Log In/Sign Up
Your email has been sent.
50 Portal St - 50 E. Portal Street, Oak View, CA 93022 2 Unit Apartment Building Offered at $1,495,200 CAD Oak View, CA 93022
Investment Highlights
- Separate yard and entrances for each unit
- Fenced back yards
Executive Summary
DUPLEX: Discover this unique duplex opportunity in the heart of Oak View, offering two separate homes with distinct yards on a .23-acre lot. Ideally located with easy access to both Ojai and Ventura, this property offers flexibility, convenience, and strong investment potential.
The larger home (#50) features 3 bedrooms/2 bathrooms and has been thoughtfully upgraded with newer wood and tile flooring, and an updated kitchen and bathrooms. The smaller home (#52) features 2 bedrooms/1 bathroom, is in good condition, and features an additional yard space with a storage shed and a highly productive orange tree.
Whether you are looking to maximize rental income by leasing both units or prefer to live in one and rent the other to help offset your mortgage, this property offers a smart and adaptable setup. This is an excellent opportunity for investors or owner-occupants alike!
The larger home (#50) features 3 bedrooms/2 bathrooms and has been thoughtfully upgraded with newer wood and tile flooring, and an updated kitchen and bathrooms. The smaller home (#52) features 2 bedrooms/1 bathroom, is in good condition, and features an additional yard space with a storage shed and a highly productive orange tree.
Whether you are looking to maximize rental income by leasing both units or prefer to live in one and rent the other to help offset your mortgage, this property offers a smart and adaptable setup. This is an excellent opportunity for investors or owner-occupants alike!
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,495,200 CAD | Property Type | Multifamily |
| Price Per Unit | $747,600 CAD | Building Size | 1,882 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Gross Rent Multiplier | 16 | No. Stories | 1 |
| No. Units | 2 | Year Built/Renovated | 1963/2020 |
| Zoning | RE1 | ||
| Price | $1,495,200 CAD |
| Price Per Unit | $747,600 CAD |
| Sale Type | Investment |
| Gross Rent Multiplier | 16 |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 1,882 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1963/2020 |
| Zoning | RE1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $4,898 CAD | 1,290 |
| 2+1 | 1 | $2,925 CAD | 592 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 034-0-142-165 | Improvements Assessment | $257,208 CAD (2025) |
| Land Assessment | $707,340 CAD (2025) | Total Assessment | $964,548 CAD (2025) |
Property Taxes
Parcel Number
034-0-142-165
Land Assessment
$707,340 CAD (2025)
Improvements Assessment
$257,208 CAD (2025)
Total Assessment
$964,548 CAD (2025)
1 of 34
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
50 Portal St - 50 E. Portal Street, Oak View, CA 93022
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.