Active
$2,650,000
Units
16 Beds
8 Baths
8,772 Area(sq.ft.)
Lot: 17,424 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| 0 | $ 0 | $ 0 | $ 0 |
| MLS #: | V1-29652VC |
| Days On Market: | 220 |
| Listing Date: | April 30, 2025 |
| County: | Ventura County |
| Property Type: | Residential Income |
| Price per ft2: | $ 302 |
| Year Built: | 1965 |
Property Details
327 & 331 S Steckel Dr offer the opportunity for an investor to acquire two contiguous fourplex apartment buildings that are centrally located in Santa Paula with convenient access to shopping centers, schools and parks. Properties may be sold together to one Buyer or separately to 2 Buyers with a concurrent close. Each property features (4) 2BD/1.5BA units (1,097 SF apiece) with 5 garage spaces and additional uncovered off street parking. Each unit is separately metered for gas and electricity, and each building has 1 water meter. Additionally each buildings has a laundry room that brings in a combined $500/M. There are (2) 75 gallon water heaters that were each replaced within the last 3 years.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 81,471 |
| Net Operating Income: | $ 125,209 |
| Cap Rate: | 4.7% |
| Gross Rent Multiplier: | 12.40 |
Structure
| Community Features: | Biking, Sidewalks, Park, Hiking |
| View Description: | None |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Direct Entrance, Garage - 1 Car, Garage - 2 Car |
| Total Parking: | 10 |
Interior
| Cooking Appliances: | None |
| AC/Cooling: | None |
| Equipment: | Laundry Area, None |
| Heating: | Natural Gas |
| Fireplace Rooms: | None |
| Laundry: | Laundry Area |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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