414 N Mill ST Santa Paula, CA 93060
Sale
$1,395,000
5 Units
9 Beds
6 Baths
3,144 Area(sq.ft.)
9,800 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
0 | 0 | $ 0 | $ 0 | $ 0 |
MLS #: | V1-19796VC |
Days On Market: | 187 |
County: | Ventura County |
Property Type: | Residential Income |
Price per ft2: | $ 444 |
Price per unit: | $ 279,000 |
Year Built: | 1926 |
Property Details
Great Investment Opportunity in a wonderful Santa Paula location with 5 total units that include a large 4 Bedroom + 2 Bathroom main house and a rear 4-plex. The features of the home includehardwood floors, all bedrooms upstairs, washer and dryer hookups and private backyard. The rear 4-plex includes 3 - 1 bedroom,+ 1 bath units and 1 - 2 bedroom + 1 bathroom unit. The property offers parking on-site for each unit and the front home has a one car garage and 2 additional spaces in the front of the home. Seller has recently spent thousands upgrading/replacing the Sewer lines. Solid income with strong rental history and low vacancy.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
Rent Control: | Yes |
Total Annual Expense: | $ 39,572 |
Net Operating Income: | $ 70,888 |
Cap Rate: | 5.1% |
Gross Rent Multiplier: | 12.63 |
Structure
Community Features: | Foothills, Sidewalks, Park |
Sewer: | Public Sewer |
View Description: | None |
Water: | Public |
Land & Parking
Land Lease Type: | Fee |
Parking Garage: | Garage - 1 Car, Parking Space |
Interior
Cooking Appliances: | Oven-Gas, Range |
AC/Cooling: | None |
Equipment: | None |
Heating: | Wall |
Laundry: | None |
Exterior
Pool: | No |
Roof: | Composition |
Spa: | No |
Detailed Map
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