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Sandra Acra

sandraacra@gmail.com +1(858) 519-2019

$ 2,350,000

Est. payment | -/mo

5 Beds

6 Baths

8,276 Sqft Lot

Save

$ 2,350,000

Est. payment | -/mo

Save

5 Beds

6 Baths

8,276 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26141808

Bedrooms 5

Lot Size 8,276 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

*****RARE INCOME-PRODUCING NEWBURY PARK HILLSIDE COMPOUND THREE LEGAL ADDRESSES: 1469, 1471 & 1473! LIVE IN ONE, RENT THE OTHER THREE! Offering approximately 4,046 SF of combined living space with spectacular panoramic Conejo Valley views. Three of the four unitsthe main residence and two ADUsare currently rented and generating approximately $15,000/month in gross rental income, while the owner occupies the fourth unit. Property will be delivered vacant at close of escrow, giving the new owner maximum flexibility to occupy, re-lease, or reposition the residences. An exceptional opportunity for investors, 1031 exchange buyers, or owner-users seeking strong income, flexibility, and future upside. *****The property features a 2,456 SF main residence (3BD/2.5BA), an attached 622 SF 1BD/1BA residence with full kitchen, plus two additional 1BD/1BA residences of approximately 480 SF and 488 SF, currently in the final stages of approval. One ADU offers potential for an approximately 700 SF expansion and possible conversion into a 2-bedroom residence, creating additional future income potential. Buyer to independently verify feasibility, permits, square footage, and permitted use. *****Each unit is equipped with appliances including refrigerator, washer, dryer, dishwasher, and more. Located in an unincorporated area offering a rare opportunity for short-term rental business, the property provides exceptional income-producing potential. Each living area offers privacy and separationideal for short-term or extended-stay rentals, corporate housing, or multi-generational living. Curren

Location

State CA

County Ventura

Zoning Assessor

Direction *South on Ventu Park Rd. to Lynn Rd. *Turn Right. *Immediate left onto Newbury Rd. *Follow it around to Kathleen and turn left.

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 6730150700

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Hana Ishak, DRE#01093446 Equity Union

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(858) 519-2019

sandraacra@gmail.com

Learn More About LPT Realty

1469 Topa View Trl Newbury Park, CA 91320