450 Hill Street
Oxnard, CA 93033
0
Bed
0
Bath
35,816Sqft
51,835Sqft(Lot)
450-508-516 W HILL ST 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 gro
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 0 -
Interior Features
Fireplace: None -
Cooling Features
None Air ConditioningHeating Source
Wall Furnace Has HeatingFireplace
Fireplace Features: None Has Fireplace: 0
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Building Information
Year Built: 1963 Building Area Total: 35,816 -
Pool Features
NoneLaundry Features
None
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 1.19 -
Lot Size Source: Public Records Lot Size Square Feet: 51835
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Listing Price Information
Original List Price: 12,250,000 Listing Contract Date: 2026-06-11 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 2030112490
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Other Property Info
Source Listing Status: Active Source Neighborhood: VC33 - Oxnard - Southwest / Port Huenem Directions: Head south on Rice AvenueTurn left onto W. Wooley RoadTurn right onto S. A StreetTurn left onto Hill Street450 Hill Street will be on your right Source Property Type: Residential Income Area: VC33 - Oxnard - Southwest / Port Huenem -
Building and Construction
Property Age: 63 Common Walls: No One Above,No One Below Year Built Source: Public Records Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2330 El Dorado Avenue #D, Oxnard, CA, 93033 | $350,000 | 2 | -- | 893 | 893 SqFt |
| 3700 Olds Road #86, Oxnard, CA, 93033 | $260,000 | 2 | 2 | 1,040 | 1,040 SqFt |
| 1239 S C Street, Oxnard, CA, 93033 | $2,000,000 | -- | -- | -- | |
| 4160 Petit Drive #39, Oxnard, CA, 93033 | $189,000 | 2 | 2 | 1,344 | 1,344 SqFt |
| 721 W Linden Drive, Oxnard, CA, 93033 | $849,900 | 8 | 4 | 1,981 | 1,981 SqFt |
| 1310 Hill Street, Oxnard, CA, 93033 | $775,000 | 4 | 2 | 1,564 | 1,564 SqFt |
| 1214 S Ventura Road, Oxnard, CA, 93033 | $729,800 | 3 | 2 | 1,429 | 1,429 SqFt |
| 341 Cuesta Del Mar Drive, Oxnard, CA, 93033 | $1,575,000 | -- | -- | 4,210 | 4,210 SqFt |
| 1431 Casa San Carlos La.., Oxnard, CA, 93033 | $379,900 | 2 | 1 | 989 | 989 SqFt |
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ByOwner last updated this listing 06/14/2026 @ 19:57
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