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Located just a few blocks from University Avenue's dining, shops, and retail, this well-maintained 4-unit multi-family offers investors a rare combination of in-place stability and proven upside in one of the Bay Area's most resilient rental submarkets. The desirable unit mix consists of one 3-bedroom/2-bath unit, two 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit, totaling 3,169 SF across the building, on a 5,100 SF lot. Each unit benefits from a private yard space or a balcony. 4 garage bays. Built in 1963, the property has recently completed all required SB-721 balcony work as of July 2026, with full clearance and permitting in place. Two units offer in-unit laundry, with the remaining two served by an on-site shared laundry room. The property offers meaningful upside across all four units, with rents currently below market. 94301 has posted consistent year-over-year rent growth, outperforming the broader metro and reflecting strong submarket fundamentals stable cash flow today, plus a clear path to further rent growth. This property can be purchased individually or as a combined 12-unit portfolio with the adjacent 5-unit property at 252-262 Everett Avenue and triplex at 270 Everett. Incredible opportunity!
Property Type(s):
Residential Income
| Last Updated | 9/22/2026 | Year Built | 1963 |
|---|---|---|---|
| Community | 699 - Not Defined | Garage Spaces | 4.0 |
| County | Santa Clara |
SCHOOLS
| Elementary School | Other |
|---|---|
| Jr. High School | Other |
| High School | Palo Alto |
Additional Details
| AIR | None |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Refrigerator |
| AREA | 699 - Not Defined |
| GARAGE | Yes |
| HEAT | Central, Wall Furnace |
| LOT | 5101 sq ft |
| LOT DIMENSIONS | 5100 |
| PARKING | Off Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| TAXES | 36957 |
| WATER | Public |
Location
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Listed with Coldwell Banker 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.
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