450 Hill St
Oxnard, CA 93033
Kamala Park
3 Beds
2 Baths
35,816 sqft (on 1.19 acres)
3 Beds
2 Baths
35,816 sqft
(on 1.19 acres)
Local Information
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Description
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 6.90% cap rate and 8.64 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.
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.
Home Highlights
Parking
48 Parking Spaces
Outdoor
No Info
HOA
None
Price/Sqft
$342
Listed
1 day ago
Home Details for 450 Hill St
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2 |
Dimensions and Layout Living Area: 35816 Square Feet |
Fireplace & Spa No Fireplace |
View No View |
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Parking & Garage Parking Spaces: 48Parking: Carport,Mixed |
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Cumulative Days on Market: 1Days on Market: 1 |
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Year Built Year Built: 1963 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Condition: FairParcel Number: 2030112480 |
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Price List Price: $12,250,000Price Per Sqft: $342 |
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Direction & Address City: OXNARD |
School Information Elementary School: OtherJr High / Middle School: OtherHigh School: Other |
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Listing Agent Listing ID: 26-1958 |
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Lot Area: 1.19 Acres |
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Listing Terms: Conventional, Cash |
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Mls Number: 26-1958 |
Last check for updates: about 3 hours ago
Listing courtesy of Steven J Golis 00772218, (805) 965-5500
Radius Group Commercial R.E.
Market trends in Oxnard
Last updated May 2026
Avg. sale price
$758K $10.5KMoM
Sale-to-List Price
100.0% 0.4%MoM
Price per sq ft
$484 $7MoM
Available listings
238 1MoM
Price History for 450 Hill St
| Date | Price | Event | Source |
|---|---|---|---|
| 06/12/2026 | $12,250,000 | Listed For Sale | SBMLS #26-1958 |
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Comparable Sales for 450 Hill St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.30 | Multi-Family Home | $6,971,057 | 09/10/25 | 3 | 2 | 29,492 | |
0.23 | Multi-Family Home | $1,050,000 | 04/03/26 | 4 | 4 | - | |
0.22 | Multi-Family Home | $720,000 | 07/03/25 | 2 | 1 | - | |
0.72 | Multi-Family Home | $1,250,000 | 12/31/25 | 4 | 2 | 932 | |
0.69 | Multi-Family Home | $1,575,000 | 09/19/25 | 3 | 5 | 5,880 | |
0.73 | Multi-Family Home | $860,000 | 10/17/25 | 4 | 2 | - | |
0.68 | Multi-Family Home | $865,000 | 06/12/25 | 5 | 4 | 1,806 | |
0.80 | Multi-Family Home | $1,330,000 | 12/23/25 | 2 | 1 | 3,400 | |
0.78 | Multi-Family Home | $1,385,000 | 06/12/25 | 9 | 6 | 4,432 |
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Assigned Schools
These are the assigned schools for 450 Hill St.
- Kamala Elementary School
- K-8
- Public
- 842 Students
5/10GreatSchools RatingParent Rating AverageThis school is terrible! My kids attended here and learned NOTHING! They were so far behind academically that they needed intensive tutoring. This school has fund raisers to buy things like a marquee, or new school benches but nothing to benefit the children. Trying to go to the administrators to get your children help is an attempt in futile. It's the parents against the school rather than both being a team working together for the child's betterment. The current principal does what she can but she's only one person. I've personally witnessed the office staff sitting around gossiping, talking about, and mocking parents. With the acception of two teachers and one yard supervisor everyone else is very rude and "clique" like. If you care about your child's education steer clear of Kamala.Parent Review11y ago - Haydock Academy of Arts & Sciences
- 6-8
- Public
- 696 Students
5/10GreatSchools RatingParent Rating AverageWe'll I'm a student at haydock and I think haydock is the most dangerous place than other schoolsOther Review12y ago - Hueneme High School
- 9-12
- Public
- 1913 Students
4/10GreatSchools RatingParent Rating AverageTeachers are not willing to put in the effort to teach you correctly. And the school randomly removes things from the budget while using it for nothing used on the students.Student Review8mo ago 
Check out schools near 450 Hill St.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Kamala Park
At least 9 Trulia users voted on each feature.
88 % Say there are sidewalks
85 % Say yards are well-kept
78 % Say it's dog friendly
78 % Say it's walkable to grocery stores
67 % Say there's holiday spirit
61 % Say kids play outside
57 % Say they plan to stay for at least 5 years
57 % Say streets are well-lit
53 % Say it's walkable to restaurants
53 % Say car is needed
51 % Say neighbors are friendly
47 % Say people would walk alone at night
38 % Say it's quiet
37 % Say parking is easy
19 % Say there's wildlife
14 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Steven J Golis, Radius Group Commercial R.E.
Agent Phone: (805) 965-5500
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2026 Santa Barbara Multiple Listing Service. All rights reserved.
450 Hill St, Oxnard, CA 93033 is a 3 bedroom, 2 bathroom, 35,816 sqft multi-family built in 1963. 450 Hill St is located in Kamala Park, Oxnard. This property is currently available for sale and was listed by SBMLS on Jun 12, 2026. The MLS # for this home is MLS# 26-1958.