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Santa Rosa Mountain Villas is a unique and highly leasable 18-unit multifamily community built in 1987, comprising approximately 17,640 square feet of rentable space. The property consists of three identical two-story apartment buildings, each with a separate legal address (33071/33081/33091), situated on an approximately 56,628-square-foot lot. Also included in the offering is an additional contiguous, undeveloped 19,750-square-foot parcel featuring approximately 62 feet of frontage on Grand Avenue, property signage, and a sewer connection. Together, the parcels comprise approximately 1.75 acres, providing potential opportunities for the development of additional units on the improved parcel and/or the adjoining outparcel, subject to applicable zoning, entitlements, and governmental approvals. Each building contains six two-story, townhome-style residences and a laundry room providing additional owner income. Each approximately 980-square-foot unit features two bedrooms, one-and-one-half bathrooms, a private enclosed rear patio, central HVAC, and an individual water heater. Nearly all residences feature vinyl plank flooring throughout the first floor and upstairs full bathroom. In recent years, several units have received additional interior upgrades, including quartz or granite countertops in kitchens and bathrooms, as well as stainless-steel gas ranges, microwaves, and dishwashers. With its combination of townhome-style floor plans, substantial parking, lake and mountain views, operational efficiencies, additional land, and possible future development potential, Santa Rosa Mountain Villas presents investors with a distinctive multifamily investment opportunity in Southern California.
Property Type(s):
Residential Income
| Last Updated | 10/20/2026 | Year Built | 1987 |
|---|---|---|---|
| Community | 699 - Not Defined | County | Riverside |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 699 - Not Defined |
| EXTERIOR | Garden |
| HEAT | Central, Natural Gas |
| LOT | 1.7534 acre(s) |
| LOT DESCRIPTION | Back Yard, Front Yard, Garden, Greenbelt, Landscaped, Sloped Down |
| LOT DIMENSIONS | 76378 |
| PARKING | Assigned, Concrete, Unassigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Natural Gas Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Lake, Mountain(s) |
| WATER | Public |
| WATERFRONT DESCRIPTION | Lake |
Location
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Listed with REALTY MASTERS & ASSOCIATES
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 2026.
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