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258 W Pleasant Valley Rd - .87 acre lot w/commercial bldg & 2 homes 0.87 Acres of Commercial Land Offered at $3,500,000 in Oxnard, CA 93033



INVESTMENT HIGHLIGHTS
- Lot Size: ±0.87 AC (±38,224 SF)
- Access: Dual frontage/ingress via W. Pleasant Valley Rd & Canterbury St
- Income (GSI): $9,200/mo | $110,400/yr (Homes: $3,400 & $3,800; Restaurant: $2,000)
- Zoning: C-2 (General Commercial) — wide range of commercial uses; multifamily potential with approvals (Buyer to verify)
- Improvements: ±1,300 SF restaurant + two SFRs (3BD/2BA & 4BD/2BA) — all occupied
- Use Case: Ideal covered-land play—collect income while entitling a higher-density commercial or residential program
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $3,500,000 | Lot Size | 0.87 AC |
| Price Per AC | $4,022,988.51 |
| Price | $3,500,000 |
| Price Per AC | $4,022,988.51 |
| Lot Size | 0.87 AC |
Infill Redevelopment with Income. 258 W. Pleasant Valley Rd is a ±0.87-acre (±38,224 SF) C-2–zoned site with two-street access (W. Pleasant Valley Rd & Canterbury St) offering flexible General Commercial uses and potential multifamily or mixed-use.
DESCRIPTION
Price Reduced — Infill Redevelopment with Income. 258 W. Pleasant Valley Rd is a ±0.87-acre (±38,224 SF) C-2–zoned site with two-street access (W. Pleasant Valley Rd & Canterbury St) offering flexible General Commercial uses and potential multifamily or mixed-use redevelopment (subject to City approvals—Buyer to verify). The property is fully occupied with three existing buildings providing covered-land cash flow while you pursue entitlements: a ±1,300 SF restaurant at 258 W. Pleasant Valley Rd (currently $2,000/mo), and two single-family homes—241 Canterbury (±1,360 SF, 3BD/2BA, $3,400/mo) and 243 Canterbury (±1,200 SF, 4BD/2BA, $3,800/mo). Combined GSI ˜ $9,200/mo ($110,400/yr). Strategically located near Naval Base Ventura County and the deep-water Port of Hueneme, with quick access to Hwy 1 and US-101, this site is a compelling opportunity for a developer, owner-user, or investor to hold for income today and unlock higher and better use tomorrow.
PROPERTY TAXES
| Parcel Number | 222-0-101-070 | Improvements Assessment | $134,793 |
| Land Assessment | $147,059 | Total Assessment | $281,852 |
PROPERTY TAXES
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258 W Pleasant Valley Rd - .87 acre lot w/commercial bldg & 2 homes
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