We are pleased to present a rare mixed-use property consisting of 11 single unit residential units and 1 large retail property with 80 feet of frontage on Pleasant Valley Road in Port Hueneme, California. The property is well located just one block away from the Port Hueneme Entrance Gate. The Port of Hueneme is the only deepwater port between the Port of Los Angeles and the Port of San Francisco, and the only Navy-controlled harbor between San Diego Bay and Puget Sound, Washington. This makes the port an extremely important and vital trade port specializing in automobile and agricultural Import and Export. The 11 single unit residential units have significant room for rental growth as the demand for single occupancy units continues to rise and is generally in great demand being so close to the port. The retail portion, which is approximately 1,900 square feet use to be a bar before it was occupied by a recreational cannabis business called Emerald Perspective. Emerald Perspective has spent a considerable amount on Tenant Improvements and enjoys great reviews and a following on Google and Yelp Reviews. This mixed-use property represents a unique investment opportunity, balancing the steady cash flow of residential units with the added value of a commercial retail space, perfect for an investor or potential owner-user.
The median home value in Port Hueneme, CA is $582,500. This is lower than the county median home value of $745,500. The national median home value is $338,100. The average price of homes sold in Port Hueneme, CA is $582,500. Approximately 40.99% of Port Hueneme homes are owned, compared to 47.14% rented, while 11.87% are vacant. Port Hueneme real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Port Hueneme real estate agent to arrange a tour today!
Port Hueneme, California has a population of 21,954. Port Hueneme is less family-centric than the surrounding county with 31.06% of the households containing married families with children. The county average for households married with children is 33.07%.
The median household income in Port Hueneme, California is $67,386. The median household income for the surrounding county is $94,150 compared to the national median of $69,021. The median age of people living in Port Hueneme is 33.4 years.
The average high temperature in July is 72.7 degrees, with an average low temperature in January of 45.5 degrees. The average rainfall is approximately 14.4 inches per year, with 0 inches of snow per year.