65 Wicks Road
Moorpark, CA, 93021 $ 2,750,000
Bedrooms-- Baths-- Sq 9,900 Monthly Estimate*
$ 16,932
for $2,750,000. This 9,900 square foot building was built in 1981.
South View Ranch Cottages is a rare Moorpark income-property opportunity offering strong in-place cash flow, rental upside, and a strategic location near the heart of Downtown Moorpark. The property features a collection of Spanish-style bungalow cottages with numerous improvements completed by current ownership, including updates to many interiors, tile roofs, security cameras and motion lights, rain gutters, coin-operated laundry facilities, and a secure onsite rent collection area. The cottages can be maintained in their current affordable housing use or further enhanced into a more elevated boutique rental community.Current gross scheduled rents are approximately $16,500/month, with projected rent potential of approximately $19,000/month depending on future improvements, management strategy, and market conditions. At the asking price of $2,750,000, the property offers an estimated current cap rate of approximately 5.50%-5.63%, with a potential cap rate of approximately 6.59%-6.72%, subject to buyer verification.Set on a hilltop plateau, the property enjoys sweeping views across Moorpark and the surrounding mountains. The grounds are well maintained with weekly gardening service, mature pepper trees, avocado trees, open green areas, and a peaceful residential setting that feels distinct from a typical rental property.The location adds to the upside. South View Ranch Cottages is near Moorpark's historic High Street and Downtown corridor, where redevelopment, mixed-use investment, transit-oriented planning, and community improvements continue to strengthen the area. Nearby amenities include Moorpark College, Underwood Family Farms, local trails, restaurants, shopping, and access to the greater Los Angeles market.This is an attractive opportunity for an investor seeking stable income today with meaningful upside through improved management, continued upgrades, and long-term positioning within one of Ventura County's most desirable growth communities.Buyer to verify all rents, expenses, rent-control status, zoning, permits, legal use, cap rate, and future development or repositioning potential.
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FeaturesGeneralHeating Wall Furnace
Cooling Electric Wall/Window Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected
Roof Clay Tile
Zoning RE1
HOA Fee 0
Security Features Closed Circuit Camera(s) Carbon Monoxide Detector(s) Smoke Detector(s) Security Lights
Construction Materials Stucco
Year Built 1981
Electric 220 Volts
Property Subtype Duplex
Current Use Improved Investment Multi-Family
Building Name Moorpark Ranch View South Cottages
Additional Parcels Description 5120050030;5120050340;5120061010.
County Ventura
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions From Los Angeles Ave take Moorpark Ave (Hwy 23) to Wicks Rd.
City Moorpark
MLS Area NMP - North Moorpark
Carport Spaces 2
Carport Y/N true
Listing Terms Conventional 1031 Exchange
Current Financing Conventional
Additional Parcels Y/N true
Structure Type Duplex House Multi Family
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Multi Family
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InteriorTotal Stories 2
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Common Area
Total Baths 0
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ExteriorFencing Chain Link Wrought Iron
Lot Features Lot Over 40000 Sqft
Water Source Public
Total Parking 15
Lot Size Area 1.81
Building Area Total 9900
Lot Size Source Estimated
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* Excluded FeaturesList Bypaul@homeandranchteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $16,932
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Moorpark, CA
Average List Price $1,630,000
Percent of Sale Price 41%
About Moorpark, CA 36,255 Population
16% Since 2002
$ 100,827 Median Income
36.82 Median Age
36% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/5/2026 | $2,750,000 | | Listed Price |