Hillside Quadplex
For Sale
$2,350,000
1469 Topa View Trl, Newbury Park, CA 91320
Four separated residences with private-road access, panoramic valley views, appliances, smart-home features, and Tesla charging.
Property Size4,046 SF
Price / SF$580.82
Days on Market47
Property Features for 1469 Topa View Trl
General Information
Standard status
Active
Size
4,046 SF
Property subtype
Investment
Occupancy
75%
Units
Unit Mix
1 x 3BR/2.5BA (2456 SF), 1 x 1BR/1BA (622 SF), 2 x 1BR/1BA (480 SF & 488 SF)
Multifamily Units
4
Additional Details
Furnished
No
Gross Income
$180,000
Amenities
smart-home technology
Tesla charging
Building Details
Building Size
4,046 SF
Year Built
2012
Units
4
Listing Agency:
Dream Team Real Estate Consultants. Inc
Listed By:
Hana Ishak · License #01093446
(818) 943-3311
Source:
Elliman
Added: Sep 1
Changed: Oct 10
Last Checked: Oct 16 at 9:51AM
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 Dream Team Real Estate Consultants. Inc
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Investment Insights
Based on property information with market context.
This quadplex-style residential compound provides approximately 4,046 square feet across four separated living areas. The primary residence contains 2,456 square feet with three bedrooms and two-and-a-half baths. An attached residence adds 622 square feet with one bedroom, one bath, and a full kitchen, while two additional one-bedroom, one-bath residences measure approximately 480 and 488 square feet. The latter two residences are in the final stages of approval, and one may offer an approximately 700-square-foot expansion subject to independent verification of permits, feasibility, square footage, and permitted use.
The property has three legal addresses—1469, 1471, and 1473 Topa View Trl—and sits in an unincorporated area of Newbury Park. Panoramic Conejo Valley views, a private-road setting, and separation between living areas support flexible occupancy arrangements. Each residence includes appliances such as a refrigerator, washer, dryer, and dishwasher. Additional features include smart-home technology, Tesla charging, numerous upgrades, and furnishings that are available separately. Built in 2012, the property will be delivered vacant at closing.
The property has three legal addresses—1469, 1471, and 1473 Topa View Trl—and sits in an unincorporated area of Newbury Park. Panoramic Conejo Valley views, a private-road setting, and separation between living areas support flexible occupancy arrangements. Each residence includes appliances such as a refrigerator, washer, dryer, and dishwasher. Additional features include smart-home technology, Tesla charging, numerous upgrades, and furnishings that are available separately. Built in 2012, the property will be delivered vacant at closing.
Key Highlights
- Approximately 4,046 SF across four separated residences
- 2,456 SF main residence with 3 bedrooms and 2.5 baths
- Additional residences measure approximately 622 SF, 480 SF, and 488 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,461
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,389,220
$1.4M
Cap Rate 7%
$992,300
$992.3K
Cap Rate 9%
$771,789
$771.8K
Market Conditions
NOI Build-Up for 4,046 SF
Gross rent
$104.4K $25.80/SF
− Vacancy
−$5.2K −$1.27/SF
EGI
$99.2K $24.53/SF
− OpEx
−$29.8K −$7.36/SF
NOI
$69.5K $17.17/SF
Area
Thousand Oaks, CA
Vacancy
4.94%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,389,220
Cap Rate 7%
$992,300
Cap Rate 9%
$771,789
Alternative Uses
Best Use
Multifamily LT 5
$992.3K
$868.3K – $1.16M
NOI $69,461 @ 7.0% cap · market cap 2.96%
Second Best
Apartment 5plus
$915.0K
$800.6K – $1.07M
NOI $64,047 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $110,976 @ 7.0% cap · market cap 4.72%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
75%
Occupancy
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Explore this area
Business Placement
Demographics for 91320, CA
44,462
Population
15,509
Households
2.9
Avg Household Size
43
Median Age
53%
College-Educated
95%
High-School Grad
20.2 sq mi
ZIP Area
2,201
Density / Sq Mi
$150,861
Median Household Income
$62,932
Median Earnings
$2,617
Median Rent
$917,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four separated residences with private-road access, panoramic valley views, appliances, smart-home features, and Tesla charging.
Where is this quadplex located?
The property is located at 1469 Topa View Trl Newbury Park, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Approximately 4,046 SF across four separated residences; 2,456 SF main residence with 3 bedrooms and 2.5 baths; Additional residences measure approximately 622 SF, 480 SF, and 488 SF
