1263 S Oxnard Blvd, Oxnard, CA 93030

$4,050,000
10
BD
9
BA
3,806
SqFt

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List Price
$4,050,000
MLS#
26103515
Status
ACTIVE
Type
Multifamily
Bedrooms
10
Bathrooms
9
Living Area
3,806

Property Description

-1251-1263 S Oxnard Blvd, Two Separate APNs Existing 9-Unit Apartment Property Plus Adjacent Vacant Land -Significant Development Potential Opportunity for 25+ Additional Units Across Both Parcels -Highest & Best Use Includes Multifamily / Affordable Housing Development -2023 Certificate of Occupancy -Exempt from State & Local Rent Control Through 2038 -Fully Rebuilt in 2012 All 9 Existing Units Torn Down to the Foundation & Reconstructed -Rare Opportunity Combining Existing Multifamily Income with Substantial Development Upside -Potential to Generate In-Place Income While Pursuing Future Development

Additional Information

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Courtesy of Matthews Real Estate Investment Services, Daniel Withers.

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