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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.
The income description goes here to explain
| List Price | $2,500,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 2030062020 |
| MLS # | V131934 |
| Property ID | 1360368 |
| Lot Sqft | 21,780 |
| Zoning | R-2 |
| Days on Market | 205 |
| Original List Price | $3,550,000 |
| Date Updated | February 25, 2026 |
| Date Created | August 17, 2025 |
Financials not available online. Please inquire with your agent for more details.
Rosy Hernandez an agent of . Lic #01490186
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 25, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT