$4,500,000

1315 Devonshire Drive, OXNARD CA, 93030

Price per sqftN/A

Built in1964

Property typeResidential

Courtesy of Jason Liehr, Beachside Partners

Overview

Sold

Closed

Listed Jun 1, 2026

Updated 2 weeks ago

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). 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

Additional information

MLS^® ID: 26-1812

Interior Features

Bedrooms: 1
Bathrooms: 2
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.34 Acres

Other Property Details

Garage: Yes

Also listed on CRMLS

Listed by Beachside Partners, Jason Liehr,
Listing Contact: [email protected]

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Data last updated 4:58 AM UTC, 9/2/2026