Attention Developers and Investors! A great opportunity acquire an entitled downtown Oxnard Property with approved plans for a three-story, 23-unit mixed-income multifamily development totaling 31,636 SF . The project merges two half-acre parcels into a nearly one-acre site, replacing an existing SFR with a thoughtfully designed residential community. Zoned R-2 Multiple Family ResidentialThe development offers a balanced unit mix, (9) 1BR units (665-717 SF) and (14) 2BR units (905-922 SF). Five of the units are designated affordable. Type V-A construction, and designed with accessibility in mind, featuring elevator service to all levels.Planned amenities include a ground-floor community lounge (563 SF), package and delivery center, second-floor community room (620 SF) and fitness center (551 SF), as well as third-floor outdoor decks (1,167 SF). Each residence will also enjoy a private patio or balcony.The project provides 41 parking spaces, including EV-ready and EV-charging stalls, along with bicycle racks, meeting both state and local sustainability requirements. Landscaped open space and on-site community features create an attractive living environment within walking distance of neighborhood services and schools.Tenants in the Existing residence generate $2650/month income. Sale includes plans, reports and city planning approvals.
Property Type(s):
Residential Income
|
Last Updated
|
2/25/2026
|
Tract
|
Village Townhomes - 4607
|
|
Year Built
|
1915
|
Community
|
VC33 - Oxnard - Southwest / Port Huenem
|
|
County
|
Ventura
|
Price History
|
Prior to Nov 21, '25
|
$3,550,000 |
|
Nov 21, '25 - Feb 25, '26 |
$2,950,000 |
| Feb 25, '26 - Today |
$2,500,000 |
Additional Details
| AIR |
None |
| AREA |
VC33 - Oxnard - Southwest / Port Huenem |
| HEAT |
Wall Furnace |
| LOT |
0.5 acre(s) |
| LOT DIMENSIONS |
.5 |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| SUBDIVISION |
Village Townhomes - 4607 |
| VIEW |
Yes |
| WATER |
Public |
Location
Listed with Exit Castillo Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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