$ 1,195,000

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 50% down payment, subject to buyer qualification and agreement of terms.