Oxnard, CA 93030 137 W 1st Street
$2,850,000
2 more
Presented By: Douglas Kubiske with RE/MAX Gold Coast REALTORS;
SQFT • 44,348
Year Built • 1922
Home Details
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!
Presented By: Douglas Kubiske with RE/MAX Gold Coast REALTORS;
Interior Features for 137 W 1st Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
General for 137 W 1st Street
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityOxnard
Community FeaturesCurbs, Gutters, Sidewalks
CoolingNone
CountyVentura
Current FinancingNone
DirectionsOxnard Blvd to First Street
DisclosuresPrincipalIsRealEstateLicensed
Electric Expense0.0
Electric On Property Y/NNo
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingNone
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsCash, CashToNewLoan
Lot Size Square Feet21000.0
Lot Size UnitsSquareFeet
MLS AreaVC31 - Oxnard - Northwest
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total53
Operating Expense0.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameOxnard: Other - 0031
Trash Expense0.0
ViewNone
Water Sewer Expense0.0
Year Built1922
Year Built SourceAssessor
ZoningDT-G
Exterior for 137 W 1st Street
Building Area Total44348.0
Crops Included Y/NNo
FencingBlock
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, Level, SprinklersNone
Lot Size Acres0.4821
Lot Size Area21000.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters
Number of Separate Gas Meters0
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesNone
Private PoolNo
Road Frontage TypeAlley, CityStreet
Road Surface TypePaved
SpaNo
Total Parking29.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Alexandra Eston
Sales Associate
