CA > Oxnard > Oxnard: Other - 0034
Oxnard, CA 93033,2951 Albany DR
See all 9 photos
Oxnard, CA 93033,2951 Albany DR
Oxnard, CA 93033,2951 Albany DR
Oxnard, CA 93033,2951 Albany DR
Oxnard, CA 93033,2951 Albany DR
Mia Ellison
Mia Ellison

Broker Associate | SB01271824

+1(310) 600-6948

GET MORE INFORMATION

Full Name
Phone*
Message
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.

$ 6,971,057

$ 7,700,000 9.5%

Est. payment /mo
Sold on 09/10/2025

2951 Albany DR Oxnard, CA 93033

1 Sqft Lot

UPDATED:

Key Details

Sold Price $6,971,057

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Subdivision Oxnard: Other - 0034

MLS Listing ID V1-30104

Sold Date 09/10/25

HOA Y/N No

Year Built 1974

Lot Size 1 Sqft

Property Description

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.

Location

State CA

County Ventura

Area Vc34 - Oxnard - Southeast

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Appliance Gas Range

Laundry Laundry Room

Exterior

Carport Spaces 32

Fence None

Pool None

Community Features Biking

View Y/N No

View None

Total Parking Spaces 32

Private Pool No

Building

Lot Description Sprinklers None

Story 2

Others

Senior Community No

Tax ID 2210061185

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

CRMLS – RECore
Listed by Nick Henry Beachside Partners
Bought with Non Member Unknown Agency
Mia Ellison

Mia Ellison

Broker Associate | SB01271824

+1(310) 600-6948

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Estate Properties, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

2951 Albany DR

QUICK SEARCH