Map
USACAOxnard450 Hill Street
Listing image | Image 1

450 Hill Street, Oxnard, CA

House

For Sale

Listed price in listed location currency (USD).
$12,250,000

0048

MLS® 26-1958

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 35816 sqft
Garage 
Taxes 
Days Active 13
Lot Size 0.56 Acres
Approx. Age 1963
Avg. Price Per Sqft $342
MLS® Number 26-1958

Property Address: 450 Hill Street, Oxnard, CA, 93033

Average square foot calculated using Size range provided by listing agent.

Description

450-508-516 W Hill Street presents a rare opportunity to acquire a 48-unit multifamily asset in one of Oxnard's most consistently sought-after rental markets. The property features an ideal workforce/family housing unit mix of 44 two-bedroom/one-bath units and 4 one-bedroom/one-bath units, a configuration that continues to experience strong tenant demand. Under long-term ownership, the property has maintained historically strong occupancy and stable operations. The asset currently operates at a 6.01% cap rate and 9.65 GRM based on in-place income, providing investors with immediate cash flow and proven performance. As rents continue to be adjusted toward market levels, the property offers the potential to achieve a 6.90% cap rate and 8.64 GRM, highlighting a clear path to additional income growth. Supported by strong rental demand, limited vacancy, and a durable tenant base, the property offers the scale and stability sought by multifamily investors. Opportunities to acquire a 48-unit asset of this size and quality in Oxnard are increasingly rare, making 450-508-516 W Hill Street a compelling investment opportunity with both current cash flow and future upside.
MLS® Number26-1958
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1963
Basement
DrivewayCarport, Mixed
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 12, 2026List Date
$12,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
450 Hill Street, Oxnard, CA

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