924 Yale Street, Santa Paula, CA 93060

$1,349,000
List Price
$1,349,000
Status
ACTIVE
MLS#
V1-12473
Year Built
1950
Lot Size
10,920
Acres
0.2507
Lot Location
Front Yard, Level, SprinklersNone
Days on Market
50
Property Type
Multifamily
Style
Cottage
Property Sub Type
Mixed Use
Stories
One Level
Neighborhood
Other

Property Description

Investment opportunity near Downtown Santa Paula. 6 detached single family , single story 1+1 cottages, each with a laundry room and all with separate addresses on one large and level lot. Per public records the property is Zoned C-1 allowing 6-9 apartments. The owner believes the units were built in 1950. Gross rents are low and upside opportunity awaits. Unit 920 has an additional sewing room of approximately 110 sq. ft. The roofs were done with permits in 2000 and the vinyl siding added with permits in 2003. Units 916, 918, 920 and 922 have been updated inside (see photos). Unit 926 has had the bathroom remodeled and unit 924 is in near original condition. All units have separate meters for gas and electricity; there is currently only one water meter. There are seven storage sheds on the Southside of the property, each is approximately 120 sq. ft. (10'x12').

Additional Information

Pool Description
None
Heat
Space Heater
Cooling Description
None
View
None
Exterior Construction
Lap Siding, Vinyl Siding
Roof
Composition
Sewer
Public Sewer
Water
Public
Interior Features
AllBedroomsDown
Attached Structure
Detached
Number Of Units Total
6
Gross Scheduled Income
$75,780
Operating Expense
13788

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Matt Shepherd from Listing Office: Shepherd Realty

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 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.