235 Cooper RoadOxnard, CA 93030

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.

Property Information

Property type

Commercial Sale

Sub-type

Hotel/Motel

Structure type

Hotel/Motel

Building area

2,900 Sq Ft

Lot dimensions

127x40

Days on market

7

MLS^® Listing#

V1-39218

Property Features

Cooling

None

Heating

See Remarks

Laundry

None

Fencing

Chain Link

Roof

See Remarks

Utilities

See Remarks

Water source

Public

Parcel number

2010051160

Directions

From Oxnard Blvd, turn east on Cooper Rd.