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Two-Story Fourplex with Identical Units

140 E A St Port Hueneme, CA 93041

140 E A St, Port Hueneme, CA, 93041
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For Sale
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Well-maintained 1963 fourplex with four identical 2 bed/1 bath units and separately metered gas and electric.

Property Size3,740 SF
Price / SF$426.47
Days on Market113

Property Features for 140 E A St

General Information

Standard status
Active
Size
3,740 SF
Property subtype
Multifamily

Building Details

Year Built
1963
Listing agency Apartment Investment Specialists - Lieberman
Listed by Craig Lieberman · License #CA
Source Crexi
Added: Apr 1 Updated: Jul 21 at 7:02AM Checked: Jul 21 at 7:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Apartment Investment Specialists - Lieberman


Investment Insights

Based on property information with market context.

Well-maintained 1963 two-story fourplex offering four identical units, each with approximately 935 square feet of space. The property includes four 2-bedroom, 1-bath apartments designed with consistent layouts across all units.

Utilities are separately metered for gas and electric, helping support low operating costs. Fixed annual expenses (excluding property taxes) total approximately $10,655, including insurance, utilities, water/sewer, and landscaping. Current strong rent performance generates $10,161 per month, or $121,932 annually, based on an average of about $2,540 per unit.

Key Highlights

  • Well‑maintained 1963 two‑story fourplex with four identical 935 SF units (2 bed/1 bath each)
  • Strong monthly rents of $10,161 ($2,540 average per unit), totaling $121,932 annually
  • Separately metered gas and electric for each unit

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $95.4k $25.50
− Vacancy −$3.8k −$1.02
EGI $91.6k $24.48
− OpEx −$27.5k −$7.34
NOI $64.1k $17.14
3,740 SF · lease $25.50/SF/yr · vacancy 3.99% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$915.6K
$801.2K – $1.07M (±1% cap)
NOI $64,095 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$844.5K
$739.0K – $985.3K (±1% cap)
NOI $59,118 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M (±1% cap)
NOI $89,875 @ 7.0% cap · market cap 5.63%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Pharmacy Skin Care Clinic Gym & Fitness Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Spa & Massage Center Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Well-maintained 1963 fourplex with four identical 2 bed/1 bath units and separately metered gas and electric.
Where is this quadplex located?
The property is located at 140 E A St Port Hueneme, CA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Well‑maintained 1963 two‑story fourplex with four identical 935 SF units (2 bed/1 bath each); Strong monthly rents of $10,161 ($2,540 average per unit), totaling $121,932 annually; Separately metered gas and electric for each unit
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