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    208 E Santa Barbara St

    Santa Paula, CA 93060
    • $1,300,000
    • STATUS: Active
    • ON SITE: 86 days
    • MLS #: 20-2935
    $1,300,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing provided courtesy of A.I.S. Property Management Services.

    Description

    This six-unit apartment property has a favorable unit mix - (2) one-bedroom, one-bathroom units; (3) two-bedroom, one-bathroom units; and, (1) three-bedroom, one-bathroom unit. The seller's very conservative posture on rent increases makes this investment property readily available for several rounds of annual rent increases allowed under AB 1482 to conform with current market rental rates and provide dramatic increase in cash flow and value.

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    © 2020 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2020-10-25T23:46:57.533. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2020-10-25T23:46:57.533.
    www.theziagroup.com/homes/108444599
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    208 E Santa Barbara St Santa Paula, CA 93060

    • Price: $1,300,000
    • Status: Active
    • MLS #: 20-2935
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    1965
    Built
    Neighborhood:
    Out of Area
    County:
    Ventura
    Area:
    Out of Area
    Elementary School:
    Other
    Middle School:
    Other
    High School:
    Other
    Property Description
    This six-unit apartment property has a favorable unit mix - (2) one-bedroom, one-bathroom units; (3) two-bedroom, one-bathroom units; and, (1) three-bedroom, one-bathroom unit. The seller's very conservative posture on rent increases makes this investment property readily available for several rounds of annual rent increases allowed under AB 1482 to conform with current market rental rates and provide dramatic increase in cash flow and value.
    Exterior Features

    Parking Information Carport

    Interior Features

    Unit1 Baths 1.00 Unit1 Bedrooms 2.00 Unit1 Half Baths 0.00 Unit2 Baths 1.00 Unit2 Bedrooms 1.00 Unit3 Baths 1.00 Unit3 Bedrooms 3.00

    Property Features

    Cross Street N Palm Avenue Deposit 3.00 Income Expenses Annual Income 87900.00 Income Expenses Gross Rent Multiplier 14.8 Terms CashCtnl Unit1 Furnished No Unit1 Monthly Total 3675.00 Unit1 Rent 1275.00 Unit1 Units 3.00 Unit2 Monthly Total 2125.00 Unit2 Rent 1075.00 Unit2 Units 2.00 Unit3 Monthly Total 1300.00 Unit3 Rent 1350.00 Unit3 Units 1.00 Zoning R-4

    Listing information © 2020 Santa Barbara MLS
    Listing provided courtesy of A.I.S. Property Management Services.



    © 2020 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2020-10-25T23:46:57.533. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2020-10-25T23:46:57.533.
     
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    The Zia Group | Keller Williams Santa Barbara
    1435 Anacapa Street
    Santa Barbara CA, 93101
    Listing provided courtesy of A.I.S. Property Management Services.