Property Showcase

350 S Steckel DriveSANTA PAULA, CA 93060 0

$6,250,000
Multi-Family
Status: Active
  • Sqft:
  • Lot:0.88 acre
  • MLS#: 21754048
34.342109680175781-119.07563781738281
Courtesy Of Brian Glen Barrios, DRE#01379489, Cooperation Capital Group, Inc.

Description:

4.57% Cap Rate. $285,433 NOI. 350 S Steckel Drive is an attractive 24-unit apartment building with a strong value add component simply by raising rents. The property is on a quiet street in Santa Paula with (16) 1BD/1BA and (8) 2BD/1BA units. The complex features a pool, 24 carports, 12 uncovered onsite parking spots, ample street parking, onsite laundry, and separate (electric and gas) meters. The entire property was re-plumbed over the last year, including all new copper supply lines to both buildings and brand-new water heaters. Every unit has been renovated. Shopping, restaurants, Teague Park and Hwy 126 are nearby for convenience. Ventura and Oxnard beaches and parks are a quick 15 mile drive away. Marketing Package is in the documents.

Main Features:

Listing Status Active Year Built 1974
County VENTURA Rental Price $0
Units 24 Zoning R4

Additional Features:

Carport Y
Condition UpdatedRemodeled
Cooling None
Heating WallFurnace
Listing Service FullService
Listing Type ExclusiveRightToSell
Parking Carport
Uncovered
Pool InGround
Possession CloseOfEscrow
Roof Shingle
Special Conditions Standard
Tenant Pays Electricity
Gas

Extra Features:

Building Square Feet 15540 Carport Spaces 24
CDOM 83 DOM 83
Gross Income 460884 Listing Key 526203680
Net Operating Income 285433 Number of Buildings 2
Parcel Number 1050152155 Public Document Count 1

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable Copyright 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Information deemed reliable but not guaranteed.
Copyright© 2021 California Regional Multiple Listing Service, Inc. All rights reserved.
Last Updated On: 10/18/2021 11:37:55 AM

350 S Steckel Drive, SANTA PAULA, CA 93060

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable Copyright 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Information deemed reliable but not guaranteed.
Copyright© 2021 California Regional Multiple Listing Service, Inc. All rights reserved.
Last Updated On: 10/18/2021 11:37:55 AM

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