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$4,500,000

  • Sold
  • Closed
  • Multi-Family
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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.

Full Property Details for 1315 Devonshire Dr

General

  • Sold For: $4,500,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: V1-36716
  • Added to Site: 133 day(s) ago

Interior

  • Fireplace(s): None
  • Appliances: Refrigerator, Gas Range

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 25
  • Parking Features: Garage
  • Parking: Garage

Location

  • Area: VC31 - Oxnard - Northwest
  • County: Ventura
  • Development Name: VC31 - Oxnard - Northwest
  • Driving Directions: Heading S on Ventura Blvd turn left onto Devonshire Dr

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Furnace

Utilities

  • # Water Meters: 1
  • # Gas Meters: 25
  • # Electric Meters: 25

Structural Information

  • Roof: Composition
  • Square Feet: 11,999
  • Year Built: 1964

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.34
  • Lot Size Source: Public Records
  • Lot Description: No Sprinklers

Financial Considerations

  • Price Per Sq. Ft.: $375.03

Disclosures and Reports

  • Bank-owned: Yes

Listed by Beachside Partners, Jason Liehr and Beachside Partners, Nick Henry
Sold by Blue Sky Realty, M Centeno

Listing agents

— 1315 Devonshire Dr —

  • Jason Liehr

    Beachside Partners

  • Nick Henry

    Beachside Partners

(805) 406-6463

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1315 Devonshire Dr

School Districts:Oxnard Elementary School District, Oxnard Union High School District
NameGradesDistance
Sierra Linda Elementary School
2201 Jasmine Street, Oxnard, CA 93036
PK-51 mi
Fremont Academy of Environmental Science & Innovative Design
1130 N. M St., Oxnard, CA 93030
6-80.1 mi
Pacifica High School, Oxnard, CA
600 East Gonzales Road, Oxnard, CA 93036
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1315 Devonshire Dr

Date
Details
Price
Change
Source
9/01/2026
Sold
$4,500,000
-6.21%
MLS
6/01/2026
Listed
$4,798,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Beachside Partners, Jason Liehr and Beachside Partners, Nick Henry
Sold by Blue Sky Realty, M Centeno

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1315 Devonshire Drive, Oxnard, CA 93030 (MLS# V1-36716) is a Multi-Family property that was sold at $4,500,000 on September 01, 2026. Want to learn more about 1315 Devonshire Drive? Do you have questions about finding other Multi-Family real estate for sale in Oxnard? You can browse all Oxnard real estate or contact a Coldwell Banker agent to request more information.