511 N 5th, Port Hueneme, CA, CA 93041
- $1,195,000
- List Price
- $1,195,000
- Status
- ACTIVE
- MLS#
- V1-37103
- County
- Ventura
- Year Built
- 1956
- Building Square Feet
- 2,341
- Square Feet
- 5,373
- Days on Market
- 25
- Property Type
- Multifamily
- Stories
- One Level
- Neighborhood
- Oxnard: Other - 0033
Property Description
511 N. 5th St presents a rare opportunity for both an investor or an owner-user to acquire a triplex in the sought-after coastal community of Port Hueneme. Situated on a street-to-street lot, the property features a detached 2BD/1BA home plus garage and a separately accessed duplex composed of 1BD/1BA units each with single car garages. Per 2022 appraisal front house measures 936 SF and each unit of duplex is 702 SF (Buyer to verify). Each dwelling is equipped with its own separate gas, electricity, and water meter greatly reducing the expense load for an owner. Tenants pay all utilities including trash. Each unit also has laundry hookups.The property is conveniently located approximately one mile from Port Hueneme Beach and Pier and attracts a diverse range of tenants from the nearby Naval Base, employees of the Port of Hueneme, and the region's surrounding agricultural workforce while benefiting from being situated in an extremely low turnover coastal marketplace. The unique attributes of this property which includes 2 detached structures, garage spaces, laundry hookups, separately metered utilities and separate yard spaces make this attractive for both investors and owner users.
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Additional Information
- Parcel Number
- 2070130085
- Rent Control
- Yes
- Gross Scheduled Income
- $80,664
- Operating Expense
- 20375
- Net Operating Income
- $60,288
- Number of Buildings
- 2
- Lot Features
- Sprinklers None
- Appliances
- Electric Range, Gas Range, Refrigerator
- Heat
- Wall Furnace
- View
- None
- Exterior Construction
- Drywall, Concrete
- Garage Spaces Total
- 3
- Community Features
- Biking, Curbs, Fishing, Sidewalks
Listing courtesy of Listing Agent: Jason Liehr (jason@beachsidepartners.com) from Listing Office: Beachside Partners.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.