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$ 1,049,000
Est. payment /mo
New
235 Cooper RD Oxnard, CA 93030
14 Beds
4 Baths
2,900 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,900 sqft
Price per Sqft $361
MLS Listing ID 226005012
Bedrooms 14
Full Baths 4
HOA Y/N No
Year Built 1930
Lot Size 5,105 Sqft
Property Description
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.
Location
State CA
County Ventura
Area Vc35 - Oxnard - Northeast
Zoning C2
Interior
Fireplace No
Exterior
View Y/N No
Private Pool No
Building
Faces South
Story 1
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 2010051160
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Michael Delgado Century 21 Masters #01341386