November 13, 2026
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CRE: 48-unit complex in Oxnard fetches record price in sale

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A 48-unit apartment property at 450, 508 and 516 W. Hill Street in Oxnard has sold for $10.92 million. (courtesy photo)

By Staff Report

A 48-unit apartment property at 450, 508 and 516 W. Hill St. in Oxnard has sold for $10.92 million, representing the largest non-institutional multifamily sale in the city in two years, according to Radius Commercial Real Estate records.

Announced Nov. 6, the three-building property is located in Oxnard’s Kamala Park neighborhood and has been owned by seller John Haggerty for just under 50 years. This marked the first time the property had been offered for sale during his ownership. The buyer is a private investor, according to the press release.

“I’ve owned these buildings for just under 50 years, so selling them was a big decision for me and my family. Steve and Jack were with us every step of the way. This escrow had more moving pieces than any of us expected, and they kept everyone at the table until it closed. I’m glad they were the ones handling it for us,” said Haggerty.

Jack Gilbert of Radius Group’s Golis Team represented the seller alongside Steve Golis and Aneta Jensen. Nick Henry and Jason Liehr of Beachside Partners represented the buyer, according to the press release.

Radius is a Santa Barbara-based commercial brokerage. The Golis team specializes in apartment and investment property sales from Ventura County to San Luis Obispo County and has closed more than $1.5 billion in transactions since 2003.

Built in 1963 and 1964 on approximately 1.2 acres, the two-story buildings contain 44 two-bedroom, one-bathroom apartments and four one-bedroom apartments, with carport parking on-site. The property is located within a short drive of Naval Base Ventura County and the Port of Hueneme.

“Buyers today are focused on yield and on understanding how much deferred maintenance they’re taking on. Buildings like this are workforce housing, mostly two-bedroom apartments with working families in them, and the next owner has to be ready to invest in keeping them up and running for years to come,” said Gilbert. 

GRAND OPENING

Nate’s Place, A Wellness & Recovery Center, will celebrate its new permanent home at 375 S. K St. in Oxnard on Nov. 13 at 5:30 p.m. 

The center offers mental health, trauma and substance use recovery support, counseling and education groups, more than 20 recreational activities and creative programs that all happen under one roof, in a space designed to feel welcoming rather than clinical.

Heidi Allison and Larry Rhoades opened Nate’s Place in February 2023 in honor of their son, Nate, who was in recovery and was helping others before he tragically lost his life in a car accident. In less than four years, the organization has grown rapidly to meet deep needs while serving nearly 500 young people. 

This new campus was made possible through a community match and California’s Behavioral Health Continuum Infrastructure Program grant. The celebration will also include an announcement of a significant gift and new partnership from the Betty Bazar Foundation and what it means for the future of Nate’s Place.

APPROVED DESIGN

Santa Barbara’s Historic Landmarks Commission granted project design approval to the Music Academy of the West’s new Downtown Music Education Center. Architectural firm Brooks, Scarpa, Huber of Los Angeles is the executive design architect, with DMHA Architecture + Interior Design serving as the local architect for the project. 

Michael Holliday, principal architect with DMHA Architecture + Interior Design, presented the project to the commission. 

“We are honored to collaborate with this outstanding design team and the Music Academy of the West in helping bring this extraordinary vision to life.  We are thrilled with HLC’s enthusiastic support and approval of this exciting project,” said Holliday.

UP FOR GRABS

191 N. Fairview Ave. in Goleta, currently home to The Grove Pickleball, is looking for new tenants. Located in the Fairview Shopping Center, the pickleball operations took over the space of the former Bed Bath & Beyond; the location has been open for business for less than a year.

According to Radius, The Grove will continue to operate for the time being until a new tenant leases the space, “which could take some time.” The Grove now offers drop-in “punch” passes and monthly passes.

The location was first opened under The Picklr banner. By Sept. 14, The Picklr Santa Barbara announced that it is becoming The Grove Pickleball in order to navigate conditions better and have more local say in pricing, etc. The Picklr filed for Chapter 11 bankruptcy in October. 

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