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5690 Cypress Road

Oxnard, CA 93033
  • $3,700,000
  • STATUS: Active
  • ON SITE: 141 Days
  • MLS #: 25480661
UPDATED: 39 min ago
$3,700,000
  • 0
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): John Boyett of CBRE ()


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-06-16T21:31:36.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/159731495
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5690 Cypress Road Oxnard, CA 93033

  • Price: $3,700,000
  • Status: Active
  • On Site: 141 Days
  • Updated: 39 min ago
  • MLS #: 25480661
0
Beds
0
Baths
0
½ Baths
0.7
Acres
Neighborhood:
VC34 - Oxnard - Southeast
County:
Ventura
Area:
VC34 - Oxnard - Southeast
Property Description
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.
Exterior Features

Parking Total 0 View YN Yes

Property Features

Association YN No Listing Agreement Seller Reserved Listing Service Full Service New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning R-2-PD-AHP



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-06-16T21:31:36.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Listing Agent(s): John Boyett of CBRE ()