137 W 1st Street, Oxnard, CA 93030 (MLS # V1-36335)

Price $1,925,000
Status Active
Beds 0
Baths 0 Bath
Home size n/a
Lot Size 21,001 sqft
Days on Market 28
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.
Property Type(s): Residential Income
Last Updated 5/9/2026 Tract Oxnard: Other - 0031
Year Built 1928 Community VC31 - Oxnard - Northwest
County Ventura

Additional Details

AIR None
AREA VC31 - Oxnard - Northwest
HEAT None
LOT 0.4821 acre(s)
LOT DESCRIPTION Corner Lot, Level
LOT DIMENSIONS 21000
PARKING None
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 3+
SUBDIVISION Oxnard: Other - 0031
VIEW DESCRIPTION None
WATER Public

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Dave Wallace to contact you even if your name is on a Federal or State "Do not call List".

Listed with RE/MAX Gold Coast REALTORS

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.

Email a Friend