14
Bedrooms
$1,049,000
FOR SALEOxnard, CA
MLS# 226005012
Michael Delgado
Listing Agent
Century 21 Masters
DRE #: 01341386
(805) 815-3577Brokerage: Century 21 Masters
14
Bedrooms
4
Bathrooms
2,900 sqft
Square Feet
1930
Year Built
5,105 sqft
Lot Size
$362
Price/Sq Ft
0
Garage Spaces
N/A
HOA
N/A
Property Type
UNIQUE INCOME-PRODUCING INVESTMENT OPPORTUNITY! Excellent opportunity to own a distinctive two-story boarding house property with a Hotel/Transient Lodging land-use designation. This is not your traditional hotel nor single-family residence. The property offers a versatile lodging configuration with multiple rentable rooms and shared amenities, currently generating $11,077 per month in rental income -- $132,924 annually. Many occupants are longterm and wish to stay. The downstairs features a private studio with its own bathroom, an additional room with kitchenette and private bathroom, plus four separate bedrooms that share a community restroom and shower room. Upstairs offers 8 additional bedrooms with access to a community restroom and shower. The property features a welcoming front porch, an upstairs balcony, and a spacious rear parking area accommodating approximately 10 vehicles, plus corner lot with ample street parking. Ideal for investors seeking an established income-producing property with multiple rental opportunities. Potential for an owner-operator to occupy one unit while continuing to generate rental income from the remaining rooms, subject to applicable occupancy and lodging regulations. 14 bedrooms/rooms plus a studio and kitchenette-equipped room configuration, strong existing income, and exceptional investment potential. A rare opportunity to acquire a distinctive income-producing property with flexibility and upside potential. Investors welcome.
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Closed sales reported in 93030, nearest first, last 12 months. All recent sales in Oxnard →
235 Cooper Road
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