65 Wicks Road, Moorpark, Commercial Sale

$ 2,500,000

Overview

  • Updated On:
  • September 4, 2026
  • Property ID
  • 883077

Description

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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Property Id: 883077
Price: $ 2,500,000
Additional Parcel Description: 5120050030;5120050340;5120061010.
Building Area Total: 9900
Building Area Units: Square Feet
Building Name: Moorpark Ranch View South Cottages
Carport Spaces: 2
Construction Materials: Stucco
Contract Status Change Date: 2026-05-05
Cooling: Electric, Wall/Window Unit(s)
Curent Financing: Conventional
Current Use: Improved, Investment, Multi-Family
Days on Market: 122
Directions: From Los Angeles Ave take Moorpark Ave (Hwy 23) to Wicks Rd.
Electric: 220 Volts
Fencing: Chain Link, Wrought Iron
Heating: Wall Furnace
Laundry Features: Common Area
List Agent AOR: Ventura Coastal
List Agent Direct Phone: (805) 479-5004
List Agent Email: paul@homeandranchteam.com
List Agent Name: Paul Ward
List Agent MLS ID: V211504868
List office AOR: Ventura Coastal
List office Email: TheMashburnZellGroup@gmail.com
List office MLS ID: VC40102053
List office Phone: (805) 836-4321
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2026-05-05
Listing ID: V1-36213
Listing Terms: Conventional, 1031 Exchange
Lot Features: Lot Over 40000 Sqft
Lot Size Area: 1.81
Lot Size Source: Estimated
MLS Area Major: NMP - North Moorpark
MLS Status: Active
On Market Date: 2026-05-05
Original List Price: 2750000
Parcel Number: 5120050030
Parking Total: 15
Photos Count: 21
Postal City: MOORPARK
Previous List Price: 2750000
Roof: Clay, Tile
Security Features: Closed Circuit Camera(s), Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights
State or Province: CA
Stories Total: 2
Street Name: Wicks
Street Number: 65
Street Suffix: Road
Structure Type: Duplex, House, Multi Family
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water Source: Public
Year Built: 1981
Zoning: RE1

Other Features
Additional Parcel 1
Has Carport
Has Cooling System
Has Heating System

$ 14,595.18
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 11,991.01

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