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

    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!
    84 days
    on Zillow
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