50 Portal St - Multi-Family FOR SALE


Oak View, CA 93022
$1,099,000 USD
805-646-9800
50 Portal St, Oak View, CA for Sale
$1,099,000 USD
Multi-Family - FOR SALE
1/33
null | Request Cap Rate

50 Portal St
Oak View, CA 93022


HIGHLIGHTS

  • Separate yard and entrances for each unit
  • Fenced back yards

OVERVIEW

DUPLEX: Discover this unique duplex opportunity in the heart of Oak View, offering two separate homes with distinct yards on a .23-acre lot. Ideally located with easy access to both Ojai and Ventura, this property offers flexibility, convenience, and strong investment potential. The larger home (#50) features 3 bedrooms/2 bathrooms and has been thoughtfully upgraded with newer wood and tile flooring, and an updated kitchen and bathrooms. The smaller home (#52) features 2 bedrooms/1 bathroom, is in good condition, and features an additional yard space with a storage shed and a highly productive orange tree. Whether you are looking to maximize rental income by leasing both units or prefer to live in one and rent the other to help offset your mortgage, this property offers a smart and adaptable setup. This is an excellent opportunity for investors or owner-occupants alike!

FOR SALE DETAILS

PRICE

$1,099,000 USD

PRICE/SF

$584 USD /SF

# OF UNITS

2

PRICE/UNIT

$549,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

50 E. Portal Street, Oak View, CA 93022

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RE1

APN/PARCEL ID

034-0-142-165

ASK ABOUT THIS PROPERTY

Raymond DeckertKellerWilliamsWestVenturaCountMore Info
805-646-9800

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Raymond DeckertKellerWilliamsWestVenturaCountMore Info
805-646-9800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.