Santa Paula, CA 93060,234 N 10TH STREET N

$588,374

$588,374

Est.Price: ?

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Est. payment /mo

7,801 Sqft Lot


SOLD DATE : 05/09/2014

Key Details

Sold Price $588,374

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID V0-214012056

Sold Date 05/09/14

HOA Y/N No

Year Built 1958

Lot Size 7,801 Sqft

Property Description

Five-unit Santa Paula apartment building centrally located just a few blocks north of the downtown business district. Comprised of a charming duplex in the front, with a porch and shared yard, plus a detached triplex at the rear of the property. (4) single car garages and 1 uncovered parking space. Separate electric and gas meters. Unit mix includes a 2BD/1BA, 1.5BD/1BA and (3) 1BD/1BA units. Originally built in 1890 as a house the front building was moved to this location in 1929 at which time a 624 square foot addition was made. The triplex was built in 1958. Low turnover, 4 of the 5 tenants in place between 3-11 years. $4,425/mo. gross rents (should be at least 5% upside in rent). Nice investment opportunity available for only 11.08 x gross annual rents and less than $118k/unit

Location

State CA

County Other County

Area Vc52 - S.P. East Of Ojai/S.P. Road North

Zoning R2D

Interior

Flooring SeeRemarks

Fireplace No

Exterior

Garage Garage

View Y/N No

Private Pool No

Building

Story Two

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 1030075055

Acceptable Financing CashtoNewLoan

Listing Terms CashtoNewLoan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nicholas Henry • The Channel Group
Bought with David Remedios • RE/MAX Gold Coast REALTORS
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2434 Fenton St # 300, Vista, Ca., 91914, USA

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