Endless potential awaits at 1014 Rialto St in Oxnard! This spacious 5-bedroom, 2-bathroom home sits on a large lot and offers a unique opportunity for investors, contractors, or buyers looking to add their personal touch. The property does need some work–flooring updates, kitchen renovation, dry rot repairs, and the windows and roof are original–but the upside is significant. The layout includes two separate living rooms, creating the possibility to convert the home into two units or design a comfortable space for a large or multi-generational family. Recent improvements include brand new plumbing completed in November 2024 and updated electrical done a few years ago, giving a strong foundation for the next phase of renovation. The lot is spacious with ample parking and room for outdoor expansion or even the addition of an ADU. Located just 15 minutes from the beach and close to schools, parks, and shopping, the location is ideal. The home’s curb appeal and flexible layout make it an excellent canvas for someone with vision. Whether you’re looking to renovate and resell, create rental income, or build your dream home, this property is priced to reflect its condition and ready for transformation. Don’t miss your chance to bring this diamond in the rough to life