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Key Details
Sold Price $2,000,000
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 14,347 sqft
Price per Sqft $139
MLS Listing ID V0-219013844
Sold Date 12/30/21
HOA Y/N No
Year Built 1987
Property Description
Huge Price Reduction!!! Unique opportunity to acquire over one acre of land in the City of Oxnard! These R4PD units are well located within short proximity to major transportation arteries, the Point Mugu Base, The Port of Hueneme, Oxnard College, and a dense, skilled workforce. Perfect for multifamily units or creative uses, the Property benefits from highly supply-constrained market, while taking advantage of historically low financing costs. The unit located at 2931 Albany Drive offers 5,309 Sq. Ft. in construction and 14,347 Sq. Ft. of land area. The adjacent unit is divided by an alley 2929 Albany Drive which offers 7,920 Sq. Ft. in construction and 36,216 Sq. Ft. of land area. 2929 Albany Drive is located at the corner of Channel Islands Blvd and Albany Drive. These units offer a combined building square footage of 13,229 Sq. Ft. and combined land area of 50,563 Sq. Ft. The zoning is R4PD currently being used as a school. These units are centrally located along Channel Islands Boulevard, one of the City's major thoroughfares, the Property benefits from excellent traffic counts, a dense residential population within the trade area, and close proximity to HWY 1.
Location
State CA
County Ventura
Area Vc34 - Oxnard - Southeast
Zoning R4PD
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating None
Cooling None
Fireplace No
Laundry None
Exterior
Roof Type Shingle
Building
Lot Description Greenbelt, SprinklersNone
Water Public
Others
Tax ID 2210061195
Acceptable Financing Cash, CashtoExistingLoan, CashtoNewLoan, Conventional
Listing Terms Cash, CashtoExistingLoan, CashtoNewLoan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Irma Arreguin • Century 21 Everest
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