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400 N Hayes Avenue, Oxnard, California 93030, Oxnard, - bed, bath

home-pic
ACTIVE$925,000
400 N Hayes Avenue, Oxnard, California 93030
0Bed
0Bath
2,648Sqft
4,791Lot
Year Built
1945
Close
-
List price
$925K
Original List price
$925K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
V1-32987
Home ConditionPoor
Features
Patio
View-

About this home

Excellent downtown Oxnard value-add with conversion upside! 400 N. Hayes includes a +/-1,250 SF church building plus two vacant apartments on a +/-4,791 SF lot. Current unit mix: (1) 2BR/1BA and (1) 1BR/1BA. Zoning is R2--multifamily allowed by right; church use permitted with a Special Use Permit. Buyer may explore converting the church building to additional apartment unit(s), subject to City of Oxnard approvals, permits, building/code compliance, and parking requirements (buyer to verify). All spaces are vacant, enabling immediate renovation and lease-up.Price: $925,000Highlights +/-1,250 SF church + (2) apartments (2BR/1BA & 1BR/1BA) R2 zoning: multifamily by right; church by SUP (verify) Conversion potential: church-to-residential opportunity (verify feasibility) +/-4,791 SF lot; infill location near the revitalizing Downtown Oxnard core Clean slate--every unit vacant for efficient repositioningNotes: Square footages, zoning/uses, density, and conversion feasibility to be verified by buyer. Property sold as-is.

Nearby schools

3/10
Ramona Elementary School
Public,•K-5•0.3mi
3/10
Robert J. Frank Intermediate School
Public,•6-8•0.4mi
3/10
Cesar E. Chavez Elementary School
Public,•K-8•0.5mi
4/10
Pacifica High School
Public,•9-12•0.9mi
9/10
Rancho Campana High
Public,•9-12•9.2mi

Price History

Date
Event
Price
10/21/25
Listing
$925,000
Condition Rating
Poor
Built in 1945, this property is explicitly marketed as a 'value-add' opportunity requiring 'immediate renovation' and is sold 'as-is.' While one bathroom appears newly renovated with modern finishes, the rest of the property, including the church building and other apartment areas, shows significant signs of age and deferred maintenance. The apartment kitchen is dated, lacks appliances, and has unfinished cabinetry. The overall condition suggests substantial repairs and rehabilitation are needed across the majority of the property to make it fully functional and comfortable.
Pros & Cons

Pros

Significant Value-Add Potential: The property offers substantial 'value-add' opportunities, particularly the conversion of the church building into additional residential units, promising significant upside for investors.
Favorable R2 Zoning: Zoned R2, multifamily use is 'allowed by right,' which streamlines the process for residential development or expansion, enhancing its investment appeal.
Vacant Units for Immediate Repositioning: All spaces are vacant, providing a 'clean slate' for immediate renovation, repositioning, and lease-up without the complexities of existing tenants.
Strategic Infill Location: Located in an 'infill location near the revitalizing Downtown Oxnard core,' suggesting strong potential for future appreciation and rental demand.
Mixed-Use Flexibility: Comprising a church building and two apartments, the property offers diverse usage possibilities or multiple income streams, appealing to various investor strategies.

Cons

Extensive Buyer Due Diligence Required: The listing explicitly states that conversion feasibility, city approvals, permits, building/code compliance, and parking requirements must be verified by the buyer, indicating potential hurdles and costs.
Sold 'As-Is' Condition: Being sold 'as-is' implies the buyer is responsible for all necessary repairs, upgrades, and potential code compliance issues, which could lead to substantial unforeseen expenses.
Older Construction: Built in 1945, the property is likely to require significant capital expenditure for modernization, infrastructure updates, and adherence to current building codes, especially for conversion projects.

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