44
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$2,350,000
Est. payment /mo
5 Beds
6 Baths
8,276 Sqft Lot
New
1469 Topa View Trl Newbury Park, CA 91320
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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. 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. Currently furnished, with furnishings available separately. Smart-home technology, Tesla charging, numerous upgrades, a private-road setting, and breath
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
NEARBY SCHOOL & BUSINESS
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