1917 Colonia Place, Camarillo, CA, 93010
1917 Colonia PlaceKey Information
Highlights
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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.
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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.
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New roofing system – The rear two units benefit from a recently installed roof, significantly reducing near-term capital expenditure requirements and enhancing operational reliability.
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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.
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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.
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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.
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