Property Showcase

350 S Steckel DrSANTA PAULA, CA 93060

$6,250,000
Multi-Family
Status: Active
  • Bed:32
  • Bath:24
  • Sqft:15,540
  • Lot:38,732 sq ft
  • MLS#: 21-754048
34.342208862304688-119.07546234130859
Courtesy Of 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
Floors 2 County VENTURA
Rental Price $0 Units 24
Zoning R4

Additional Features:

Board The Combined Los Angeles/Westside MLS
Condition Updated/Remodeled
Cooling None
Disclosures None
Heating Wall
Kitchen Features Formica Counters
Laundry Laundry Area
Mello Roos Tax Unknown
Other Structures Other
OtherEquipment Range/Oven
Owner Pays Water
Parking Carport
Uncovered
Pool In Ground
Pool YN Yes
Rent Control Fo
Roof Shingle
Special Conditions Standard
Tenant Pays Electricity
Gas
Unit 1 Furnished No
Unit 2 Furnished No
Water Heater Yes

Extra Features:

Cap Rate 4.57 Carport Spaces 24
Covered Parking 24 Expenses 161625
Gross Income 460884 Gross Operating Income 447057
Listing Agent License Number 01379489 Lot Size Area 38732
LP Per SQFT 402.19 Net Operating Income 285433.00
Number of Buildings 2 Parking Spaces 36
Price Per Unit 260714.00 Total Acres 0.8892
Unit 1 Bathrooms 1.00 Unit 1 Bedrooms 1
Unit 1 Rent 23840.00 Unit 1 Total Units 16
Unit 2 Bathrooms 1.00 Unit 2 Bedrooms 2
Unit 2 Rent 13688.00 Unit 2 Total Units 8

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is copyrighted in 2021 by the Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. Any dissemination of this information in violation of copyright laws is strictly prohibited. TheMLS
Information deemed reliable but not guaranteed.
Copyright© 2021 Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. All Rights Reserved.
Last Updated On: 10/18/2021 7:37:55 AM

350 S Steckel Dr, SANTA PAULA, CA 93060

Home Estimates

Home Sales near 350 S Steckel Dr SANTA PAULA, CA 93060

Neighborhood info courtesy of Homes.com © 2021

Demographics

Demographics of SANTA PAULA, CA

Neighborhood info courtesy of Homes.com © 2021

Schools

Schools near 350 S Steckel Dr SANTA PAULA, CA 93060

Neighborhood info courtesy of Homes.com © 2021

Climate

Climate of SANTA PAULA, CA

Neighborhood info courtesy of Homes.com © 2021

Houses of Worship

Houses of worship near 350 S Steckel Dr SANTA PAULA, CA 93060

Neighborhood info courtesy of Homes.com © 2021

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is copyrighted in 2021 by the Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. Any dissemination of this information in violation of copyright laws is strictly prohibited. TheMLS
Information deemed reliable but not guaranteed.
Copyright© 2021 Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. All Rights Reserved.
Last Updated On: 10/18/2021 7:37:55 AM

recently seen homes

Similar Listings near 350 S Steckel Dr SANTA PAULA, CA 93060

RE/MAX Desert Properties

Joan Ross

Cell:(760) 272-6179
Business:(760) 272-6179

request more info.

schedule a showing

What's My Mortgage?

RE/MAX Desert Properties

Joan Ross

1775 East Palm Canyon Dr.Ste 102Palm SpringsCA92264
Cell:(760) 272-6179
Business:(760) 272-6179
Fax:(760) 320-4267
Cal DRE#01084585

A Better Way to Buy and Sell Real Estate

This is a one-stop real estate website for all your home buying and selling needs in Palm Springs, CA.

Contact us if you'd like more information on finding your dream home or preparing to sell your home.
150012706.homesconnect.com is powered by Homes.com & Joan Ross, number one in real estate for Palm Springs, CA © Homes Media Solutions
All rights reserved. All information deemed reliable but not guaranteed