1315 Devonshire Drive, Oxnard, CA 93030 - Berkshire Hathaway HomeServices California Properties

1315 Devonshire Drive, Oxnard, CA 93030

$5,217,000 Approx. USD 0 beds, 0 baths

Reduced by $178,000 on 5/1/2025

Listing Agent


Nick Henry
Lic#: 01748131
Broker: Courtesy of Beachside Partners

Agent Remarks

25-unit Oxnard apartment building for sale on a corner lot near Fremont Square shopping center, medical clinics, schools & business. Offered at less than $209k/unit and a 5.2% CAP rate, 11.6 GRM on in place rents with upside on rental rates. 1315 Devonshire DR is a 2-story courtyard style property w/ (12) 1BD units and (13) studios + garage parking. Roof recently replaced, seismic shutoff valves on gas meters added, 2 new commercial grade water heaters and upgraded cold water line plumbing pipes. Seller open to carry back a loan at 6.0% interest only. Garages offer potential for ADU conversion (Buyer to verify)

Listing Details

Property type: (Residential Income)
Status: Active
MLS# 25-456
List price is $5,217,000 Reduced by $178,000 on 5/1/2025
Price: $5,217,000
Beds: 0
Baths: 0
Built in 1964
2 stories
14810.00 acres
Lot size: 0.3400
County: Ventura
Zoning: R-3
Parking description: Garages
MLS area: 00 - VENTURA

Last Updated: 5/6/2025

 Days On Market (DOM): 96

 Find more OXNARD homes and real estate

 Find more homes in 93030 zip code

This listing belongs to the 00 - VENTURA MLS area

Lat/Long: 34.211703, -119.192542.
Find nearby listings

Source: SBM. Also Available in V1-27844,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

93030 Area Map

Demographics

Schools

Near by

Similar Listings