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Located within the walkable Old Town corridor, 56190 Papago Trail is a fully renovated triplex engineered for operational simplicity and consistent cash flow. The property was comprehensively improved in 2023 & 2024, substantially reducing near-term capital expenditure risk. All units are single-story and feature two-bedroom layouts, including two two-bedroom, one-bath units and one two-bedroom, two-bath unit. Three garage spaces and additional on-site parking further support tenant retention and ease of management. With the renovation complete, ownership steps into a stabilized asset requiring limited oversight beyond routine operations. The uniform floor plans and updated systems create a predictable income profile in a supply-constrained Old Town submarket. The property is extremely well-positioned for a 1031 exchange capital seeking a durable yield without redevelopment exposure. This asset may be acquired alongside the renovated triplex at 7428 Acoma Trail and the four nearby RS-5 zoned residential infill parcels, allowing an investor to pair stabilized income with strategic land control within the same Old Town footprint.
Property Type(s):
Residential Income
| Last Updated | 2/25/2026 | Year Built | 1986 |
|---|---|---|---|
| Community | DC521 - Central West | Garage Spaces | 3.0 |
| County | San Bernardino |
Additional Details
| APPLIANCES | Washer/Dryer Stacked |
|---|---|
| AREA | DC521 - Central West |
| GARAGE | Yes |
| LOT | 0.34 acre(s) |
| LOT DIMENSIONS | 0.34 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| WATER | Public |
Location
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Listed with Marcus & Millichap RE Invest
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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