South View Ranch Cottages provides a unique opportunity to own 11 affordable housing units not subject to rent control. Perched on a hilltop plateau, the well manicured complex overlooks all of Moorpark & the mountains beyond. The current owners have remodeled many of the units, adding tile roofs, rain gutters, and coin operated laundry facilities. Weekly gardening service keeps the property meticulously maintained. Mature pepper trees and even some avocados create a peaceful and fun environment. Long term tenants pay rent onsite in a secure location. The Spanish style bungalows can easily be maintained in their current state, or enhanced into more exclusive living spaces. While rents are slightly below market, there may be an opportunity to increase them depending on the new owners added improvements.
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