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  • 450 Hill Street

450 Hill Street, Oxnard, CA 93033

$11,750,000 Approx. USD 0 beds, 0 baths

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Photo of Grace Desi Schmidt

Grace Desi Schmidt REALTOR® - Sales Associate 818-355-8463 m
818-355-8463 o
818-623-6721 f
Lic#: 02029225
NRDS ID: 207064488
gracedschmidt@bhhscal.com Text Me
Call My Cell
Call My Office
818-623-6721 f
Lic#: 02029225
NRDS ID: 207064488
gracedschmidt@bhhscal.com Encino Office
17050 Ventura Blvd, Ste. 100
Encino, CA 91316
Phone: 818-501-4800
Fax: 818-990-4750
 Encino 17050 Ventura Blvd, Ste. 100
Encino, CA 91316
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Fax: 818-990-4750
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Listing Agent


Steven J Golis
Lic#: 00772218
Broker: Courtesy of Radius Group Commercial R.E.

Agent Remarks

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 7.25% cap rate and 8.28 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.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 26-1958
List price is $11,750,000 Reduced by $500,000 on 7/16/2026
Price: $11,750,000
Beds: 0
Baths: 0
Built in 1963
51835.00 acres
Lot size: 0.5600
County: Ventura
Zoning: R-3
Parking description: Carport,Mixed
Lot description: Near Public Transit
MLS area: 00 - VENTURA

Last Updated: 11/4/2026

 Days On Market (DOM): 146

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This listing belongs to the 00 - VENTURA MLS area

Lat/Long: 34.186174, -119.182449.
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Source: SBM. Also Available in V1-36962, 26001473,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Grace Desi Schmidt

Grace Desi Schmidt REALTOR® - Sales Associate 818-355-8463 m
818-355-8463 o
818-623-6721 f
Lic#: 02029225
NRDS ID: 207064488
gracedschmidt@bhhscal.com Text Me
Call My Cell
Call My Office
818-623-6721 f
Lic#: 02029225
NRDS ID: 207064488
gracedschmidt@bhhscal.com
Encino Office
17050 Ventura Blvd, Ste. 100
Encino, CA 91316
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