1315 Devonshire Drive, Oxnard, CA 93030

Oxnard
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1315 Devonshire Drive,Oxnard, CA 93030
$4,798,000
  • - Beds
  • - Baths
  • 11,999 sq. ft.
  • Multi-family
  • Active
Listed by: jason liehr, nick henry
Office: beachside partners805-626-0112
MLS#:V1-36716
Source:CRMLS

Price summary

  • Price:$4,798,000
  • Price per sq. ft.:$399.87

About this home

25-unit Oxnard apartment building for sale located on a corner lot near Fremont Square shopping center, several medical clinics and schools as well as bus lines. 1315 Devonshire DR is a 2-story courtyard style property featuring (12) 1BD units and (13) studios along with garage parking. The roof has recently been replaced. Other recent improvements include the installation of seismic shutoff valves on gas meters, 2 new commercial grade water heaters and upgraded cold water line plumbing pipes (pipes were sandblasted and injected with epoxy liner). The site is separately metered for electricity and gas. There is an onsite laundry room and the garages offer ADU conversion potential. Offered at $191k/unit and a 6.2% CAP rate, 10.2 GRM this is a compelling opportunity to own in a strong rental market with additional upside potential in rental rates.

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Home facts

  • Year built:1964
  • Listing ID #:V1-36716
  • Added:5 day(s) ago
  • Updated:June 07, 2026 at 10:39 AM

Rooms and interior

  • Kitchen Description:Gas Range, Refrigerator
  • Living area:11,999 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Composition
  • Year built:1964
  • Building area:11,999 sq. ft.
  • Lot area:0.34 Acres
  • Construction Materials:Concrete

Finances and disclosures

  • Price:$4,798,000
  • Price per sq. ft.:$399.87

Parking

  • Total parking spaces:25
  • Parking description:Garage
  • Garage:Yes
  • Garage spaces:25
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