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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

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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

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 FACTS

Price $3,500,000
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
Total Lot Size 0.87 AC
Zoning C2PD - Zoned C-2 (General Commercial) with many allowable commercial uses and also related uses possibly for multi-family residential. Buyer to verify.

1 LOT AVAILABLE

Lot

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.

Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
222-0-101-070
Land Assessment
$147,059
Improvements Assessment
$134,793
Total Assessment
$281,852
  • Listing ID: 37692533

  • Date on Market: 9/16/2025

  • Last Updated:

  • Address: 258 W Pleasant Valley Rd, Oxnard, CA 93033

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