1315 Devonshire Drive

Oxnard, CA 93030

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 14810
    Sqft(Lot)
$5,395,000

Description

25-unit oxnard apartment building for sale located on a corner lot near fremont square shopping center, several medical clinics and schools as well as bus lines. 1315 devonshire dr is a 2-story courtyard style property featuring (12) 1bd units and (13) studios along with garage parking. roof has recently been replaced. other recent improvements include the installation of seismic shutoff valves on gas meters, 2 new commercial grade water heaters and upgraded cold water line plumbing pipes (pipes were sandblasted and injected with epoxy liner). separately metered for electricity and gas. there is an onsite laundry room. offered at less than $216k/unit and a 5.0% cap rate, 12.0 grm on in place rents with upside on rental rates. seller prefers to carry back a loan at 6.0% interest only offering a major cash flow benefit to new buyer. the garages offer adu conversion potential.

  • Property Type

    Residential Income

  • County

    Ventura

  • Style

    Residential Income

  • AD ID

    48458556

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Interior Features

    • Property Appliances: Gas Oven,Refrigerator
    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1964

    Pool Features

    • None

    Laundry Features

    • Laundry Room

    Fencing

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.34
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 14810

  • Listing Price Information

    • Original List Price: 5,395,000
    • Listing Contract Date: 2025-01-29

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 2000151115

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: VC31 - Oxnard - Northwest
    • Directions: Ventura Rd & Devonshire DR
    • Source Property Type: Residential Income
    • Area: VC31 - Oxnard - Northwest

    Building and Construction

    • Property Age: 61
    • Common Walls: No Common Walls
    • Year Built Source: Assessor
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BuyOwner last updated this listing 02/02/2025 @ 01:01

  • MLS: V1-27844
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 14,810 sized lot, and 25 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Oxnard , in zip code 93030, this Ventura County Home , it is in the Daily Ranch - 5276 Subdivision, are nearby neighborhoods.