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!
Lot/land
Listing Provided by:
Doug Kubiske DRE #01005725 805-484-1600,
RE/MAX Gold Coast REALTORS
Price cut: $100K (7/6)
$2,750,000
137 W 1st St, Oxnard, CA 93030
--beds
--baths
0.48Acres
Unimproved Land
Built in ----
0.48 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 73 days
- on Zillow |
- 92 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: July 05, 2025 at 05:54pm
Listing Provided by:
Doug Kubiske DRE #01005725 805-484-1600,
RE/MAX Gold Coast REALTORS
Source: CRMLS,MLS#: V1-30210
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

Travel times
Facts & features
Property
Features
- Fencing: Block
- Has view: Yes
- View description: None
Lot
- Size: 0.48 Acres
- Features: Corner Lot, Level, Sprinklers None
Details
- Parcel number: 2020055070
- Zoning: DT-G
- Special conditions: Standard
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Gutter(s), Sidewalks
- Subdivision: Oxnard: Other - 0031
Location
- Region: Oxnard
Financial & listing details
- Date on market: 5/26/2025
- Listing terms: Cash,Cash to New Loan
- Road surface type: Paved
- Loading