RARE MIXED-USE INVESTMENT OPPORTUNITY - RESIDENTIAL & COMMERCIAL INCOME. Excellent opportunity to own a versatile mixed-use property featuring commercial frontage and private residential accommodations in the rear, all situated on a generous 7,000 sq. ft. lot! With multiple income streams and a potential gross rental income of $8,280 per month ($99,360 annually), this property offers tremendous flexibility for investors, business owners, or owner-users. COMMERCIAL FRONTAGE: Two separate office spaces with excellent street exposure. The larger office offers approximately 800 sq. ft., a private restroom, and a rear patio area. Currently vacant, with estimated rental income of $1,780 per month. The second office offers approximately 300 sq. ft., its own restroom, and is currently rented for $900 per month. Potential for office-to-ADU conversion, subject to city approval. PRIVATE RESIDENTIAL LIVING: Behind the gated entrance, discover a spacious 3-bedroom plus den, 2-bath residence featuring a dedicated laundry area, concrete side yard, and abundant driveway parking. The private, gated setting provides separation from the commercial frontage. Currently rented for $3,725 per month. ADDITIONAL CASITA: A separate approximately 400 sq. ft. studio casita provides another valuable income stream, currently rented for $1,875 per month. The property has benefited from numerous improvements, including plumbing and electrical upgrades. Expansive concrete areas, gated access, generous parking, and multiple independent rental spaces add to the property's versatility and appeal, Downtown Oxnard conveniences. FOUR INCOME STREAMS! Ideal for investors seeking rental income, entrepreneurs looking to operate a business while collecting residential rents, or buyers exploring future possibilities. LIVE, WORK, INVEST, AND COLLECT RENT -- ALL ON ONE PROPERTY!
Multi-familyProperty Type
1950Year Built
7,000 sq ftLot Size
$440Price/Sq.Ft.
Listed by Michael Delgado•DRE #01341386• Century 21 Masters
Wilson, located between Downtown Oxnard and the Channel Islands Harbor area, is a residential and civic Oxnard neighborhood with a grid of early- to mid-century streets and a working, everyday commercial rhythm. The neighborhood’s character concentrates around S Oxnard Blvd and W 5th St, where taquerias, panaderías, and small storefronts line the corridor in a steady daytime hum. Housing reads as compact bungalows and postwar single-story homes with tidy yards and mature street trees. Civic life shows up in the nearby Oxnard Public Library and the Oxnard Performing Arts Center, anchoring arts and public programming. The Oxnard Transit Center adds a commuter pulse, while Plaza Park and nearby green spaces set a calm counterpoint. Flat terrain and wide streets keep the area oriented to walking, biking, and short drives across town.
Provided by Walk Score and Local Logic
Offer insights
118 S B St · $1,099,999
$1.14M and above
75% chance or better to win
Why $1.14M+ is a strong offer
DAYS ON MARKET
2 days
The average home goes pending in 32 days.
SALE-TO-LIST
97.9%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Bathroom
Bedroom
Living
Bedrooms
4 bedrooms
Bathrooms
5 full bathrooms
1 half bathroom
Flooring
Other flooring
Home design
Residential income property
Ground-level property
Main-level entry
Parking
0 garage spaces
Construction
Built in 1950
Electricity and solar
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Public record
Public record
Zoning
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Style
Multi-Family (2-4 Unit)
County
Ventura County
APN
2020054110
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Last updated by owner on Oct 23, 2026.
C2
General Commercial Zone
The purpose of the C-2 zone is to provide a district for retail centers and free-standing commercial along arterial roads. This zoning district also accommodates offices, live/work and mixed-use commercial and residential development.
Permitted uses
Include but are not limited to:
Bank
Day care facility
Laundromat
General retail
Retail-Grocery
Restaurant
Office
Research & development
Fire house
Police station
Historical weather
Oxnard, CA • 93030
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Sun exposure
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Provided by Shadowmap
Redfin Estimate for 118 S B St
$1,099,808
$191 under list price of $1.10M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $715K to $1.1M.