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We are pleased to present this well-positioned triplex that features (1) 3-Bed/2-Bath, (1) 1-Bed/1-Bath, and (1) Studio unit, offering a flexible and diverse unit mix ideal for strong cash flow and tenant demand. Situated on an expansive 9,500+ sq. ft. lot, this single-story triplex provides tenants with private backyards and ample on-site parking, elevating the overall rentability of the property. Extensively renovated and meticulously maintained, recent capital improvements include new copper plumbing, updated electrical systems, split A/C units, new dual-pane windows, new kitchens, modern flooring, and new privacy fencing"”resulting in low operating costs and minimal deferred maintenance. Each unit is separately metered for gas and electricity, maximizing NOI and reducing landlord expenses. With a GRM of 8.93 and an impressive current Cap Rate of 7.92%, this stabilized asset offers exceptional in-place cash flow with upside potential in rents. Perfect for 1031 buyers, first-time multi-family investors, or seasoned operators seeking strong yield in a low-maintenance asset. Don't miss this rare chance to own a turn-key triplex in a high-demand rental corridor
Property Type(s):
Residential Income
| Last Updated | 7/2/2025 | Year Built | 1956 |
|---|---|---|---|
| Community | SRCAR - Southwest Riverside County | County | Riverside |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | SRCAR - Southwest Riverside County |
| HEAT | None |
| LOT | 9540 sq ft |
| LOT DIMENSIONS | 016 |
| PARKING | Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with RE/MAX 2000 REALTY
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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