5690 Cypress Road 2230041030 Oxnard CA 93033 MLS #25480661

5690 Cypress Road 2230041030
Oxnard, CA, 93033
$3,700,000
Beds
0 Baths
SqFt
0.7 Acres
$3,700,000
5690 Cypress Road 2230041030
Oxnard, CA, 93033
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Option for Covered Land Play: 1) Average gross income from all sources over the past 2 years is approximately$569k annually. Each dormitory has a wall heater. Separate buildings house bathrooms, laundry and showers. 2) Sober living operation brings in$875 per bed monthly. property has the capacity of 110 beds/occupants across 13 dormitories. The property is partially occupied at present. 3) Seasonal H-2A temporary agricultural farm workers (averages ~77 workers)5 months of the year (March throughJuly) that each pay $1,200 per month(just over $92,000 monthly income). 4) The City of Oxnard rents out ~20 beds per month for foul weather shelter typically from December to March depending on how bad the weather is.An Average of $12,000 monthly income from the city during bad weather months.****** A 49,658 Square Feet (1.14 AC) site, located in Oxnard California. This property presents a pristine canvas for innovative development, offering the chance to construct something extraordinary for the community while generating substantial returns. Located in the south of Oxnard, with many different use cases possible, this property offers a blank canvas for your vision, with the potential to create something truly remarkable.The property, zoned R3PD, allows for a variety of development options from a multifamily development, affordable housing, orCondominiums, the options are boundless. The buyer of this land has the freedom to create their dream project. Whether it is an apartment complex with ground floor retail, or any number of the commercial uses permitted. Don’t miss out on this exceptional opportunity to shape Oxnard’s real estate landscape.

Property Details

Price:
$3,700,000
MLS #:
25480661
Status:
Active
Baths:
0
Type:
Land
Neighborhood:
vc34oxnardsoutheast
Listed Date:
Jan 11, 2025
Lot Size:
30,492 sqft / 0.70 acres (approx)
Vc34oxnardsoutheast

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Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

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Property Summary

    5690 Cypress Road 2230041030 Oxnard CA is a Land for sale in Oxnard, CA, 93033. It is listed for $3,700,000 and features 1 acres. To schedule a showing of MLS#25480661 at 5690 Cypress Road 2230041030 in Oxnard, CA, contact your James Outland agent at 8057482262.
5690 Cypress Road 2230041030
Oxnard, CA