137 W 1st, Oxnard, CA 93030 - MLS#V1-30210 - Matt O'Brien

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,750,000

Est. payment | -/mo

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$ 2,750,000

Est. payment | -/mo

Save

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID V1-30210

Property Sub-Type Lots/Land

Property Description

Attention Developers & Investors! Rare opportunity to acquire an entitled downtown Oxnard property with approved plans for a 6-story, 53-unit multifamily apartment building totaling 44,338 sq ft. Lot is approx. 1/2 acre on a corner with alley access. Type III-A construction--no podium required. Proposed design features balconies for each unit, 29 covered parking spaces, a 2,846 sq ft rooftop terrace, (48) 1BR units (547-964 sq ft), (5) 2BR units (964 sq ft). Six of the units are deemed affordable. Existing improvements include a 5,900 sq ft commercial building and 3,900 sq ft garage. Current tenants generate $2,500/month income with potential for additional income through leasing vacant spaces short-term or storage use. Sale includes plans, reports, and city approvals. Located at W. 1st Street & S. N. A Street. Zoned DT-G within downtown Oxnard Specific Plan. Amazing opportunity to develop market-rate, affordable, or senior housing in Oxnard's growing downtown district!

Location

State CA

County Ventura

Direction Oxnard Blvd to First Street

Interior

Fireplace No

Exterior

Utilities Available Electric

View Y/N No

Present Use Commercial

Others

Tax ID 2020055070

Listed by Doug Kubiske RE/MAX Gold Coast REALTORS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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137 W 1st Oxnard, CA 93030