HUGE PRICE REDUCTION!!!Featuring over 60% two bedroom units and some garage parking this low maintenance community offers an ease of management and rental upside beyond the current rents. Over the last several years some upgrades including tile flooring, granite kitchen and bathroom counter tops, new asphalt in front and back, and some landscaping have been made. Tenants pay their own electricity while landlord provides gas, trash, sewer and water. There are 4 separate house gas meters.
Multi-familyProperty Type
1965Year Built
0.32 acresLot Size
$227Price/Sq.Ft.
6 garage spacesParking
Listed by Mike Marcu•DRE #00919594• Mike Marcu, Broker
Bought with General NONMEMBER•DRE #00698945• CRMLS
HUGE PRICE REDUCTION!!!Featuring over 60% two bedroom units and some garage parking this low maintenance community offers an ease of management and rental upside beyond the current rents. Over the last several years some upgrades including tile flooring, granite kitchen and bathroom counter tops, new asphalt in front and back, and some landscaping have been made. Tenants pay their own electricity while landlord provides gas, trash, sewer and water. There are 4 separate house gas meters.
HUGE PRICE REDUCTION!!!Featuring over 60% two bedroom units and some garage parking this low maintenance community offers an ease of management and rental upside beyond the current rents. Over the last several years some upgrades including tile flooring, granite kitchen and bathroom counter tops, new asphalt in front and back, and some landscaping have been made. Tenants pay their own electricity while landlord provides gas, trash, sewer and water. There are 4 separate house gas meters.
Public Records
Sep 14, 2015
Sold
$452,500
$33/sq ft
CRMLS #SR15022391
Jun 19, 2015
Sold
$2,610,000
$191/sq ft
Jun 4, 2015
Pending
—
Mar 25, 2015
Pending
—
Mar 5, 2015
Price Changed
$2,810,000
$206/sq ft
Feb 2, 2015
Listed
$2,895,000
$212/sq ft
OUTSTANDING OPPORTUNITY to own a mid size multifamily property in Ventura County. The "Edgewater Villas" has a unit mix consisting of 9 (2+2), 2 (2+1), 6 (1+1) and 1 studio unit. Over the last few years 13-14 units have been remodeled with granite counter tops in the kitchen and bathrooms, tile or faux wood flooring through out the unit, new cabinet hardware and new light fixtures-ceiling fans. Buyer to verify all upgrades. Due to the mild coastal weather there are no cooling units and each unit has individual wall heaters.
SDMLS #301783976
Jun 15, 2015
Sold
$2,610,000
$191/sq ft
Feb 2, 2015
Listed
$2,810,000
$206/sq ft
CRMLS #V0-11016003
Jan 10, 2012
Sold
$2,205,000
$162/sq ft
Dec 16, 2011
Pending
—
Nov 16, 2011
Contingent
—
Oct 25, 2011
Listed
$2,280,000
$167/sq ft
SBMLS #11-3607
Jan 10, 2012
Sold
$2,205,000
$162/sq ft
Oct 25, 2011
Listed
$2,280,000
$167/sq ft
Public Records
Jan 2, 2004
Sold
$1,985,000
$145/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$54,930 (+26.1%)
$1,468,800 + $3,061,020
$4,529,820
2024
$43,578 (+3.8%)
$1,440,000 + $3,001,000
$4,441,000
2023
$41,984 (+3.1%)
$819,237 + $2,708,031
$3,527,268
2022
$40,718 (+0.8%)
$803,173 + $2,654,933
$3,458,106
2021
$40,393 (−1.8%)
$787,424 + $2,602,876
$3,390,300
2020
$41,145 (+2.9%)
$771,984 + $2,551,840
$3,323,824
2019
$39,983 (+1.3%)
$764,069 + $2,525,675
$3,289,744
2018
$39,466 (+21.7%)
$749,088 + $2,476,152
$3,225,240
2017
$32,422 (+3.6%)
$833,144 + $1,847,728
$2,680,872
2016
$31,286 (+11.2%)
$833,144 + $1,847,728
$2,680,872
2015
$28,130 (+1.1%)
$816,808 + $1,811,499
$2,628,307
2014
$27,822 (−0.3%)
$737,734 + $1,521,576
$2,259,310
2013
$27,911 (+4.3%)
$737,734 + $1,521,576
$2,259,310
2012
$26,765 (+10.1%)
$734,400 + $1,514,700
$2,249,100
2011
$24,319 (+5.6%)
$880,000 + $1,325,000
$2,205,000
2010
$23,031 (−7.9%)
$810,000 + $1,190,000
$2,000,000
2009
$25,017 (−17.5%)
$879,000 + $991,000
$1,870,000
2008
$30,319
$969,000 + $1,093,000
$2,062,000
Tax history for 1340 Edgewood Way
Year
Property tax
Land + Additions
Assessment*
2025
$54,930 (+26.1%)
$1,468,800 + $3,061,020
$4,529,820
2024
$43,578 (+3.8%)
$1,440,000 + $3,001,000
$4,441,000
2023
$41,984 (+3.1%)
$819,237 + $2,708,031
$3,527,268
2022
$40,718 (+0.8%)
$803,173 + $2,654,933
$3,458,106
2021
$40,393 (−1.8%)
$787,424 + $2,602,876
$3,390,300
2020
$41,145 (+2.9%)
$771,984 + $2,551,840
$3,323,824
2019
$39,983 (+1.3%)
$764,069 + $2,525,675
$3,289,744
2018
$39,466 (+21.7%)
$749,088 + $2,476,152
$3,225,240
2017
$32,422 (+3.6%)
$833,144 + $1,847,728
$2,680,872
2016
$31,286 (+11.2%)
$833,144 + $1,847,728
$2,680,872
2015
$28,130 (+1.1%)
$816,808 + $1,811,499
$2,628,307
2014
$27,822 (−0.3%)
$737,734 + $1,521,576
$2,259,310
2013
$27,911 (+4.3%)
$737,734 + $1,521,576
$2,259,310
2012
$26,765 (+10.1%)
$734,400 + $1,514,700
$2,249,100
2011
$24,319 (+5.6%)
$880,000 + $1,325,000
$2,205,000
2010
$23,031 (−7.9%)
$810,000 + $1,190,000
$2,000,000
2009
$25,017 (−17.5%)
$879,000 + $991,000
$1,870,000
2008
$30,319
$969,000 + $1,093,000
$2,062,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.31 Acres
Year renovated
—
Sq. Ft.
—
Year built
1965
Style
Multi-Family (5+ Unit)
County
Ventura County
APN
2000352045
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 25, 2026.
R4
High Rise Residential Zone
The purpose of the R-4 zone is to provide a district for high-density, multi-family dwellings, emergency shelters for families, transitional housing, and supportive housing pursuant to statutory requirements, and other uses suitable for location within the city core and in other selected areas.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Agriculture-Other
Day care facility
Housing-Senior
Nov 16, 2024 • Final
Accessory dwelling unit, addition to (e) sfr
Addition
ADU
Nov 16, 2024 • Final
Accessory dwelling unit, addition to (e) sfr
Install eight solar modules and a solar energy system with a capacity of 3.24 kilowatts.
ADU
Battery
Electrical
Solar
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
# of Carport Spaces: 11
# of Garage Spaces: 6
# of Parking Spaces: 17
Interior
Interior Features
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 1529645
Listing Key Numeric: 87470591
Actual Rent: $960
Total # of Baths: 1
Furnished: Unfurnished
Total Rent: $960
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 1529646
Listing Key Numeric: 87470591
Actual Rent: $1,106
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 1
Total Rent: $6,637
Total # of Units: 6
Unit Type 3 Information
Listing Key Numeric: 87470591
Unit Key Numeric: 1529647
Actual Rent: $1,400
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $2,800
Total # of Units: 2
Unit Type 4 Information
Listing Key Numeric: 87470591
Unit Key Numeric: 1529648
Actual Rent: $1,358
Total # of Baths: 2
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $12,225
Total # of Units: 9
Expenses
Trash: $4,964
Total: $100,814
Maintenance: $14,140
Insurance: $4,284
Water Sewer: $9,482
Electric: $2,792
New Taxes: $41,536
Multi-Unit Information
Other Income Description: laundry, late charges, etc.
Net Operating Income: $167,651
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 13,648
Gross Spendable Income: $70,964
Gross Scheduled Income: $276,768
Gross Operating Income: $268,465
Gross Multiplier: 11.56
Gross Income: $294,572
Laundry Equipment Own or Lease: Lease
Laundry Income: $150
Maintenance Percent: 5
# Of Leased Units: 18
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 19
# Of Buildings: 1
Operating Expense Percent: $35
Vacancy Allowance Rate: 3
Vacancy Allowance: 8303
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 26-30 Units/Acre
Property Information
Total # of Units: 18
Common Walls: 1 common wall, End Unit
Parcel Number: 2000352045
Attached Property
Total # of Stories: 2
Year Built Source: Assessor
Financial
Lease / Rental Details
Operating Expense: $100,814
Other Expense: $3,936
Other Expense Description: Misc.
Other Income: $167
Other Income: $119
Tenant Pays: Electricity
Total Actual Rent: $226,221
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Curbs, Street Lighting
Location Information
Latitude: 34.21226700
Longitude: -119.19318900
Directions: Cross Street is North Ventura Road.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.31 acres
Style: Multi-Family (5+ Unit)
Year Built: 1965
Year Renovated: —
County: Ventura County
APN: 2000352045
Home facts updated by county records on Sep 25, 2026
Other
Listing Information
Days Active in MLS: 56
Continuous Days Active in MLS: 56
Listing Agent Information
List Agent First Name: Mike
List Agent Last Name: Marcu
Listing Office Information
List Office Name: Mike Marco, Broker
Selling Agent Information
Buyer Agent First Name: General
Buyer Agent Last Name: NONMEMBER
Selling Office Information
Buyer Office Name: CRMLS
Around this home
Schools
Sierra Linda Elementary School
Public K-5 • Assigned • 1.0mi
3/10
Fremont Academy of Environmental Science & Innovative Design
Public 6-8 • Assigned • 0.2mi
3/10
Pacifica High School
Public 9-12 • Assigned • 1.3mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 85° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Oxnard, CA • 93030
Average low and high temperatures (°F)
69
50
67
50
68
51
68
51
69
53
70
57
74
61
75
60
75
60
72
55
67
50
67
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 6 hours in December, placing it above the
U.S. average for solar exposure.