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.
Multi-familyProperty Type
1930Year Built
5,105 sq ftLot Size
$362Price/Sq.Ft.
Listed by Michael Delgado•DRE #01341386• Century 21 Masters
R.J. Frank Academy of Marine Science & Engineering
Public 6-8 • Assigned • 0.5mi
5/10
Pacifica High School
Public 9-12 • Assigned • 0.8mi
5/10
Provided by GreatSchools
About La
Colonia
La Colonia, located between the Santa Clara River and Downtown Oxnard, is a historic and residential Oxnard neighborhood with a grid of early 20th-century cottages and a strong street-level rhythm of corner markets. The neighborhood’s character concentrates around Saviers Rd near 5th St, where taquerias, panaderías, and small storefronts keep sidewalks active. Murals and modest bungalows sit alongside low-rise apartments, giving blocks a lived-in, local feel. Plaza Park acts as the main green pause, with courts and open lawn space. The Oxnard Performing Arts Center and Carnegie Art Museum add a cultural counterpoint a short ride away. Amtrak and Metrolink service at the Oxnard Transit Center links the area to the wider coast.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Bedroom
Bedrooms
14 bedrooms
Bathrooms
4 full bathrooms
Flooring
Other flooring
Heating & cooling
Heating
Other cooling
Home design
Residential income property
Two levels
Entry location: Other
Construction
Built in 1930
Financial info
Cash offers
Property to be taken as is
Electricity and solar
View estimated energy costs and solar savings for this home