Keegan Cin | Realtor® | License # DRE 01971604

Property

Oxnard, CA 93033 5690 Cypress Road

5690 Cypress Road Oxnard, CA - Image 15690 Cypress Road Oxnard, CA - Image 25690 Cypress Road Oxnard, CA - Image 3
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Presented By: John Boyett with CBRE;
  • MLS# 25480661
  • 01/24/2025
  • Request Tour
  • Request Info

Home Details

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.
Presented By: John Boyett with CBRE;

Interior Features for 5690 Cypress Road

Bathrooms

Half Baths0
Total Baths0
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for 5690 Cypress Road

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityOxnard
CountyVentura
DirectionsOff of E Hueneme Rd
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet30492.0
Lot Size UnitsSquareFeet
MLS AreaVC34 - Oxnard - Southeast
MobileHomeRemainsYNNo
New ConstructionNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Waterfront Y/NNo
ZoningR3PD

Exterior for 5690 Cypress Road

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.7
Lot Size Area30492.0
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $3,700,000
MLS#25480661
List Date 01/24/2025
Property Type Land
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