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1315 Devonshire Drive, Oxnard, CA 93030

Oxnard
Local realty services provided by:CENTURY 21 Epic
1315 Devonshire Drive,Oxnard, CA 93030
$4,500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: jason liehr, nick henry
Office: beachside partners805-626-0112
MLS#:V1-36716
Source:CRMLS

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Price summary

  • Price:$4,500,000

About this home

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. The 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). The site is separately metered for electricity and gas. There is an onsite laundry room and the garages offer ADU conversion potential. Offered at $191k/unit and a 6.2% CAP rate, 10.2 GRM this is a compelling opportunity to own in a strong rental market with additional upside potential in rental rates.

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Home facts

  • Year built:1964
  • Subdivision & Development:Oxnard: Other - 0031
  • Listing ID #:V1-36716
  • Added:104 day(s) ago
  • Updated:September 14, 2026 at 06:54 AM

Rooms and interior

  • Kitchen Description:Gas Range, Refrigerator

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Composition
  • Year built:1964
  • Construction Materials:Concrete

Finances and disclosures

  • Price:$4,500,000

Parking

  • Total parking spaces:25
  • Parking description:Garage
  • Garage:Yes
  • Garage spaces:25
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