5690 Cypress Rd - Apartments FOR SALE


Oxnard, CA 93033
$4,000,000 USD
707-815-7472
5690 Cypress Rd, Oxnard, CA for Sale
$4,000,000 USD
Apartments - FOR SALE
1/22
null | 8% Cap Rate

5690 Cypress Rd
Oxnard, CA 93033


HIGHLIGHTS

  • POTENTIAL USES | MULTIFAMILY RESIDENTIAL, CONDOMINIUMS, AFFORDABLE HOUSING
  • OPTION FOR COVERED LAND PLAY
  • CROSS STREETS | HUENEME RD & CYPRESS RD

OVERVIEW

The Boyett team is excited to present a unique investment opportunity: 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, or Condominiums, 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

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$484 USD /SF

# OF UNITS

13

PRICE/UNIT

$307,692

CAP RATE

8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

R3PD

APN/PARCEL ID

223-0-041-030

ASK ABOUT THIS PROPERTY

John BoyettCBRE Boyett TeamMore Info
707-815-7472

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John BoyettCBRE Boyett TeamMore Info
707-815-7472

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.