$910,000
●
Land -
Off Market
234 Johnson Road
Oxnard, CA 93033
Studio
0 Bath
$5,328
Est. Monthly
About This Property
Really an amazingly rare property offering!! Exceptional infill
development opportunity in growing Oxnard! This flat and usable
0.79-acre parcel is ideally situated at 234 Johnson Road in a
thriving neighborhood with beautiful year-round weather and strong
rental demand. A local architect has indicated the potential to
build approximately 30 to 40 or more multifamily units, with bonus
densities--buyer to verify with the City of Oxnard. Utilities are
at the site, streamlining the development process. This is an rare
project for developers or investors seeking to build apartments in
an established and expanding community. Conveniently located near
schools, shopping, transportation, and beaches. This property
represents a rare chance to secure a valuable piece of land with
immense upside potential. Seller financing may be available with at
least 45% down payment, subject to buyer qualification and
agreement of terms.
Unit Size
-
Days on Market
201 days
Land Size
0.79 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1946
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 10 months ago (CRMLS #V1-30947)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 23, 2026 | Sold | ||
| Sold | |||
| Dec 17, 2025 | In contract | - | |
| In contract | |||
| Dec 11, 2025 | Price Decreased |
$1,085,000
↓ $60K
(5.2%) | |
| Price Decreased | |||
| Nov 21, 2025 | Price Decreased |
$1,145,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| Sep 23, 2025 | Price Decreased |
$1,195,000
↓ $80K
(6.3%) | |
| Price Decreased | |||
Show More
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Blackstock South
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Listed by: Doug Kubiske, RE/MAX Gold Coast REALTORS
Last Updated: 10 months ago
Data Source: CRMLS, MLS# V1-30947
Last Updated: 10 months ago
Data Source: CRMLS, MLS# V1-30947
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