REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Bobby And Michelle Schaffer

sold@legacyhouserealty.com +1(951) 533-7744

$ 1,925,000

Est. payment | -/mo

0.48 Acres Lot

Save

$ 1,925,000

Est. payment | -/mo

Save

0.48 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Oxnard: Other - 0031

MLS Listing ID V1-36336

HOA Y/N No

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

Fireplace No

Exterior

Community Features Curbs, Gutter(s), Sidewalks

View Y/N No

View None

Present Use Commercial

Building

Lot Description Corner Lot, Level, Sprinklers None

Sewer Public Sewer

Water Public

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 Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(951) 533-7744

sold@legacyhouserealty.com

Temecula , California 92592, USA

137 W 1st ST Oxnard, CA 93030

Bobby And Michelle Schaffer

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

GET MORE INFORMATION

Go tour this home

137 W 1st ST