5690 Cypress Road, Oxnard, CA 93033 - Berkshire Hathaway HomeServices California Properties

5690 Cypress Road, Oxnard, CA 93033

$3,700,000 Approx. USD 0 beds, 0 baths

Listing Agent


John Boyett | John.Boyett@cbre.com
Lic#: 02056759
Broker: Courtesy of CBRE

Agent Remarks

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.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# 25480661
List price is $3,700,000 Reduced by $300,000 on 4/18/2025
Price: $3,700,000
Beds: 0
Baths: 0
0.70 acres
Lot size: 0.7000
County: Ventura
Zoning: R-2-PD-AHP
MLS area: VC34 - Oxnard - Southeast

Last Updated: 5/27/2025

 Days On Market (DOM): 184

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This listing belongs to the VC34 - Oxnard - Southeast MLS area

Lat/Long: 34.149544, -119.172657.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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