137 W 1st ST, Oxnard, CA 93030
137 W 1st ST, Oxnard, CA 93030
137 W 1st ST, Oxnard, CA 93030
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$1,925,000
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0.48 Acres Lot
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137 W 1st ST Oxnard, CA 93030

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Oxnard: Other - 0031

MLS Listing ID V1-36335

HOA Y/N No

Year Built 1928

Lot Size 0.482 Acres

Property Description

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.

Location

State CA

County Ventura

Area Vc31 - Oxnard - Northwest

Zoning DT-G

Interior

Heating None

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features None

Fence Block

Pool None

Community Features Curbs, Gutter(s), Sidewalks

View Y/N No

View None

Total Parking Spaces 29

Private Pool No

Building

Lot Description Corner Lot, Level, Sprinklers None

Story Three Or More

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Others

Senior Community No

Tax ID 5120103080

Acceptable Financing Cash, Cash to New Loan, Owner May Carry, Submit

Listing Terms Cash, Cash to New Loan, Owner May Carry, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Doug Kubiske RE/MAX Gold Coast REALTORS #01005725

NEARBY SCHOOL & BUSINESS

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Patrick Fossati

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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