1469 Topa View Trl, Newbury Park, CA 91320

$2,350,000

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List Price
$2,350,000
Status
ACTIVE
MLS#
SR26141808
Year Built
2012
Lot Size
8,276
Acres
0.19
Lot Location
Steep Slope
Days on Market
3
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
Three Or More Levels
Neighborhood
Ventu Park

Property Description

*****RARE INCOME-PRODUCING NEWBURY PARK HILLSIDE COMPOUND — THREE LEGAL ADDRESSES: 1469, 1471 & 1473! LIVE IN ONE, RENT THE OTHER THREE! Offering approximately 4,046 SF of combined living space with spectacular panoramic Conejo Valley views. Three of the four units—the main residence and two ADUs—are currently rented and generating approximately $15,000/month in gross rental income, while the owner occupies the fourth unit. An exceptional opportunity for investors, 1031 exchange buyers, or owner-users seeking strong income, flexibility, and future upside. *****The property features a 2,456 SF main residence (3BD/2.5BA), an attached 622 SF 1BD/1BA residence with full kitchen, plus two additional 1BD/1BA residences of approximately 480 SF and 488 SF, currently in the final stages of approval. One ADU offers potential for an approximately 700 SF expansion and possible conversion into a 2-bedroom residence, creating additional future income potential. Buyer to independently verify feasibility, permits, square footage, and permitted use. *****Each unit is equipped with appliances including refrigerator, washer, dryer, dishwasher, and more. Located in an unincorporated area offering a rare opportunity for short-term rental business, the property provides exceptional income-producing potential. Each living area offers privacy and separation—ideal for short-term or extended-stay rentals, corporate housing, or multi-generational living. Currently furnished, with furnishings available separately. Smart-home technology, Tesla charging, numerous upgrades, a private-road setting, and breathtaking panoramic views complete this truly unique investment opportunity.*****

Additional Information

Appliances
Dishwasher, Electric Oven, Disposal, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Range Hood, Self Cleaning Oven, Tankless Water Heater, Water To Refrigerator, Sump Pump
Pool Description
None
Heat
Central, Ductless, Natural Gas
Cooling
Yes
Cooling Description
Central Air, Ductless, Dual, High Efficiency
View
Canyon, Hills, Mountain(s)
Exterior Construction
Copper Plumbing
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, Ceiling Fan(s), Granite Counters, Open Floorplan, Quartz Counters, Recessed Lighting, Storage, All Bedrooms Down, Jack and Jill Bath, Primary Suite, Walk-In Closet(s)
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$177,000
Operating Expense
19440

Listing courtesy of Listing Agent: Hana Ishak (hishak83@gmail.com) from Listing Office: Equity Union.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.