CA > Oxnard > Oxnard: Other - 0031
Oxnard, CA 93030,137 West 1st Street
Oxnard, CA 93030,137 West 1st Street
Oxnard, CA 93030,137 West 1st Street
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Douglas Kubiske • RE/MAX Gold Coast REALTORS
$2,850,000
Est. payment /mo
44,348 SqFt
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 44,348 sqft

Price per Sqft $64

Subdivision Oxnard: Other - 0031

MLS Listing ID V1-30244

Year Built 1922

Lot Size 0.482 Acres

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

Area Vc31 - Oxnard - Nw

Zoning DT-G

Interior

Heating None

Cooling None

Fireplaces Type None

Laundry None

Exterior

Parking Features None

Pool None

Community Features Curbs, Gutters, Sidewalks

View Y/N No

View None

Building

Lot Description Corner Lot, Level, Sprinklers None

Sewer Public Sewer

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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