Beautiful multi-dwelling ranch property on a fully usable one-acre
lot. The main residence offers 5 bedrooms, 4 baths, including two
primary suites, along with extensive upgrades throughout. The
separate 2-bedroom, 1-bath ADU has its own address, independent
electric meter, gas and owned solar panels--just like the main
home.A charming mission-style fountain welcomes you at the front
entry, with three gated access points, including one with an
electric gate opener and a walk in gate. The property is ideal for
horses, featuring a corral and grazing area, plus mature
landscaping with over a dozen fruit and citrus trees, six pepper
trees along the frontage, three beautiful oak trees, and a rose
garden situated between both homes.Outdoor living is enhanced by a
built-in BBQ connected to one of the two 300-gallon propane tanks
(one dedicated to each home). Enjoy scenic mountain views toward
Camarillo from multiple vantage points.Both homes feature new
interior and exterior paint. The main residence includes
top-quality American-made engineered wood flooring throughout
most of the home, with marble flooring in the front family room and
tile flooring in all bathrooms. The kitchen has been fully
renovated with new cabinetry, quartzite countertops, and new
appliances. All bathrooms have been completely updated as
well.Additional features include a hidden room above the 3-car
garage, offering excellent storage or potential flex-space.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Parking Features: Circular Driveway, Concrete, Direct Access, Driveway, Garage Faces Front, Garage, Garage Door Opener, RV Access/Parking, See Remarks
Garage Spaces: 3
Interior Details
Full Bathrooms: 1
Interior Features: Beamed Ceilings, Breakfast Bar, Ceiling Fan(s), Granite Counters, High Ceilings, In-Law Floorplan, Open Floorplan, Stone Counters, See Remarks, Track Lighting, SeparateFormalDiningRoom, SunkenLivingRoom, Unfurnished, AllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary, MultiplePrimarySuites, PrimarySuite
Appliances: Double Oven, Electric Cooktop, Electric Oven, Propane Cooktop, Water Softener, Tankless Water Heater, Water Heater, PropaneRange, PropaneWaterHeater
Flooring Type: See Remarks
Laundry Features: In Garage, See Remarks
Has Fireplace
Fireplace Features: Family Room, Living Room, Propane, See Remarks, Wood Burning, GuestAccommodations
Patio and Porch Features: Porch, See Remarks, Concrete
Pool Features: None
Lot Features: Back Yard, Front Yard, Garden, Sprinklers In Front, Landscaped, ZeroToOneUnitAcre, HorseProperty, Lawn, LotOver40000Sqft, SprinklerSystem, Yard
Lot Size Area: 43560
Lot Size Units: Square Feet
Lot Size Acres: 1
Lot Size Square Feet: 43560
Water Source: Other, See Remarks
Utilities Details
Cooling Type: None
Heating Type: Central, Forced Air, Fireplace(s), Propane, Solar
Sewer : SepticTypeUnknown
Building Info
Overview
General
Year Built:
1979
Effective Year Built:
1979
Building Count:
1
Total Rooms:
6
Bedroom Count:
4
Bathroom Count:
4
Full Bathrooms:
3
Partial Bathrooms:
4
Building Condition:
3
Building Quality:
0
Construction Type:
6
Building Style:
0
Exterior Walls Type:
12
Interior Walls Type:
0
Roof Shape Type:
0
Roof Cover Type:
0
Floor Count:
100
Living Units:
1
Floor Cover:
0
Basement Type:
0
Basement Area:
0
Garage Type:
7
Garage Square Area:
801
Parking Space Count:
3
Patio Type:
59
Porch Type:
36
Pool Type:
0
Dimensions
Lot Size Square Feet:
43,560
Lot Size Depth Feet:
2,800
Lot Size Frontage Feet:
1,600
Total Building Area:
2,633
Gross Building Area:
2,633
Building Area:
2,633
Building Area Measurement:
L
Heating and Cooling
Fireplace Count:
1
Air Conditioning:
0
Heating:
4
Heated Square Feet:
2,633
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Land Acres:
0000001000
Standard Land Use Code:
1001
County Land Use Code:
1110
Legal Description 1:
LOT: B REF: 026PM 077
Neighborhood
School District Name:
Somis Union Elementary School District
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