North Moorpark (NMP) Homes with Duplex Subtype

North Moorpark (NMP) Homes with Duplex Subtype

Welcome to North Moorpark (NMP), a hidden gem nestled in the heart of Ventura County, California. Known for its picturesque landscapes and family-friendly atmosphere, NMP is a vibrant community that offers a unique blend of suburban charm and modern convenience. With its rolling hills, lush parks, and a warm climate, this area is perfect for those seeking an idyllic lifestyle away from the hustle and bustle of city life.

North Moorpark boasts a rich array of amenities, including top-rated schools, local shops, and delightful dining options. Whether you're enjoying a leisurely stroll in one of the nearby parks or exploring the charming downtown area, you'll find that NMP is a welcoming place to call home.

For those considering a move to this enchanting region, homes with a duplex subtype offer an attractive opportunity. Duplexes in North Moorpark provide the perfect balance of privacy and community living. Ideal for multi-generational families or those seeking supplemental rental income, these properties feature two separate living spaces within one structure, allowing for flexibility and comfort. Many duplexes in the area are designed with modern finishes and spacious layouts, ensuring that residents enjoy both style and functionality.

Living in North Moorpark means embracing a lifestyle enriched by natural beauty, community spirit, and a diverse range of housing options. If you're searching for a home that combines the advantages of duplex living with the charm of a thriving neighborhood, look no further than North Moorpark. Your dream home awaits!

Newest North Moorpark (NMP) Homes with Duplex Subtype

$2,750,000
V1-36213 MLS Active Status Moorpark Ranch View South Cottages BLDG.
SELLER FINANCING WITH 20% DOWN to qualified buyers. South View Ranch Cottages is a rare Moorpark income-property opportunity offering strong in-place cash flow, rental upside, and a strategic location near the heart of Downtown Moorpark. The property features a collection of Spanish-style bungalow cottages with numerous improvements completed by current ownership, including updates to many interiors, tile roofs, security cameras and motion lights, rain gutters, coin-operated laundry facilities, and a secure onsite rent collection area. The cottages can be maintained in their current affordable housing use or further enhanced into a more elevated boutique rental community.Current gross scheduled rents are approximately $16,500/month, with projected rent potential of approximately $19,000/month depending on future improvements, management strategy, and market conditions. At the asking price of $2,750,000, the property offers an estimated current cap rate of approximately 5.50%-5.63%, with a potential cap rate of approximately 6.59%-6.72%, subject to buyer verification.Set on a hilltop plateau, the property enjoys sweeping views across Moorpark and the surrounding mountains. The grounds are well maintained with weekly gardening service, mature pepper trees, avocado trees, open green areas, and a peaceful residential setting that feels distinct from a typical rental property.The location adds to the upside. South View Ranch Cottages is near Moorpark's historic High Street and Downtown corridor, where redevelopment, mixed-use investment, transit-oriented planning, and community improvements continue to strengthen the area. Nearby amenities include Moorpark College, Underwood Family Farms, local trails, restaurants, shopping, and access to the greater Los Angeles market.This is an attractive opportunity for an investor seeking stable income today with meaningful upside through improved management, continued upgrades, and long-term positioning within one of Ventura County's most desirable growth communities.Buyer to verify all rents, expenses, rent-control status, zoning, permits, legal use, cap rate, and future development or repositioning potential.

65 Wicks Road, Moorpark

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.