$7,700,000 - 2951 Albany Drive, Oxnard
- 3Beds
- 2Baths
- 1.01Acres
Oxnard Home Sale
Excellent opportunity to acquire a 32-unit well maintained Oxnard apartment building with ideal unit mix and major rental rate upside within 1 mile of Oxnard Community College. 2951 and 3011 Albany Drive includes (2) 2-story 16-unit apartment buildings w/ secure gated entry featuring (20) 2BD/1BA and (12) 1BD/1BA apartments set on just over 1 acre. Assigned Carport parking in rear and each building has its own onsite laundry room. Separately metered for gas and electricity. 2 Water Heaters. Roofs were recently replaced and exterior repainted. Very convenient location for tenants just off intersection of Channel Islands/Rose and Oxnard Boulevards with abundant shopping, medical clinics and Oxnard College nearby. Current rents more than 35% below market. Solid long term investment opportunity with room to bring rents up to market over time (subject to Oxnard 4% rent control). Offered at a 5.0% CAP rate on current rents and an appealing 7.9% CAP rate on market rents.
Sales Agent
- Sam Smith
- San Clemente Realtor ®
- Phone: 949-204-5110
- Cell: 949-204-5110
- Contact Agent Now
Amenities
- Parking Spaces32
- ViewNone
- PoolNone
Additional Information
- Date ListedMay 22nd, 2025
- Days on Market26
- Short SaleN
- RE / Bank OwnedN
Essential Information
- MLS® #V1-30104
- Price$7,700,000
- Bedrooms3
- Bathrooms2.00
- Acres1.01
- Year Built1974
- TypeResidential Income
- StatusClosed
- Listing AgentNick Henry
- Listing OfficeBeachside Partners
Exterior
- Lot DescriptionSprinklers None
Community Information
- Address2951 Albany Drive
- AreaVC34 - Oxnard - Southeast
- SubdivisionOxnard: Other - 0034
- CityOxnard
- CountyVentura
- Zip Code93033
Interior
- AppliancesGas Range
- HeatingWall Furnace
- CoolingNone
- FireplacesNone
- # of Stories2
Price Change History for 2951 Albany Drive, Oxnard, (MLS® #V1-30104)
| Date | Details | Price | Change |
|---|---|---|---|
| Closed | – | – | |
| Pending | – | – | |
| Active Under Contract (from Active) | – | – |
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Back to ResultsOxnard: Other - 0031
- City:
- Oxnard
- Price Range:
- $890,000 - $6,300,000
- Current Listings:
- 8
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of April 9th, 2026 at 2:24pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.