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Ventura & Santa Barbara Apartment Building Sales

Explore 22 closed transactions totaling $55.44M in the Ventura & Santa Barbara market. Data from the LAAA Team at Marcus & Millichap.

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22

Transactions

$55.44M

Total Volume

5.13%

Avg Cap Rate

$251,017

Avg $/Unit

11

Avg Units

2012

Since

Cap rate, price per unit and unit count are averaged across apartment sales only: 19 of these 22 closed transactions are apartment sales.

LAAA Team Track Record Since 2012

Ventura & Santa Barbara Multifamily Market Overview

The LAAA Team works with apartment owners in Ventura and Santa Barbara counties, including Oxnard, Ventura, Thousand Oaks, Camarillo, Santa Barbara and Goleta. Our sale planning starts with the property's actual income, condition, financing and ownership goals. Buyers can use the current listings on this page to explore available assignments.

The historical table reports 22 team transactions totaling $55.4M, dated 03/23/2015 through 05/01/2026. This is the team's broader brokerage-market grouping, which also includes Lancaster and Agoura Hills in Los Angeles County. Its totals and apartment averages are not a two-county market survey or county-specific pricing estimate. Review each property's location in the closing table.

For an owner considering a sale, assemble the rent roll, collections, operating statements, loan terms and repair or capital-work records. Confirm local jurisdiction and applicable rent and tenancy rules for the specific property. We use relevant comparable sales and buyer underwriting to prepare a proposal, then discuss pricing, marketing, buyer qualification and due diligence.

An exchange buyer needs a replacement investment that fits the available equity, financing, management preferences and timing. Historical cap-rate or price-per-unit averages alone do not establish that fit. We can discuss a property-specific sale, equity or replacement-property analysis alongside your qualified intermediary and tax adviser.

Market Snapshot

Source: CoStar | Ventura Santa Barbara Multifamily | 2026 Q1
13,331Total Units
9.1%Vacancy Rate
$2,071Market Rent/Unit
5.1%Market Cap Rate
$364,256Market $/Unit

Rents by Unit Type

Studio$1,499/mo
1 Bedroom$1,788/mo
2 Bedroom$2,086/mo
3 Bedroom$2,976/mo

Investment Activity (Trailing 12 Mo)

Sales Volume$20.3M
Transactions5
Avg Price/Unit$364,256
Avg Cap Rate6.7%

City Breakdown

Oxnard

6

$12.85M volume

Avg cap: 4.37%

Avg $/unit: $256,364

View City →

Lancaster

5

$5.27M volume

Avg cap: 6.43%

Avg $/unit: $83,560

View City →

Thousand Oaks

2

$2.30M volume

Avg cap: 5.70%

Avg $/unit: $372,000

Santa Barbara

2

$4.91M volume

Avg cap: 4.91%

Avg $/unit: $306,563

Ojai

1

$8.25M volume

Avg cap: 5.63%

Avg $/unit: $257,813

Ventura

1

$2.49M volume

Avg cap: 5.02%

Avg $/unit: $310,875

Fillmore

1

$845,000 volume

Avg cap: 5.28%

Avg $/unit: $281,667

Goleta

1

$4.45M volume

Avg cap: 4.50%

Avg $/unit: $635,292

Camarillo

1

$8.07M volume

Avg cap: 4.55%

Avg $/unit: $244,697

Santa Paula

1

$1.27M volume

Avg cap: 5.06%

Avg $/unit: $181,429

Agoura Hills

1

$4.75M volume

Ventura & Santa Barbara Market Area

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LAAA Team Closings in Ventura & Santa Barbara

22 transactions totaling $55.44M by Glen Scher, Filip Niculete & the LAAA Team

500 W Lancaster Blvd

Lancaster • 2026

Price
$1,295,000
Cap
7.90%

514-516 E Oak St & 601 Grand Ave

Ojai • 2025

Price
$8,250,000
Units
32
Cap
5.63%
$/Unit
$257,813

1200 N H St

Oxnard • 2025

Price
$4,647,332
Units
18
Cap
5.47%
$/Unit
$258,185

40 N Brent St

Ventura • 2024

Price
$2,487,000
Units
8
Cap
5.02%
$/Unit
$310,875

255 Sespe Ave

Fillmore • 2023

Price
$845,000
Units
3
Cap
5.28%
$/Unit
$281,667

3305 S A St

Oxnard • 2021

Price
$1,250,000
Units
4
Cap
4.31%
$/Unit
$312,500

1200 N H St

Oxnard • 2021

Price
$4,350,000
Units
18
Cap
4.73%
$/Unit
$241,667

332 Cahuenga Dr

Oxnard • 2021

Price
$785,000
Units
2
Cap
2.98%
$/Unit
$392,500

2661 Los Robles Rd

Thousand Oaks • 2021

Price
$1,116,000
Units
3
Cap
5.70%
$/Unit
$372,000

6839 Sabado Tarde Rd

Goleta • 2021

Price
$4,447,047
Units
7
Cap
4.50%
$/Unit
$635,292

318 S Voluntario St

Santa Barbara • 2021

Price
$2,610,000
Units
8
Cap
4.84%
$/Unit
$326,250

1816-1818 Los Feliz Dr

Thousand Oaks • 2020

Price
$1,180,000

520 Daily Drive

Camarillo • 2020

Price
$8,075,000
Units
33
Cap
4.55%
$/Unit
$244,697

627 E Virginia Terrace

Santa Paula • 2020

Price
$1,270,000
Units
7
Cap
5.06%
$/Unit
$181,429

318 S Voluntario St

Santa Barbara • 2019

Price
$2,295,000
Units
8
Cap
4.98%
$/Unit
$286,875

28348 Roadside Dr

Agoura Hills • 2019

Price
$4,750,000
Cap
1.95%

44756 2nd St E

Lancaster • 2017

Price
$415,000
Units
5
Cap
6.31%
$/Unit
$83,000

301 East Lancaster Boulevard

Lancaster • 2016

Price
$1,000,000
Units
10
Cap
5.01%
$/Unit
$100,000

44138 Beech Avenue

Lancaster • 2016

Price
$560,000
Units
10
Cap
7.61%
$/Unit
$56,000

905 North A Street

Oxnard • 2016

Price
$890,000
Units
6
Cap
4.18%
$/Unit
$148,333

Source: LAAA Team Closed Transactions

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Your Ventura & Santa Barbara Specialist

Your LA Apartment Investment Advisors

Glen Scher

Glen Scher

Senior Managing Director Investments

(818) 212-2808

Email Glen

License(s): CA: 01962976

Filip Niculete

Filip Niculete

Senior Managing Director Investments

(818) 212-2748

Email Filip

License(s): CA: 01905352

LA Apartment Advisors | Marcus & Millichap

16830 Ventura Blvd, Ste. 100, Encino, CA 91436

LAAA