Check Availability
Moorpark 93021
65 Wicks Road
$2,400,000
↓ $100K (4%)
● Commercial - For Sale

65 Wicks Road

Moorpark, CA 93021
bedrooms
Studio
bathrooms
0 Bath
square feet
9,900 Ft²
$11,785
Est. Monthly

About This Property

South View Ranch Cottages is a rare Moorpark income-property opportunity offering strong in-place cash flow, rental upside, and a strategic location near the heart of Downtown Moorpark. The property features a collection of Spanish-style bungalow cottages with numerous improvements completed by current ownership, including updates to many interiors, tile roofs, security cameras and motion lights, rain gutters, coin-operated laundry facilities, and a secure onsite rent collection area. The cottages can be maintained in their current affordable housing use or further enhanced into a more elevated boutique rental community.Current gross scheduled rents are approximately $16,500/month, with projected rent potential of approximately $19,000/month depending on future improvements, management strategy, and market conditions. At the asking price of $2,750,000, the property offers an estimated current cap rate of approximately 5.50%-5.63%, with a potential cap rate of approximately 6.59%-6.72%, subject to buyer verification.Set on a hilltop plateau, the property enjoys sweeping views across Moorpark and the surrounding mountains. The grounds are well maintained with weekly gardening service, mature pepper trees, avocado trees, open green areas, and a peaceful residential setting that feels distinct from a typical rental property.The location adds to the upside. South View Ranch Cottages is near Moorpark's historic High Street and Downtown corridor, where redevelopment, mixed-use investment, transit-oriented planning, and community improvements continue to strengthen the area. Nearby amenities include Moorpark College, Underwood Family Farms, local trails, restaurants, shopping, and access to the greater Los Angeles market.This is an attractive opportunity for an investor seeking stable income today with meaningful upside through improved management, continued upgrades, and long-term positioning within one of Ventura County's most desirable growth communities.Buyer to verify all rents, expenses, rent-control status, zoning, permits, legal use, cap rate, and future development or repositioning potential.
Unit Size
9,900 Ft²
Days on Market
180 days
Land Size
-
Price per sqft
$242
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1981

Listed By

Paul Ward
Paul Ward
Keller Williams West Ventura County

Payment Calculator

Cap Rate Calculator

Last updated: 2 days ago (CRMLS #V1-36213)

Price History

Date / Event Date Event Price
Oct 31, 2026 Price Decreased $2,400,000
↓ $100K (4%)
Price Decreased
Sep 2, 2026 Price Decreased $2,500,000
↓ $250K (9.1%)
Price Decreased
May 5, 2026 Listed by Real Broker $2,750,000
Listed by Real Broker

Property Highlights

Parking Details
Has Carport
Interior Details
Laundry Features: Common Area
Exterior Details
Square Footage: 9900
Security Features: Closed Circuit Camera(s), Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights
Year Built Source: Assessor
Year Built: 1981
Building Name: Moorpark Ranch View South Cottages
Building Area Total: 9900
Building Area Units: Square Feet
Construction Materials: Stucco
Lot Features: LotOver40000Sqft
Lot Size Area: 1.81
Water Source: Public
Utilities Details
Cooling Type: Electric, Wall/Window Unit(s)
Heating Type: Wall Furnace

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20190607
06/07/2019
Studio
-
11800 ft²
$1,900,000
bedrooms
Studio
bathrooms
-
square feet
11800 ft²
-
-
-

Building Info

65 Wicks Road 65 Wicks Road, Moorpark, CA 93021
  • 1 Unit for Sale
More about this Building
65 Wicks Road
Want to find out who owns 65 Wicks Road, Moorpark, CA 93021? Get detailed property transactions here.

About Moorpark


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4874 Arroyo Run, MOORPARK, CA, 93021

$4,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,908 ft²
4874 Arroyo Run, MOORPARK, CA, 93021 Listing by Robin Gaur
Unit for rent at 4745 Avedon Road, MOORPARK, CA, 93021

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,479 ft²
4745 Avedon Road, MOORPARK, CA, 93021 Listing by Perry Abourisk