Request More Info
Schedule a Showing
Share
Print
|
Exceptional investment opportunity this well-maintained fourplex delivers commercial-level income performance while retaining the advantages of residential financing and management simplicity. The property features two spacious 3-bedroom, 1.5-bath units, one unit currently configured as a 1-bedroom with approved plans to convert to a 2-bedroom, 2-bath (excellent value-add potential), and a fourth 1-bedroom, 1-bath unit. Notably, two of the units were newly constructed in 2025, offering modern finishes and reduced maintenance concerns. Each unit is equipped with in-unit laundry, enhancing tenant appeal and retention. Recent capital improvements include a new electrical panel, upgraded main service, new water main, and a newly completed driveway with six off-street parking spaces. What truly sets this asset apart is its ability to generate income comparable to a commercial property, while benefiting from residential lending flexibility, broader buyer demand, and fewer operational complexities. This makes it an ideal acquisition for both seasoned investors and those looking to scale into higher-performing assets without taking on traditional commercial risk.
Property Type(s):
Residential Income
| Last Updated | 4/3/2026 | Year Built | 1929 |
|---|---|---|---|
| Community | 699 - Not Defined | County | Monterey |
Additional Details
| AIR | None |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 699 - Not Defined |
| LOT | 7078 sq ft |
| LOT DIMENSIONS | 7078 |
| SEWER | Public Sewer |
| STORIES | 1 |
| TAXES | 6707 |
| WATER | Public |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with 36 North Properties
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.
Twitter
Facebook
Email