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1315 Devonshire Dr, Oxnard, CA 93030

  • $4,798,000

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    bed

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    bath

Multi-family for sale 22 days
Movoto is helping 153 homebuyers near you

About 1315 Devonshire Dr

Property type Multi-family
Neighborhood
Year built 1964
HOA fee $0/month
Lot size 0.34 Acre
Movoto estimate
Parking 25 garage spaces
Rental estimate
Property description
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). The site is separately metered for electricity and gas. 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.
Listed by
Listing Agent - Jason Liehr
Listing Agent Contact: (805) 406-6463
Listing Office - Beachside Partners
Source: CRMLS mls logo
MLS#V1-36716 • last updated 3 weeks ago
Movoto checked CRMLS for data 13 minutes ago
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Overview
Type Residential Income
Status Active
Lot Size (Acres) 0.34
Lot Size (SqFt) 14810
Year Built 1964
Interior
Appliances Refrigerator, Gas Range
Exterior
Construction Concrete
Roof Composition
Building Area 11999
Parking Garage
# Parking Spaces 25
# Garage Spaces 25
Lot Description Sprinklers None
Amenities / Utilities
Fireplaces None
Spa None
Pool None
Location
View None
County Ventura
Community Features Biking, Park
Subdivision Oxnard: Other - 31, Oxnard: Other - 31
Directions Heading S On Ventura Blvd Turn Left Onto Devonshire Dr
APN 2000151115
Multifamily Details
Laundry Income 1500
Operating Expense 156880
Cap Rate 6.2
Total Expenses 156880
Gross Income 469140
Gross Operating Income 469140
Gross Multiplier 10.2
Gross Scheduled Income 467640
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4/10
Sierra Linda Elementary School
public Grades K-5
Oxnard School District
4/10
Pacifica High School
public Grades 9-12
Oxnard Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Fremont North

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49/100
Walk
99/100
Family
69/100
Dining
89/100
Pet
  • Real Estate
  • CA
  • Ventura County
  • Oxnard
  • 93030
  • Fremont North
  • 1315 Devonshire Dr

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/23/2026. 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.
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