$1,200,000
$1,222,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
0.25 Acres Lot
SOLD DATE : 08/29/2022
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID V1-12473
Sold Date 08/29/22
HOA Y/N No
Year Built 1950
Lot Size 0.251 Acres
Lot Dimensions Public Records
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').
Location
State CA
County Ventura
Area Spl - Santa Paula
Building/Complex Name Veterans Park
Zoning C-1
Interior
Interior Features All Bedrooms Down
Heating Space Heater
Cooling None
Flooring Carpet, Vinyl
Fireplaces Type None
Fireplace No
Laundry Inside, Laundry Room
Exterior
Parking Features Public, On Street
Fence None
Pool None
Community Features Street Lights
View Y/N No
View None
Roof Type Composition
Private Pool No
Building
Lot Description Front Yard, Level, Sprinklers None
Faces Northwest
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Cottage
Level or Stories One
Others
Senior Community No
Tax ID 1030104215
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Private
Special Listing Condition Standard
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Bought with Matt Shepherd • Shepherd Realty