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Charming Multi-Unit Property with Tremendous Potential First Time on the Market Since 1993 This exceptional property is being offered for the first time in over three decades, lovingly maintained by the original owners. Nestled on a spacious 7,500+ square foot lot, this unique opportunity invites you to explore its potential for expansion, including the addition of extra units. Key Features: "¢ Long-Term Tenants: Each unit is occupied by long-term residents who show pride in their homes and create a strong sense of community within the building. "¢ Unit Details: The property comprises well-maintained 1-bedroom, 1-bathroom units, ideal for tenants seeking comfortable and cozy living spaces. "¢ Upgrades: The property boasts a newer roof and updated wall heaters, reflecting the meticulous care and attention it has received over the years. "¢ Expansion Opportunity: With its expansive lot size of over 7,500 square feet, there's plenty of room to add additional units, maximizing rental income potential. Additional Information: This property is being sold alongside its sister building, located at 414 Island SB25145484, offering a rare chance to acquire two prime investments simultaneously. The seller is motivated, providing an excellent opportunity for investors or those looking to expand their portfolio. Don't miss out on this rare gem"”ideal for both seasoned and first-time investors. Schedule your viewing today!
Property Type(s):
Residential Income
| Last Updated | 6/28/2025 | Year Built | 1954 |
|---|---|---|---|
| Community | 196 - East Wilmington | Garage Spaces | 4.0 |
| County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | 196 - East Wilmington |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 7514 sq ft |
| PARKING | Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Electricity Connected, Natural Gas Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Keller Williams 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.
This IDX solution is (c) Diverse Solutions 2025.
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