$1,200,000
SOLD APR 11, 2025
4 Beds
3 Baths
-- Sq Ft
3,049 Sq Ft Lot

Recently Sold

4% Above List Price

18 Days on Market

Highlights

  • Beach Access
  • Traditional Architecture
  • Living Room
  • Fishing
  • Main Floor Bedroom
  • Laundry Room

About This Home

As of April 2025

Rare Triplex Investment Opportunity in the sought after Silverstrand beach community. Don't miss this prime investment opportunity- a rare 3-unit triplex less than a mile from Silverstrand Beach! With a proven rental history spanning more than a decade, this property offers strong income potential in a highly desirable coastal location. The triplex includes two 1-bedroom units and one 2-bedroom unit, each featuring spacious kitchens, private entries, and yard space for added comfort. Additional perks include parking for all three units, garage storage, and laundry hookups, highly sought-after amenities for tenants. Conveniently situated near the Port Hueneme Base, this property attracts long-term renters and is close to shopping, dining, and local attractions. Whether you're looking to expand your investment portfolio or live in one unit while renting out the others, this is a fantastic opportunity you won't want to miss!

Last Agent to Sell the Property

Melissa Hunter

eXp Realty of California Inc License #01886742 Listed on: 02/05/2025

eXp Realty of California Inc

Last Buyer's Agent

Maria Cervantes

Manna Realty License #01267890

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 3,049 Sq Ft Lot
  • 1 Common Wall
  • Vinyl Fence
  • Fence is in excellent condition
  • No Sprinklers

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Triplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Formal Entry
  • Living Room
  • Gas Oven

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • Accessible Parking
  • Beach Access

Listing and Financial Details

  • Tax Lot 505
  • Assessor Parcel Number 2060315230
  • Seller Considering Concessions

Community Details

Overview

  • 3 Units
  • Silverstrand Beach 0308 Subdivision
  • Silverstrand Beach

Recreation

  • Fishing
  • Park
  • Water Sports
  • Bike Trail

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $3,384
  • Fuel Expense $385
  • Insurance Expense $2,500
  • Maintenance Expense $2,100
  • Water Sewer Expense $3,216
  • Operating Expense $11,592
  • Gross Income $49,908
  • Net Operating Income $49,908

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Park Name: Silverstrand Beach
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Silverstrand Beach - 0308
  • View: No
  • Water Sewer Expenses: 3216.00
  • Zoning: RBH
  • Architectural Style: Traditional
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 2060315230
  • Year Built: 1970
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Room Type: Formal Entry, Kitchen, Main Floor Bedroom, Living Room

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Excellent Condition, Vinyl
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, Concrete, On Site, Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Available
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Heating Type: Wall Furnace, Ductless, Natural Gas
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Watersports, Park, Fishing

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Electric Expense: 3384.00
  • Fuel Expense: 385.00
  • Gross Income: 49908.00
  • Gross Scheduled Income: 61500.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 3049.0000 Square Feet
  • Maintenance Expense: 2100.00
  • Net Operating Income: 49908.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 11592.00
  • Other Expense Description: Property Management is 7% annually
  • Rent Control: No
  • Total Expenses: 11592.17
  • Waterfront Features: Beach Access

Tax Info

  • Tax Lot: 505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Dec 9, 2022
Sold by
France Rose Rouard 2005 Living Trust
Bought by
Jasmine Elbek & Vaughn Elbek Revocable Trust
Seller's Agent
John Eash
Stark Realty, Inc
Buyer's Agent
Jason Walters
eXp Realty of California Inc
List Price
$839,500
Sold Price
$849,500
Premium/Discount to List
$10,000
1.19%
Views
41
Current Estimated Value
$1,186,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,775
Avg. Annual Appreciation
11.77%
Original Mortgage
$629,625
Outstanding Balance
$611,177
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$575,098

Purchase Details

Closed on
Oct 6, 2005
Sold by
Rouard France Rose and Rouard John
Bought by
Rouard France Rose
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $849,500 Chicago Title
Interfamily Deed Transfer -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $629,625 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2025 04/11/25 Sold $1,200,000 +4.3% --
02/23/2025 02/23/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $1,150,000 +35.4% --
12/27/2022 12/27/22 Sold $849,500 +1.2% $429 / Sq Ft View Prior Sale
12/03/2022 12/03/22 Pending -- -- --
11/17/2022 11/17/22 For Sale $839,500 -- $424 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,384 $883,819 $654,931 $228,888
2024 $10,384 $866,490 $642,090 $224,400
2023 $9,864 $849,500 $629,500 $220,000
2022 $6,948 $602,616 $432,340 $170,276
2021 $6,945 $590,800 $423,862 $166,938
2020 $2,598 $219,471 $89,024 $130,447
2019 $2,561 $215,169 $87,279 $127,890
2018 $2,476 $210,951 $85,568 $125,383
2017 $2,386 $206,816 $83,891 $122,925
2016 $2,315 $202,762 $82,247 $120,515
2015 $2,258 $199,717 $81,012 $118,705
2014 $2,235 $195,807 $79,426 $116,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-27987

Ventura County Regional Data Share

APN: 206-0-315-230