400 N Hayes Ave - Multi-Family FOR SALE


Oxnard, CA 93030- La Colonia
$925,000 USD
805-443-8957
400 N Hayes Ave, Oxnard, CA for Sale
$925,000 USD
Multi-Family - FOR SALE
1/27
null | Request Cap Rate

400 N Hayes Ave
Oxnard, CA 93030
La Colonia


HIGHLIGHTS

  • Oxnard CA value-add with conversion upside!
  • 1,250 SF church building plus 2 apartment units
  • R2 Zoning
  • Opportunity to redevelop church bldg to apartment units- check with city
  • Low vacancy rental area

OVERVIEW

Excellent downtown Oxnard value-add with conversion upside! 400 N. Hayes includes a ±1,250 SF church building plus two vacant apartments on a ±4,791 SF lot. Current unit mix: (1) 2BR/1BA and (1) 1BR/1BA. Zoning is R2—multifamily allowed by right; church use permitted with a Special Use Permit. Buyer may explore converting the church building to additional apartment unit(s), subject to City of Oxnard approvals, permits, building/code compliance, and parking requirements (buyer to verify). All spaces are vacant, enabling immediate renovation and lease-up. Highlights • ±1,250 SF church + (2) apartments (2BR/1BA & 1BR/1BA) • R2 zoning: multifamily by right; church by SUP (verify) • Conversion potential: church-to-residential opportunity (verify feasibility) • ±4,791 SF lot; infill location near the revitalizing Downtown Oxnard core • Clean slate—every unit vacant for efficient repositioning Notes: Square footages, zoning/uses, density, and conversion feasibility to be verified by buyer. Property sold as-is.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$349 USD /SF

# OF UNITS

3

PRICE/UNIT

$308,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

400 N. Hayes- 2 apartment units + church bldg

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,791 SF

ZONING

R2

APN/PARCEL ID

201-0-053-260

ASK ABOUT THIS PROPERTY

Douglas KubiskeRE/MAX Gold Coast RealtorsMore Info
805-443-8957

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Douglas KubiskeRE/MAX Gold Coast RealtorsMore Info
805-443-8957

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.