320 N 11th Street, Santa Paula, CA 93060

$795,000

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List Price
$795,000
Status
ACTIVE
MLS#
V1-38954
Year Built
1992
Lot Size
4,750
Acres
0.11
Lot Location
Sprinklers None
Days on Market
0
Property Type
Multifamily
Style
Traditional
Neighborhood
Santa Paula: Other - 0052

Property Description

Duplex - Two Bedrooms, One Bath eachThis well maintained, two-unit manufactured duplex, built in 1992, offers practical living, strong rental performance, and a highly convenient location directly across from a Santa Paula learning center -- a major draw for tenants seeking walkable access for children.Property Layout & Features Two units, each 2 bedrooms / 1 bath Manufactured construction (1992) -- efficient floorplans On site parking for residents Quiet residential setting with the added benefit of being steps from the school Consistent rental demand due to proximity to education, transit, and central Santa Paula amenitiesUnit A Standard, well kept interior Current rent: $2,141/month Stable long term tenancy and reliable income streamUnit B Refurbished with updated finishes and improved interior condition Current rent: $2,300/month Demonstrates the higher rent potential when units are modernizedIncome SnapshotWith both units occupied, the duplex produces $4,441/month in gross scheduled rent -- strong for a 2 unit manufactured property in Santa Paula's school adjacent neighborhoods.

Additional Information

Appliances
Gas Range
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Roof
Composition
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$53,292

Listing courtesy of Listing Agent: Kay Wilson-Bolton (kay@realestatemagic.com) from Listing Office: eXp Realty of California Inc.

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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.