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1917 Colonia Place, Camarillo, CA, 93010

1917 Colonia Place
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Key Information

Type
Apartments

Highlights

  • Prime Camarillo location – Situated in a highly desirable submarket with convenient access to retail, dining, and local amenities, supporting sustained tenant demand and ensuring long-term leasing stability.

  • Renovated, lease-ready units – Two of the four one-bedroom, one-bath units have been recently upgraded with contemporary kitchen and bathroom finishes. Both are currently vacant, allowing immediate lease-up at projected market rents of approximately $2,500 per unit.

  • New roofing system – The rear two units benefit from a recently installed roof, significantly reducing near-term capital expenditure requirements and enhancing operational reliability.

  • Attractive income profile – With two units ready for market-rate leasing and all four units offering one-bedroom layouts, the property is well-positioned to generate strong rental income upon stabilization.

  • Clear value-add upside – The two unrenovated units present a compelling opportunity for interior improvements, enabling further rental rate increases and appreciation in asset value.

  • Supplemental garage income – Five and a half open garage spaces offer additional revenue potential, with estimated rents of approximately $300 per space from tenants or third-party users.

Photos

Location

Agents

Broker of Record

David Harrington

License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245