Property Detail

Description

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.