137 W 1st Street, Oxnard, CA 93030 - Berkshire Hathaway HomeServices California Properties

137 W 1st Street, Oxnard, CA 93030

$2,750,000 Approx. USD 0 beds, 0 baths

Reduced by $100,000 on 7/6/2025

Listing Agent


Doug Kubiske | dkubiske@gmail.com
Lic#: 01005725
Broker: Courtesy of RE/MAX Gold Coast REALTORS

Agent Remarks

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!

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# V1-30210
List price is $2,750,000 Reduced by $100,000 on 7/6/2025
Price: $2,750,000
HOA Fee is $0.00
Beds: 0
Baths: 0
0.48 acres
Lot size: 0.4821
Subdivision: Oxnard: Other - 0031
County: Ventura
Zoning: DT-G
Lot description: Corner Lot,Level,Sprinklers None
MLS area: VC31 - Oxnard - Northwest

Last Updated: 7/6/2025

 Days On Market (DOM): 46

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This listing belongs to the VC31 - Oxnard - Northwest MLS area

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Lat/Long: 34.203251, -119.178163.
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Source: CRM. Also Available in V1-30244,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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