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$1,195,000
Est. payment /mo
4 Beds
3 Baths
5,373 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID V1-37103
Bedrooms 4
Lot Size 5,373 Sqft
Property Sub-Type Res Income 2-4 Units
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.
Location
State CA
County Ventura
Zoning Public Rec
Direction Head south on E Clara St, then right onto 5th St
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 2070130085
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Listed by Jason Liehr, DRE#02152826 Beachside Partners
Nearby School & Business
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