$10,000 Closing Credit¹
#V1-29539, Lorena Leyva, Listing Office: Terra Vista
#V1-30104·
Listing office: Beachside Partners·
Listing agent: Nicholas Henry·
Listing office phone: (805) 453-5097
$7,700,000 List price
2951 Albany Dr Oxnard, CA 93033
1.0 acres
House
Property details
About 2951 Albany Dr
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.
Highlights
Home typeOther
HeatingWall Furnace
StatusActive
Lot size1.01 Acres
Year built1974
MLS #V1-30104
Summary
- Appliances: Gas Range
- Fireplace: None
- Private Pool: No
- Heating: Wall Furnace
- Cooling: None
- List Price: $7,700,000
- HOA Amount: $0
- Annual Tax Amount: $26,298
- Tax Year: 2024
- Directions: off Channel Islands, Rose and Oxnard Blvd intersection
- Year Built: 1974
- Stories: 2
- Lot Size: 1.01 Acres
- MLS Number: V1-30104
- MLS Name: CRMLS
- Office Name: Beachside Partners
- Office Phone: (805) 453-5097
- Listing Agent: Nicholas Henry
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 7:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$7,700,000
2951 Albany Dr
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 14, 1997 | Home Sold | $1,450,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,269,897 | $26,298 |
| 2023 | $2,225,390 | $25,761 |
| 2022 | $2,181,755 | $25,761 |
| 2021 | $2,138,976 | $26,078 |
| 2020 | $2,117,045 | $26,551 |
| 2019 | $2,075,535 | $24,822 |
| 2018 | $2,034,840 | $23,997 |
| 2017 | $1,994,942 | $23,997 |
History based on county public records data.
Nearby schools
3
Ansgar Larsen Elementary School
Public District KG-5
0.3 mi
•550 Thomas Ave
6
Norman Harrington Elementary School
Public District PK-5
0.4 mi
•451 E Olive St
3
Fred L. Williams Elementary School
Public District KG-5
0.8 mi
•4300 Anchorage St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,521. Most Oxnard, CA residents have annual incomes less than $<35k. The majority of families are married, with kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
51%
<35k
40%
35k-100k
8%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
22%
Single, No Kids
24%
Single, with Kids
22%
Married, No Kids
32%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
12%
12-17 yrs old
26%
18-34 yrs old
34%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2951 Albany Dr
The listing price of 2951 Albany Dr property is $7,700,000.
The property 2951 Albany Dr is a house located in Oxnard, California, 93033.
Active Listing: 2951 Albany Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2951 Albany Dr are: Ansgar Larsen Elementary School (GreatSchools Rating 3/10), Norman Harrington Elementary School (GreatSchools Rating 6/10), Fred L. Williams Elementary School (GreatSchools Rating 3/10), Charles Blackstock Junior High School (GreatSchools Rating 3/10), Lemonwood Elementary School (GreatSchools Rating 4/10), E. O. Green Junior High School (GreatSchools Rating 4/10), Channel Islands High School (GreatSchools Rating 4/10), Oxnard Middle College High School (GreatSchools Rating 10/10), Hueneme High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $26,298 (source: MLS/based on county public records data).
The last sale was on November 14, 1997 for $1,450,000 (source: MLS/tax record).
The property at 2951 Albany Dr has 0 bathroom.
The year of construction for 2951 Albany Dr is 1974.
This home is located at 2951 Albany Dr in Oxnard, CA and zip code 93033 in the College Estates neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $7,700,000.
In April 2025 more than 26 listings in Oxnard, CA were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 14 were sold below. Between March and April 2025, Oxnard, CA real estate market has seen increase in the number of listings by 3.5%. In April 2025 median list price was $759,558 and the average listing age was 35 days.
From Rocket Homes Real Estate and based on county public records data.