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414 N Mill Street

Santa Paula, CA 93060
  • $1,395,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: V1-19796
UPDATED: 44 min ago
$1,395,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1926
County:

School Ratings & Info

Listing Agent(s): David Remedios of Re/Max Gold Coast Realtors ((805) 339-3500) and Marla Remedios of Re/Max Gold Coast Realtors((805) 339-3500)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-29T19:37:33.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/142952403
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414 N Mill Street Santa Paula, CA 93060

  • Price: $1,395,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 44 min ago
  • MLS #: V1-19796
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1926
Built
Neighborhood:
Mckevett Heights - 0518
County:
Ventura
Area:
SPL - Santa Paula
Property Description
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.
Exterior Features

Direction Faces East Fencing Wood Foundation Details RaisedSlab Lot Features Back YardFront YardSprinklers NoneYard Number Of Separate Electric Meters 5 Open Parking Spaces 4 Parking Features ConcreteDoor-SingleGarageOn SiteOne Space Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Gas OvenGas Range Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Cap Rate 5.1 Community Features FoothillsParkSidewalks Current Financing None Exclusions Tenants Belongings Garage YN Yes Gross Income 110460 Gross Scheduled Income 110460 Insurance Expense 3500 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Maintenance Expense 5000 Net Operating Income 70888 New Taxes Expense 16042 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 39572 Possession Close Of Escrow Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 2468 Water Sewer Expense 7162 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-29T19:37:33.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): David Remedios of Re/Max Gold Coast Realtors ((805) 339-3500) and Marla Remedios of Re/Max Gold Coast Realtors((805) 339-3500)