$7,700,000
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2951 Albany Drive, Oxnard, CA 93033

3 Beds
2 Baths
- Sq Ft

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.

  • MLS# V1-30104
  • Date Listed05/22/2025
  • Bedrooms 3
  • Bathrooms 2 baths
  • Lot Size -
  • County Ventura

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 93033

Source: Walkscore

60/100

Somewhat Walkable

Walk Score ®

39/100

Some Transit

Transit Score ®

51/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

11 nearby routes: 11 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 40/100, Transit Score: 23/100, Bike Score: 46/100.

Property Change History

Points of Interest near 2951 Albany Drive, Oxnard, CA 93033

Frequently Asked Questions for 2951 Albany Drive

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