Wonderful investment opportunity in North Oxnard. 4-plex with long term tenants. End of cul-de-sac location with large lot. HOA dues of $365 per month includes insurance, trash and common area maintenance. Unit 1: Single Story Manor is a 3BR + 2BA with fireplace, laundry room, 2 car detached garage and patio. Unit 2 & 3: Two Story Townhomes are each 2BR + 1.5BA with 1 car attached garage. Unit 4: 2BR + 1BA with with 1 car attached garage and laundry area off garage.
Multi-familyProperty Type
1980Year Built
9,996 sq ftLot Size
$338Est. Price/Sq.Ft.
5 car garageParking
Listed by Leslie Mitsuuchi•DRE #01491485• Century 21 Masters
Bought with Mark Beushausen•DRE #01009721• Cobalt Realty Group, Inc
Source:CRMLS #V0-10009255
Redfin Estimate
$1,344,651
$770K since sold in September 2012$34K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 27.6% higher than the average sale price ($1.05M) of 6 comparable homes.
Wonderful investment opportunity in North Oxnard. 4-plex with long term tenants. End of cul-de-sac location with large lot. HOA dues of $365 per month includes insurance, trash and common area maintenance. Unit 1: Single Story Manor is a 3BR + 2BA with fireplace, laundry room, 2 car detached garage and patio. Unit 2 & 3: Two Story Townhomes are each 2BR + 1.5BA with 1 car attached garage. Unit 4: 2BR + 1BA with with 1 car attached garage and laundry area off garage.
Public Records
Apr 27, 1984
Sold
$199,500
$50/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,809 (+2.2%)
$314,009 + $408,210
$722,219
2024
$8,621 (+3.8%)
$307,852 + $400,206
$708,058
2023
$8,307 (+3.1%)
$301,816 + $392,359
$694,175
2022
$8,058 (+0.8%)
$295,898 + $384,666
$680,564
2021
$7,994 (−1.8%)
$290,096 + $377,124
$667,220
2020
$8,142 (+2.9%)
$284,408 + $369,730
$654,138
2019
$7,913 (+1.4%)
$281,493 + $365,940
$647,433
2018
$7,802 (+5.4%)
$275,974 + $358,765
$634,739
2017
$7,406 (+3.6%)
$265,258 + $344,835
$610,093
2016
$7,147 (−1.1%)
$265,258 + $344,835
$610,093
2015
$7,223 (+1.1%)
$260,057 + $338,074
$598,131
2014
$7,144 (−0.3%)
$251,135 + $326,475
$577,610
2013
$7,167 (+8.8%)
$251,135 + $326,475
$577,610
2012
$6,588 (+7.8%)
$250,000 + $325,000
$575,000
2011
$6,113 (−5.9%)
$300,000 + $240,000
$540,000
2010
$6,492 (−1.4%)
$250,000 + $250,000
$500,000
2009
$6,585 (−16.9%)
$250,000 + $275,000
$525,000
2008
$7,926
$250,000 + $290,000
$540,000
Tax history for 511 S M St
Year
Property tax
Land + Additions
Assessment*
2025
$8,809 (+2.2%)
$314,009 + $408,210
$722,219
2024
$8,621 (+3.8%)
$307,852 + $400,206
$708,058
2023
$8,307 (+3.1%)
$301,816 + $392,359
$694,175
2022
$8,058 (+0.8%)
$295,898 + $384,666
$680,564
2021
$7,994 (−1.8%)
$290,096 + $377,124
$667,220
2020
$8,142 (+2.9%)
$284,408 + $369,730
$654,138
2019
$7,913 (+1.4%)
$281,493 + $365,940
$647,433
2018
$7,802 (+5.4%)
$275,974 + $358,765
$634,739
2017
$7,406 (+3.6%)
$265,258 + $344,835
$610,093
2016
$7,147 (−1.1%)
$265,258 + $344,835
$610,093
2015
$7,223 (+1.1%)
$260,057 + $338,074
$598,131
2014
$7,144 (−0.3%)
$251,135 + $326,475
$577,610
2013
$7,167 (+8.8%)
$251,135 + $326,475
$577,610
2012
$6,588 (+7.8%)
$250,000 + $325,000
$575,000
2011
$6,113 (−5.9%)
$300,000 + $240,000
$540,000
2010
$6,492 (−1.4%)
$250,000 + $250,000
$500,000
2009
$6,585 (−16.9%)
$250,000 + $275,000
$525,000
2008
$7,926
$250,000 + $290,000
$540,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R4PD
High Rise - Planned Development (Additive) Zone
The purpose of the R-4 zone is to provide a district for high-density, multi-family dwellings, emergency shelters for families, transitional housing, and supportive housing pursuant to statutory requirements, and other uses suitable for location within the city core and in other selected areas.; The purpose of this division is to authorize the designation of any of the basic zones established by this code as planned development zones by adding the letters P-D thereto. The P-D designation is intended to insure the orderly development of land in conformance with the general plan of the city and to permit departures from the restrictions imposed within the basic zones as specified in this chapter where justified by one or more of the following circumstances: When development is proposed in an area that the general plan has phased for development at a later time; When development is proposed in an area subject to a redevelopment plan; When development is proposed adjacent to or near public parks, public buildings or similar areas; When disparities between adjacent zones require protection of the more restricted zone; When development is proposed that does not conform to the standards of the basic zone, but offers advantages if properly conditioned to protect nearby uses. Such development includes but is not limited to: Commercial development near residential development.; Multiple-family development near single-family development; Research and manufacturing development near commercial or residential development; When development is proposed near areas of public interest, such as areas of natural beauty, natural resources or historical interest, and public parks, civic centers and monuments; When development of a planned residential group is proposed.; Another purpose of this division is to ensure that development occurs in substantial conformance with plans or uses in connection with an application for rezoning.