Listed by Nick Henry, Beachside Partners, (805) 626-0112 . Bought with Unknown Agency
2951 Albany Dr
Oxnard, CA 93033
College Estates- 3 Beds
- 2 Baths
- 29,492 sqft (on 1.01 acres)
$6,971,057
Last Sold: Sep 10, 2025
9% below list $7.7M
$236/sqft
Est. Refi. Payment $35,414/mo*
$6,971,057
Last Sold: Sep 10, 2025
9% below list $7.7M
$236/sqft
Est. Refi. Payment $35,414/mo*
3 Beds
2 Baths
29,492 sqft
(on 1.01 acres)
Homes for sale near 2951 Albany Dr
Apartments for Rent
Local Information
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Description
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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from September 11, 2025
Home Highlights
Parking
32 Carport Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$236/sqft
Listed
180+ days ago
Home Details for 2951 Albany Dr
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2 |
Appliances & Utilities Appliances: Gas RangeLaundry: Laundry Room |
Heating & Cooling Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace |
Fireplace & Spa Fireplace: NoneSpa: NoneNo FireplaceNo Spa |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Number of Stories: 2 |
View No ViewView: None |
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Exterior Home Features Fencing: NoneNo Private Pool |
Parking & Garage Number of Carport Spaces: 32Number of Covered Spaces: 32Has a CarportNo GarageParking Spaces: 32Parking: Carport |
Pool Pool: None |
Frontage Not on Waterfront |
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Cumulative Days on Market: 26 |
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Year Built Year Built: 1974 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not Attached Property |
Property Information Parcel Number: 2210061185 |
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Price List Price: $7,700,000Price Per Sqft: $236/sqft |
Status Change & Dates Off Market Date: Thu Sep 11 2025 |
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MLS Status: Closed |
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Direction & Address City: OxnardCommunity: Oxnard: Other - 0034 |
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Building Area Building Area: 29492 Square Feet |
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Community Features: BikingNot Senior Community |
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Association for this Listing: California Regional MLS (Ventura & Pasadena-Foothills AORs) |
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Lot Area: 1.01 Acres |
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Special Conditions: Standard |
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Listing Terms: Conventional |
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Has Rent Control |
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Mls Number: V1-30104Living Area Range Units: Square FeetUniversal Property Id: US-06111-N-2210061185-R-N |
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Biking |
Last check for updates: about 13 hours ago
Listed by Nick Henry DRE #01748131, (805) 705-7311
Beachside Partners
Bought with: Non Member, Unknown Agency
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Source: CRMLS, MLS#V1-30104

Price History for 2951 Albany Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 09/10/2025 | $6,971,057 | Sold | CRMLS #V1-30104 |
| 08/21/2025 | $7,700,000 | Pending | CRMLS #V1-30104 |
| 06/24/2025 | $7,700,000 | Contingent | CRMLS #V1-30104 |
| 05/22/2025 | $7,700,000 | Listed For Sale | CRMLS #V1-30104 |
Comparable Sales for 2951 Albany Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.61 | Multi-Family Home | $860,000 | 10/17/25 | 4 | 2 | - | |
0.88 | Multi-Family Home | $1,670,000 | 05/16/25 | 3 | 2 | - | |
0.69 | Multi-Family Home | $1,100,000 | 05/20/25 | 1 | 1 | 3,888 | |
1.08 | Multi-Family Home | $767,000 | 05/30/25 | 5 | 4 | - | |
1.45 | Multi-Family Home | $765,000 | 09/02/25 | 3 | 2 | 1,416 | |
1.13 | Multi-Family Home | $1,099,000 | 11/04/25 | 8 | 5 | 3,624 | |
1.45 | Multi-Family Home | $1,050,000 | 04/03/26 | 4 | 4 | - | |
1.81 | Multi-Family Home | $2,825,000 | 12/05/25 | 3 | 2 | - |
Assigned Schools
These are the assigned schools for 2951 Albany Dr.
What Locals Say about College Estates
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST 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. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST 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. Properties may or may not be listed by the office/agent presenting the information
Homes for rent near 2951 Albany Dr
Off Market Homes Near 2951 Albany Dr
Explore by feature
2951 Albany Dr, Oxnard, CA 93033 is a 3 bedroom, 2 bathroom, 29,492 sqft multi-family built in 1974. 2951 Albany Dr is located in College Estates, Oxnard. This property is not currently available for sale. 2951 Albany Dr was last sold on Sep 10, 2025 for $6,971,057 (9% lower than the asking price of $7,700,000). The current Trulia Estimate for 2951 Albany Dr is $1,045,700.