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.
| MLS # | V1-39218 |
|---|---|
| Listing Type | For Sale |
| Style | Hotelmotel |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 23 |
| Listing Provided By | Century 21 Masters | Michael Delgado |
| SQ Feet | 2,900 |
|---|---|
| Acreage | 0.11 |
| Cooling | None |
|---|---|
| Heating | See Remarks |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Roof | See Remarks |
|---|---|
| Lot Features | Sprinklers None |
| Fencing | Chain Link |
| Utilities | See Remarks |
|---|
| State | CA |
|---|---|
| County | Ventura |
| City | Oxnard |
| Zip Code | 93030 |
| Area | VC31 Oxnard Northwest |
| Listing VS Median (in 93030) | |
Price: $1,049,000 low | high Med: $772,500 sqft: 2,900 low | high Med: 1,443 $ / sqft: $362 low | high Med: $537 On site: 23 low | high Med: 45 | |
| State | CA |
|---|---|
| County | Ventura |
| City | Oxnard |
| Zip Code | 93030 |
| Area | VC31 Oxnard Northwest |
| Listing VS Median (in 93030) | |
Price: $1,049,000 low | high Med: $772,500 sqft: 2,900 low | high Med: 1,443 $ / sqft: $362 low | high Med: $537 On site: 23 low | high Med: 45 | |
![]() | $1,049,000235 Cooper RoadOxnard, CA 93030 |