Remodeled Residential Income
For Sale
$429,000
95-36 Isabel Ave, Camarillo, CA 93012
Updated interiors include quartz counters, stainless appliances, and an enclosed patio room.
Property Size1,248 SF
Price / SF$343.75
Days on Market12
Property Features for 95-36 Isabel Ave
General Information
Standard status
Active
Size
1,248 SF
Total Parking Spaces
2
Property subtype
Manufactured In Park
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
large front porch
enclosed patio room
fruit trees
clubhouse
gym
library
card room
commercial kitchen
banquet room
pool
spa
BBQ area
Listing Agency:
Premier Options
(805) 482-6616
Listed By:
Becky Duarte · License #01232355
(805) 279-1668
Source:
Exprealty
Added: Sep 2
Changed: Sep 11
Last Checked: Sep 12 at 11:53AM
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 Premier Options
Investment Insights
Based on property information with market context.
This 1,248-square-foot residential income property offers two bedrooms and two bathrooms in a gated 55+ community. The interior includes a remodeled kitchen with quartz countertops, stainless steel appliances, white cabinetry, high-end LVP flooring, built-in dining storage, an oversized pantry, and a dedicated washer and dryer area. The primary suite includes a remodeled ensuite bath and direct access to an enclosed patio room suited to hobby or relaxation use.
Additional features include a front porch, large living and dining room windows, a second bedroom configured as a den with built-ins and barn-door sliders, and a two-car carport. The property also includes avocado, persimmon, lemon, orange, tangerine, and other fruit trees. Community amenities include a clubhouse with social spaces, gym, library, card room, commercial kitchen, and banquet room, along with a pool, spa, BBQ area, and outdoor relaxation areas.
Additional features include a front porch, large living and dining room windows, a second bedroom configured as a den with built-ins and barn-door sliders, and a two-car carport. The property also includes avocado, persimmon, lemon, orange, tangerine, and other fruit trees. Community amenities include a clubhouse with social spaces, gym, library, card room, commercial kitchen, and banquet room, along with a pool, spa, BBQ area, and outdoor relaxation areas.
Key Highlights
- 1,248‑square‑foot property with 2 bedrooms and 2 bathrooms
- Remodeled kitchen with quartz countertops and stainless steel appliances
- Primary suite includes a remodeled ensuite bath and enclosed patio access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,727
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$394,540
$394.5K
Cap Rate 7%
$281,814
$281.8K
Cap Rate 9%
$219,189
$219.2K
Market Conditions
NOI Build-Up for 1,248 SF
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.
Gross rent
$37.4K $30.00/SF
− Vacancy
−$1.6K −$1.26/SF
EGI
$35.9K $28.74/SF
− OpEx
−$16.1K −$12.93/SF
NOI
$19.7K $15.81/SF
Area
Ventura County, CA
Vacancy
4.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$394,540
Cap Rate 7%
$281,814
Cap Rate 9%
$219,189
Alternative Uses
Best Use
Apartment 5plus
$281.8K
$246.6K – $328.8K
NOI $19,727 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$428.4K
$374.9K – $499.8K
NOI $29,990 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
119
Businesses Nearby
Explore this area
Business Placement
Demographics for 93012, CA
37,550
Population
14,399
Households
2.6
Avg Household Size
44
Median Age
49%
College-Educated
95%
High-School Grad
50.1 sq mi
ZIP Area
750
Density / Sq Mi
$122,110
Median Household Income
$63,221
Median Earnings
$2,790
Median Rent
$794,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Updated interiors include quartz counters, stainless appliances, and an enclosed patio room.
Where is this residential income property located?
The property is located at 95-36 Isabel Ave Camarillo, CA.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: 1,248‑square‑foot property with 2 bedrooms and 2 bathrooms; Remodeled kitchen with quartz countertops and stainless steel appliances; Primary suite includes a remodeled ensuite bath and enclosed patio access
