Santa Paula, CA 93060 317 N Ojai St #ABCDE
$950,000
15 more
Presented By: Rita Reading with Gold Coast Investments - (805) 701-1219
- MLS# V126229
- 10/14/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 6
Baths • 5
Home Details
An amazing Investment Opportunity awaits. Presenting this unique 5-unit property situated in a thriving neighborhood with easy access to essential amenities, cultural attractions, and public transportation. With 5 units, this property promises not just one, but FIVE streams of potential income. The property has four 1+1 units in the front and one permitted detached 2+1 ADU in the back. The ADU has been newly renovated with new windows, new kitchen cabinets, granite counter tops, new flooring, paint, bathroom vanity, custom tiled shower and lighting. There are plenty of parking spaces at the back along with a newly renovated laundry room with new floors, paint, two new washers and two new dryers.The demand for quality multi-family properties is high right now and this property has sustained demand with a high rental occupancy rate. So, whether you are a seasoned investor or exploring multi-unit properties for the first time, this is an opportunity too good to pass up.
Presented By: Rita Reading with Gold Coast Investments - (805) 701-1219
Interior Features for 317 N Ojai St #ABCDE
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Common WallsNo One Above, No One Below
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate, Tile, Vinyl
Heating Y/NYes
Laundry FeaturesCommon Area, Inside, Laundry Room
Total Stories1
General for 317 N Ojai St #ABCDE
AppliancesGas Cooktop, Gas Oven, Microwave, Refrigerator
CitySanta Paula
Community FeaturesCurbs, Storm Drain(s), Street Lights, Sidewalks
Construction MaterialsStucco
CoolingNone
CountyVentura
DirectionsFrom 126 to 10th Street offramp. Take 10th street to Santa Paula Street, make right. Turn left on Ojai Street. Units are on the righthand side.
Electric Expense3660
Expected Active Date 2024-10-20
Fuel Expense1320
Garage Spaces
Garage Y/NNo
Gross Income72660
HOA Fee$
HeatingNatural Gas, Wall Furnace
Insurance Expense2520
Land Lease Y/NNo
LevelsOne
Lot Size Square Feet8100
Lot Size UnitsSquare Feet
MLS AreaSPL - Santa Paula
Net Operating Income42960
Number of Units Leased5
Operating Expense20100
Pool FeaturesNone
PossessionClose Of Escrow
Property Attached Y/NYes
Property TypeResidential Income
Rent Control Y/NNo
RoofAsbestos Shingle
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Standard StatusActive
StatusActive
Stories1
Subdivision NameSanta Paula: Other - 0052
Tenant PaysCable TV, Telephone
Trash Expense3600
ViewNone
Water Sewer Expense7800
Year Built1930
Year Built SourcePublic Records
Exterior for 317 N Ojai St #ABCDE
FencingBlock, Wood, Wrought Iron
Foundation DetailsRaised
Lot FeaturesSprinklers None
Lot Size Acres0.186
Lot Size Area8100
Lot Size SourcePublic Records
Number of Buildings2
Number of Separate Electric Meters0
Number of Separate Gas Meters0
Number of Separate Water Meters0
Parking FeaturesDriveway, Off Street, On Street, Uncovered
SpaNo
Total Parking6
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate