117 Ann Avenue, Port Hueneme, California 93041, Port Hueneme, - bed, bath
ACTIVE$835,000
117 Ann Avenue, Port Hueneme, California 93041
4Beds
2Baths
1,835Sqft
6,098Lot
Year Built
1959
Close
-
List price
$835K
Original List price
$925K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
V1-30475
Home ConditionFair
Features
View-
About this home
PRICE REDUCTION!! This is a perfect home and investment near by Ocean Port Hueneme DUPLEX, well maintained front unit, Two identical units with separate meters. Front unit has 2 bedrooms, living room and full bathroom, Back unit has 2 bedrooms, living room and full bathroom. Each unit has laundry area with Washer/Dryer hook-ups by the kitchen, tile flooring throughout. Front unit has long term tenant on month to month paying $1,975 per month, Back unit is at month to month for $2,000 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.
Price History
Date
Event
Price
10/10/25
Price Change
$835,000-1.8%
08/31/25
Price Change
$850,000
06/08/25
Listing
$925,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (1 Listings) | |
|---|---|---|---|
| Beds | 4 | 3 | 50% |
| Baths | 2 | 1.5 | 50% |
| Square foot | 1,835 | 1,535 | 50% |
| Lot Size | 6,098 | 7,841 | 50% |
| Price | $835K | $850K | 50% |
| Price per square foot | $455 | $578 | 50% |
| Built year | 1959 | 9450980 | 100% |
| HOA | |||
| Days on market | 149 | 170 | 50% |
Condition Rating
Fair
Built in 1959, this duplex is aged but appears to be maintained. The kitchen features very dated white cabinets, laminate countertops, and older appliances, with a washer/dryer inconveniently located within the kitchen space. The flooring throughout is dated tile. The presence of window AC units suggests a lack of central cooling. While functional and livable, the property requires significant updates to the kitchen, bathrooms (not pictured but likely similar condition), and overall systems to meet modern standards, aligning with the 'Fair' category.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex with two identical units, each generating rental income, providing immediate cash flow for investors.
Established Tenancy: Both units have long-term tenants on month-to-month leases, ensuring consistent rental income of $3,975 per month ($1,975 + $2,000).
Desirable Coastal Proximity: Located near the Ocean in Port Hueneme, offering an attractive lifestyle for tenants and potential for appreciation.
Significant Price Reduction: The property has seen a substantial price reduction from $925,000 to $835,000, presenting a more competitive value proposition.
Ample Parking: Features covered parking for 2 cars and additional uncovered parking for 3 cars, a valuable amenity for a multi-unit property.
Cons
Age of Property: Built in 1959, the property is over 60 years old, which may imply potential for aging infrastructure and higher maintenance costs.
Month-to-Month Leases: While flexible, month-to-month tenancy can lead to higher turnover rates or less predictable income compared to longer-term leases.
Limited Modern Updates: Beyond tile flooring, the description does not highlight significant recent renovations, suggesting potential for future capital expenditure to modernize units.