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Executive Summary
Well maintained 1963 two story fourplex offering four identical 935 sq ft, 2 bed/1 bath units. A rare opportunity in the Port Hueneme income market, where multi unit properties seldom come available. Strong rents generate $10,161 per month ($2,540 unit average), equating to $121,932 annually. Operating costs remain low with separately metered gas and electric; fixed annual expenses (excluding property taxes) total just $10,655, including insurance, utilities, water/sewer, and landscaping. An attractive, stable investment with solid cash flow in a supply constrained coastal market.
Property Facts
| Price | $1,595,000 | Apartment Style | Low-Rise |
| Price Per Unit | $398,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Gross Rent Multiplier | 13.1 | Building Size | 3,740 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 2.13/1,000 SF |
| Zoning | R3 | ||
| Price | $1,595,000 |
| Price Per Unit | $398,750 |
| Sale Type | Investment |
| Gross Rent Multiplier | 13.1 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 3,740 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 2.13/1,000 SF |
| Zoning | R3 |
Amenities
Unit Amenities
- Washer/Dryer Hookup
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 935 |
1 1
Somewhat walkable
30/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 206-0-052-320 | Improvements Assessment | $466,931 |
| Land Assessment | $886,109 | Total Assessment | $1,353,040 |
Property Taxes
Parcel Number
206-0-052-320
Land Assessment
$886,109
Improvements Assessment
$466,931
Total Assessment
$1,353,040
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140 E A St
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