Listed by Jose Luiz Morales•DRE #01891119• eXp Realty of California Inc
For sale
$1,875,000
Est. $12,657/mo —
1
bd
•
1 ba
•
1,914
sq ft
55 Fir St, Camarillo, CA 93010
About this home
EXCEPTIONAL MULTIFAMILY OPPORTUNITY - OLD TOWN CAMARILLOJust steps from the highly desirable Old Town Camarillo district and approximately 50 yards from Ventura Boulevard, this extensively renovated multifamily property offers an exceptional combination of modern upgrades, private outdoor spaces, garage parking, and a prime location. Situated on one lot, the property features four one-bedroom, one-bathroom residences, plus an additional ADU (unit E). This unique configuration presents an attractive opportunity for investors seeking a substantially upgraded multifamily property. EXTENSIVE PROPERTY RENOVATIONSFar beyond a cosmetic remodel, this property has undergone extensive renovations, with virtually every visible finish, fixture, and detail replaced or renewed, along with major building systems and infrastructure. Interior improvements include beautifully renovated kitchens and bathrooms, new cabinetry, countertops, closet systems, windows, doors, hardware, lighting, plumbing fixtures, flooring, and fresh paint throughout. Major upgrades include a new roof, plumbing, electrical wiring and electrical panels, sewer lines, stucco, and new heating and cooling systems. Garages, walkways, fencing, and landscaping are also new, creating a cohesive appearance throughout the property. Each residence features an individual tankless water heater, energy efficient appliances, and dedicated in-unit laundry. PRIVATE YARDS, GARAGE PARKING & SECURITYEach of the four residences enjoys its own private, fully fenced, landscaped backyard, offering a desirable outdoor area for relaxation and entertaining. Additional amenities include a four car garage, EV charging, and a 24 hour surveillance system with resident access. PRIME OLD TOWN CAMARILLO LOCATIONEnjoy convenient access to Old Town Camarillo's restaurants, boutiques, shopping, entertainment, and everyday services. Camarillo Premium Outlets, parks, recreational amenities, and the 101 Freeway are also nearby. With four renovated residences, extensive improvements, private landscaped yards, garage parking, EV charging, and an outstanding location, this property presents a remarkable multifamily investment opportunity in the heart of Camarillo.
Old Town, located between Ventura Boulevard and the Camarillo Ranch area, is a historic and walkable Camarillo neighborhood with a preserved Main Street grid and a railroad-era backdrop. The neighborhood’s character concentrates around Ventura Boulevard at 5th Street, where sidewalk cafes, antique storefronts, and small galleries set a steady, day-to-night rhythm. Institution Ale Co. anchors the local craft scene, while Studio Channel Islands Art Center adds working-artist energy in a former industrial setting. Spanish Revival and early California cottages mix with low-slung commercial blocks and pocket courtyards. Tree-lined blocks lead toward Constitution Park and the Camarillo Metrolink station, keeping errands and rail trips in the same orbit.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Quartz counters
Bedrooms
One bedroom
Bathrooms
One bathroom
Kitchen
Microwave, refrigerator, electric range, gas range, electric oven, gas oven, dishwasher
Laundry & utility
Laundry in kitchen
Flooring
Tile flooring
Heating & cooling
Heating
Cooling
Exterior features
Block wall, wood, and wrought iron fencing
No sprinklers
Home design
One story
Attached
Parking
Garage
Four garage spaces
Four parking spaces
Construction
Roll roofing
Concrete slab foundation
Updated and remodeled
Financial info
One unit with actual rent of $13,800
Gross scheduled income of $13,800
Gross income of $13,800
Net operating income of $12,225
Total expenses of $5,100
Operating expenses of $1,575
Trash expense of $900
Insurance expense of $3,300
Water and sewer expense of $900
One water meter
Four gas meters
Four electric meters
One building
Other
Community features include curbs, street lighting, and sidewalks
Electricity and solar
View estimated energy costs and solar savings for this home
In order to provide a method whereby land may be designed and developed as a unit for residential use by taking advantage of modern site planning techniques; and, in addition, in order to produce an environment of stable, desirable character which will be in harmony with the existing or potential development of the surrounding neighborhood; and, in order to produce developments which meet standards of open space, light, air, pedestrian and vehicular circulation; the planning commission may approve a permit for four units or less per acre in accordance with established conditions of the R-1 zone. A residential planned development permit may be approved by the planning commission after a public hearing and required findings (Section 19.16.300) have been made for greater densities or for departures from the general standards for a residential development which includes an innovative approach in residential design. The planning commission in considering any development may not exceed the density authorized by the general plan.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Day care facility
Housing
Housing-Single unit
Educational/school
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 89° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Camarillo, CA • 93010
Average low and high temperatures (°F)
69°
49°
69°
48°
69°
51°
69°
51°
70°
54°
72°
59°
76°
62°
78°
61°
77°
62°
74°
55°
69°
49°
68°
48°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 55 Fir St
$1,868,941
$6,059 under list price of $1.88M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $875K to $1.2M.