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    850 Warwick Avenue

    Thousand Oaks, CA 91360
    • $16,495,000
    • STATUS: Active
    • ON SITE: 41 days
    • ID#: SR20187215
    Price Reduced
    UPDATED: 76 min ago
    $16,495,000
    • 0
      BEDS
    • 2.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 54,770
      SQFT
    • $301
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1973
    County:

    School Ratings & Info

    Description

    All 2 bedroom, 2 bath units. 100% occupied at time of publication. 90 parking space with room for additional. Courtyard property with gated pool. Wood frame/stucco with pitched composite roof. 54,770 square foot per assessor. Laundry room and recreation room. Storage and additional meeting rooms. Huge upside in rents post rehabilitation. Several loan options - interest only or amortized. Prime location with new construction adjacent. Extremely walkable to employment and retail.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T23:31:00.64. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/109850387
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    850 Warwick Avenue Thousand Oaks, CA 91360

    • Price: $16,495,000
    • Status: Active
    • Updated: 76 min ago
    • ID#: SR20187215
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.36
    Acres
    54,770
    SQFT
    $301
    $/SQFT
    1973
    Built
    Neighborhood:
    Other (Othr)
    County:
    Ventura
    Area:
    TOE - Thousand Oaks East
    Property Description
    All 2 bedroom, 2 bath units. 100% occupied at time of publication. 90 parking space with room for additional. Courtyard property with gated pool. Wood frame/stucco with pitched composite roof. 54,770 square foot per assessor. Laundry room and recreation room. Storage and additional meeting rooms. Huge upside in rents post rehabilitation. Several loan options - interest only or amortized. Prime location with new construction adjacent. Extremely walkable to employment and retail.
    Exterior Features

    Garage Spaces 0.00 Lot Features 21-25 Units/AcrePaved Lot Size Source Assessor Lot Size Units Square Feet Parking Features CarportCovered Parking Total 0.00 Parking YN Yes Pool Features CommunityFenced Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Common Area

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.25 Community Features CurbsGolfGuttersSidewalksSuburban Country Us Electric Expense 12782.00 Elevation Units Feet Fuel Expense 21573.00 Gross Income 1254156.00 Gross Multiplier 13.15 Gross Operating Income 1230216.00 Gross Scheduled Income 1254156.00 Insurance Expense 16552.00 Land Lease YN No Laundry YN Yes Maintenance Expense 74140.00 Maintenance Percent 6.00 Net Operating Income 701264.00 New Construction YN No New Taxes Expense 173198.00 Number Of Separate Electric Meters 50 Number Of Separate Gas Meters 50 Number Of Separate Water Meters 2 Operating Expense 528953.00 Operating Expense Percent 42.20 Pest Control Expense 13200.00 Pool Expense 4200.00 Professional Management Expense 95125.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Rancho El Conejo Supplies Expense 41377.00 Total Expenses 528953.00 Trash Expense 13615.00 Vacancy Allowance 23940 Vacancy Allowance Rate 2.00 Water Sewer Expense 57001.00 Water Source Public Year Built Source Seller Zoning R3

    Listing provided courtesy of Braemon Hanes of Hanes Investment Rlty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T23:31:00.64. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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