,897
Assessed 2024
Previous assessed
$2,225,390
+2.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$751,407
Assessed improvement
$1,518,490
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1974
Heating
NONE
Total area
29,492 SF
Lot
1.01 ac (43,995 SF)
Zoning code
R3PD
APN
221-0-061-185
UPID
US10-1501030
Jurisdiction
VENTURA
Zoning & alternative use
R3PD · Oxnard, CA
Zoning R3PD · permitted uses
R3PD · Oxnard, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oxnard. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Heating
NONE
Lot
1.01 ac
Current owner
From public records · entity-resolved
Oxnard Portfolio Investment LP
Entity
Mailing address
4578 CLUBHOUSE DR, SOMIS, CA 93066-9709
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2025
$6,971,500
Oxnard Portfolio Investment LP
Manzer Family Trust
Grant Deed
$4,450,000 · Jpmorgan Chase Bank NA
Nov 30, 2016
—
Daniel L Manzer
—
Deed
related
$1,000,000 · Jpmorgan Chase Bank NA
Apr 5, 2013
—
Laureano V Labasay-santos III
Labasay,laureano V
Quit Claim Deed
related
—
Apr 5, 2012
—
Daniel L Manzer
Daniel L Manzer
Intrafamily Transfer
related
$1,000,000 · Jpmorgan Chase Bank NA
Nov 29, 2011
—
Manzer Daniel L & Barbara J Trust
Owner Name Unavailable
Grant Deed
related
—
Nov 14, 1997
$1,450,000
Manzer Trust
Bolint Trust
Grant Deed
$1,090,000 · Wells Fargo Bank
—
—
Manzer Family Trust
—
Deed Of Trust
related
$1,200,000 · Affinity Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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