Oxnard, CA 93030,137 W 1st Street
Oxnard, CA 93030,137 W 1st Street
Oxnard, CA 93030,137 W 1st Street
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$2,750,000
Est. payment /mo
0.48 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRV1-30210

HOA Y/N No

Lot Size 0.482 Acres

Acres 0.48

Property Sub-Type Unimproved 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

Zoning DT-G

Interior

Fireplace No

Exterior

Utilities Available Other Water/Sewer, Water Connected

View Y/N false

View None

Building

Lot Description Corner Lot, Level, Other

New Construction No

Others

Tax ID 2020055070


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Bridge MLS
Listed by Doug Kubiske • RE/MAX Gold Coast REALTORS

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137 W 1st Street