
Port Hueneme, California 93041
Analysis of 117 Ann Avenue, Port Hueneme, California 93041 is currently available with a list price of $850,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Port Hueneme Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1959, this property is over 60 years old and shows signs of being dated. While the listing mentions it is well-maintained with tile flooring and functional units, the images reveal older louvered closet doors, dated windows, and basic finishes. It lacks evidence of a major renovation within the last 15 years, suggesting that while move-in ready for tenants, it requires cosmetic updates and likely system overhauls to meet modern standards.
The property is fully occupied with stable tenants, including one Section 8 unit, providing an immediate gross monthly income of $4,250 from the day of closing.
With two covered spaces and three additional uncovered spaces, the property offers a total of five parking spots, which is a significant competitive advantage for a duplex in a coastal community.
Situated near Port Hueneme beach and local amenities, the location ensures high tenant desirability and strong potential for long-term land value appreciation.
Originally built in 1959, the property may require more frequent maintenance or future capital expenditures for aging systems compared to newer multi-family builds.
At an $850,000 price point, the current gross annual income may result in a tighter capitalization rate once adjusted for modern property tax assessments and insurance costs.
This is a perfect home and investment near by Ocean Port Hueneme DUPLEX, well maintained units. Two identical units with separate meters. Both units have 2 bedrooms, living room, galley kitchen, in unit laundry and full bathroom tile flooring throughout. Front unit has long term tenant with 1 year lease paying $2,100 per month, Back unit is at month to month section 8 for $2,150 per month. Well maintained front yard, long concrete driveway, Covered parking space between the units for 2 cars and additional uncovered parking spaces on the side of the unit for 3 cars. Easy access to bus stop and close proximity for your daily needs.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,835 | - |
| Lot Size | 6,098 | - |
| Price | $850.0K | $692.5K |
| Price per sq ft | $463 | $587 |
| Built year | 1959 | 0 |
| HOA | $0 | $0 |
| Days on market | 43 | 61 |
Jun 9, 2026
$850,000
Initial Listing
Apr 1, 2022
$735,000
Public Record
Nov 23, 2020
$575,000
Public Record
Apr 3, 2009
$260,000
Public Record
Apr 15, 2005
$570,000
Public Record