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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.
off Channel Islands, Rose and Oxnard Blvd intersection
Source: School Digger
Public • PK - 5 • Serves this home
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E. O. Green Junior High School
Public • 6 - 8 • Serves this home
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Public • 9 - 12 • Serves this home
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Public • PK - 5 • Serves this home
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Fred L. Williams Elementary School
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Tierra Vista Elementary School
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E. O. Green Junior High School
Public • 6 - 8 • Serves this home
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Charles Blackstock Junior High School
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Dr Manuel M Lopez Academy Of Arts And Sciences
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Robert J Frank Academy Of Marine Science & Engineering
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Fremont Academy Of Environmental Science & Innovative Design
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Public • 9 - 12 • Serves this home
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Vista Real Charter High School
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Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 3121 Monterey Street | Listing | 3 | 2 | Dec 12, 2025 | $519,900 | Jan 24, 2024 | $697,250 |
| 347 E Elfin | Listing | 3 | 3 | Dec 10, 2025 | $529,000 | Jun 25, 2024 | $634,000 |
| 1010 Nelson Place | Listing | 3 | 2 | Dec 10, 2025 | $550,000 | May 21, 2024 | $701,250 |
| 1704 S J Street | Listing | 4 | 2 | Oct 27, 2025 | $525,500 | Jan 24, 2024 | $739,976 |
| 1227 S H Street | Listing | 4 | 2 | Dec 12, 2025 | $649,000 | May 21, 2024 | $689,000 |
| 335 E FIESTA | Listing | 3 | 3 | Dec 12, 2025 | $629,000 | May 21, 2024 | $679,155 |
| 810 JOYCE Drive | Listing | 4 | 2 | Dec 12, 2025 | $599,000 | Mar 21, 2024 | $650,100 |
| 4538 S B Street | Listing | 3 | 2 | Dec 03, 2025 | $599,900 | Jan 24, 2024 | $624,961 |
| 3151 FOURNIER Street | Listing | 3 | 2 | Dec 12, 2025 | $599,000 | Feb 15, 2023 | $567,800 |
| 1270 S M Street | Listing | 3 | 1 | Dec 12, 2025 | $612,000 | Jan 13, 2023 | $592,200 |
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 83,227 | 204,640 | 851,348 | 335,858,263 |
| Population Density | 2,585 | 7,828 | 462 | 95 |
| People per Household | 4.8 | 3.9 | 3 | 2.6 |
| Median Age | 32.8 | 34.2 | 38.4 | 39.1 |
| Median Income | $65,077 | $74,903 | $91,083 | $66,222 |
| Average Income | $16,008 | $23,403 | $38,950 | $35,475 |
| Cost of Living Index | 189 | 159 | 130 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 45.5°F | 45.5°F | 41.2°F | 22.6°F |
| July Avg. High Temp | 72.7°F | 72.7°F | 80.7°F | 86.2°F |
| Annual Precipitation | 15.62" | 15.62" | 18.41" | 38" |
60/100
Walk Score ®
39/100
Transit Score ®
51/100
Bike Score ®
11 nearby routes: 11 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 40/100, Transit Score: 23/100, Bike Score: 46/100.
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581 ft
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bds • 0 ba • sqft
161 W juniper Street
4 bds • 2 ba • sqft
161 W juniper Street
bds • 0 ba • 22300 sqft
161 W Juniper Street
5 bds • 4 ba • sqft
560 W Gonzales Road
bds • 0 ba • sqft
560 W Gonzales Road
bds • 0 ba • 22267 sqft
560 W Gonzales Road
bds • 0 ba • sqft
4444 Naval Air Road
4 bds • 6 ba • 3727 sqft
1211 Capri Way
4 bds • 6 ba • 3727 sqft
1211 Capri Way
4 bds • 6 ba • 6841 sqft
1135 Capri Way
4 bds • 6 ba • 6841 sqft
1135 Capri Way
Source: Realty.com
2951 Albany Drive, Oxnard, CA 93033 is a Multi Family, Residential Income property listed for $7,700,000 The property is - sq. ft with 3 bedrooms and 2 bathrooms
Realty.com has 9 photos of 2951 Albany Drive.
The full address for this home is 2951 Albany Drive, Oxnard, CA 93033.
2951 Albany Drive has been listed on Realty.com since Thu May 22, 2025
Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 40/100, Transit Score: 23/100, Bike Score: 46/100.
There are 3 schools assigned to this home. Check out the schools near 2951 Albany Drive. Harrington Elementary School (Grades: PK - 5), E. O. Green Junior High School (Grades: 6 - 8), Channel Islands High School (Grades: 9 - 12)
Listing provided courtesy of:
Beachside Partners
(tel: 805-626-0112)
Listing agent:
Nick Henry
(tel: 805-705-7311)
(#CRF-v199504560)
This content last refreshed on 2025-12-21 10:27:39. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 2951 Albany Drive, Oxnard, CA 93033 : MLS# V1-30104