Oxnard, CA 93033,5690 Cypress RD
Oxnard, CA 93033,5690 Cypress RD
Oxnard, CA 93033,5690 Cypress RD
Oxnard, CA 93033,5690 Cypress RD
Oxnard, CA 93033,5690 Cypress RD
Oxnard, CA 93033,5690 Cypress RD
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$ 4,000,000
Est. payment | /mo

0.7 Acres Lot


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$ 4,000,000
Est. payment | /mo
Save

0.7 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25480661

HOA Y/N No

Lot Size 0.700 Acres

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.

Location

State CA

County Ventura

Area Vc34 - Oxnard - Southeast

Zoning R3PD

Interior

Fireplace No

Exterior

View Y/N Yes

Building

New Construction No

Others

Senior Community No

Tax ID 2230041030

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by John Boyett • CBRE

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

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Exceptional Realtors

There are a number of solid and competent realtors that can help you navigate the paperwork needed to either close a sale or negotiate a purchase of a home. The number of exceptional realtors who can develop a effective markeketing plan based on research, investment and strength of intellect and character are few and hard to find. Patrick and Ruby Raymond are those exceptional realtors. In addition, the other members of their team were each exceptional and epitomize professionalism. When Patrick first approached me, he stated a price than our home would generate that exceeded what I thought the market would bear. Then he proceeded to explain how this sale price could happen. First, he knew our neighborhood and its strength and weaknesses regarding its saleability. Next, he revealed the investments he had made to obtain a data base of pre-qualified buyers from throughout our state and around the country. Finally, Patrick and Ruby provided an in depth strategy on how to stage our home, establish timelines, and present tools they would use to sell the home. Some of their strategies were known but not always followed by other realtors, and additional strategies were proprietary to the Raymond team. The result was that we received three offers each either meeting of exceeding what Patrick and Ruby first told us our home could sell for. Throughout the process they both remained calm and focused even when little hickups occurred. It was a learning experience for us when we had questions about staging the home I found out later from the buyers how much Rubys’ strategies influenced their purchasing decision. Needless to say it is without any reservations that we would recommend the Raymond team whether you are purchasing or selling a home. P.S. They even gave us great input on strategies on how to buy our current home in a very competitive market.

Heather Squire

Transparent, Reliable & Honest

Ruby was extremely helpful, open, transparent, and reliable through the whole process, she really cared about us, understood our needs. Ruby was always available to answer our questions. Ruby really is the best! She was thorough and professional and great to work with. She scheduled the inspection and pest company, made it so easy to get everything done. She was honest and forthright- no games. Would use her again tomorrow if we were to buy or sell in the area.

How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

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