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924 Yale Street

Santa Paula, CA 93060
  • $1,349,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: V1-12473
$1,349,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Listing Agent(s): Matt Shepherd of Shepherd Realty ((805) 252-2624)


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').

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. 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 Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128698098
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924 Yale Street Santa Paula, CA 93060

  • Price: $1,349,000
  • Status: Active
  • On Site: 14 Days
  • ID#: V1-12473
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1950
Built
Neighborhood:
Other
County:
Ventura
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').
Exterior Features

Architectural Style Cottage Construction Materials Lap SidingVinyl Siding Direction Faces Northwest Entry Level 1 Entry Location First /Ground Level Fencing None Lot Features Front YardLevelSprinklers None Number Of Separate Electric Meters 6 Parking Features PublicOn Street Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type MaintainedPaved Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring CarpetVinyl Heating Space Heater Heating YN Yes Interior Features All Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Common Interest None Community Features Street Lights Contingency Interior Inspection Garage YN No Gross Income 75780 Gross Scheduled Income 75780 Inclusions Range Ovens. Insurance Expense 2544 Land Lease YN No Laundry Features InsideLaundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 61992 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 0 Number Of Units Leased 6 Operating Expense 13788 Possession Negotiable Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 75780 Trash Expense 2244 Vacancy Allowance 5 Water Sewer Expense 9000 Water Source Public Zoning C-1



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. 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 Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Matt Shepherd of Shepherd Realty ((805) 252-2624)