137 1st Street, Oxnard, CA 93030
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
137 1st Street,Oxnard, CA 93030
$1,925,000
- 0.48 Acres
- Lots / Land
- Active
Listed by: doug kubiske
Office: re/max gold coast realtors
MLS#:V1-36336
Source:CAREIL
Price summary
- Price:$1,925,000
About this home
Price reduced! Attention Developers & Investors! Rare 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 sq ft. The parcel 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) 1-BR units (547 sf-964 sf) and (5) 2-BR units (964 sf). 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! Owner may consider carry of 1st loan at agreed upon terms and conditions....
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Home facts
- Listing ID #:V1-36336
- Added:3 day(s) ago
- Updated:May 13, 2026 at 04:40 PM
Structure and exterior
- Lot area:0.48 Acres
- Lot Features:Level, Mid Block
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,925,000
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