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Key Details
Sold Price $1,221,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID V0-220008121
Sold Date 01/01/21
HOA Y/N No
Year Built 1965
Lot Size 8,999 Sqft
Acres 0.2066
Property Description
This six-unit apartment property has a favorable unit mix (2) one-bedroom, one-bathroom units; (3) two-bedroom, one-bathroom units; and, (1) three-bedroom, one-bathroom unit. The seller's very conservative posture on rent increases makes this investment property readily available for several rounds of annual rent increases allowed under AB 1482 to conform with current market rental rates and provide dramatic increase in cash flow and value.
Location
State CA
County Ventura
Area Spl - Santa Paula
Zoning R4
Interior
Flooring Carpet
Fireplace No
Appliance NoHotWater
Exterior
Garage Assigned, Carport
Carport Spaces 6
View Y/N No
Parking Type Assigned, Carport
Total Parking Spaces 6
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 1030042095
Acceptable Financing Cash, CashtoNewLoan
Listing Terms Cash, CashtoNewLoan
Financing CashtoNewLoan
Special Listing Condition Standard
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Bought with Craig Lieberman • AIS Property Management Services
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