1531 E Hueneme Road

  • Oxnard

  • $8,500,000
  • 14.77 Acres
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Lot/LandDetails

Description & Essential
Description
1531 E. Hueneme is an exciting opportunity to develop a large scale residential development in the supply constrained Oxnard/Pt. Hueneme residential real estate market. The two parcels currently being used for agricultural purposes total 14.77 acres (643,381 sq. ft.). The property is currently in Unincorporated Ventura County, however it’s located within the City of Oxnard’s Sphere of Influence, meaning a development would trigger annexation into the City of Oxnard. The City of Oxnard has specified in the Oxnard General Plan 2030, the land use for these lots as RM (Residential Medium). The zoning allows for 12-18 dwelling units per acre, allowing for apartments, townhouses and other forms of attached housing. This land use was established in support of a previously proposed project during the last building cycle. Per the current Principle Planner of the City of Oxnard, any development would likely require an amendment to the general plan to revise the zoning designations, allowing considerable zoning flexibility in terms of what land use a developer would like to propose.
Essential
MLS #SR17135284
Price$8,500,000
Lot Square Feet≈ 643,381
CountyVentura
StateCA
ViewOcean
Area699 - Not Defined
ZoneRA
StatusActive
Sale TypeStandard
Listing BrokerageKeller Williams Realty Calaba
Listing AgentZachary King
Listing Agent BRE #01882407

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Based on information from California Regional Multiple Listing Service, Inc. as of Tuesday, July 4, 2017. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.