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Great investment opportunity! This well-maintained 14-unit apartment complex features all two-bedroom, one-bath units, offering a desirable layout for tenants. The property boasts a low-maintenance design with a recently refreshed exterior, including a new roof (2023), upgraded electrical panels (2024), and fresh exterior paint (2025). A shared laundry room is available for tenants, and the property includes 14 on-site parking spaces for resident use. Current CAP rate is 4.68% with a potential 8.04% CAP rate at market rents. Located directly across from Normandie Park. The complex is also ideally situated near major freeways and shopping centers. Balcony inspection has been completed, ensuring compliance with safety regulations. The property is subject to the city of Los Angeles RSO. Don't miss this turn-key investment in a high-demand rental market!
Property Type(s):
Residential Income
| Last Updated | 3/11/2025 | Year Built | 1962 |
|---|---|---|---|
| Community | Harbor Gateway | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Gas Range, Water Heater |
| AREA | Harbor Gateway |
| CONSTRUCTION | Copper Plumbing, Drywall, Stucco |
| EXTERIOR | Rain Gutters |
| GARAGE | Asphalt, Assigned, Carport, Driveway, Paved |
| HEAT | Wall Furnace |
| HOA DUES | 0 |
| INTERIOR | Granite Counters, Laminate Counters, Tile Counters |
| LOT | 0.3 acre(s) |
| LOT DESCRIPTION | 0-1 Unit/Acre, Irregular Lot, Near Park, Near Public Transit |
| PARKING | Assigned,Asphalt,Carport,Driveway,Paved |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, Electric: Standard |
| VIEW | Yes |
| VIEW DESCRIPTION | Park/Greenbelt |
| WATER | Public |
| ZONING | LARD1.5 |
Location
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Listed with Porter Heritage
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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