Santa Paula, CA 93060 317 N Ojai St #ABCDE
$950,000
15 more
Presented By: Rita Reading with Gold Coast Investments;
- 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;
Interior Features for 317 N Ojai St #ABCDE
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoOneAbove, NoOneBelow
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate, Tile, Vinyl
Heating Y/NYes
Laundry FeaturesCommonArea, Inside, LaundryRoom
Total Stories1
General for 317 N Ojai St #ABCDE
Additional Parcels Y/NNo
AppliancesGasCooktop, GasOven, Microwave, Refrigerator
Attached Garage No
Carport Y/NNo
CitySanta Paula
Community FeaturesCurbs, StormDrains, StreetLights, 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 Expense3660.0
Electric On Property Y/NNo
Expected Active Date 2024-10-20
Fuel Expense1320.0
Garage Spaces0.0
Garage Y/NNo
Gross Income72660.0
HOANo
HOA Fee$0.0
HeatingNaturalGas, WallFurnace
Home Warranty Y/NNo
Insurance Expense2520.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet8100.0
Lot Size UnitsSquareFeet
MLS AreaSPL - Santa Paula
MobileHomeRemainsYNNo
Net Operating Income42960.0
New ConstructionNo
Number of Units Leased5
Operating Expense20100.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property TypeResidentialIncome
Rent Control Y/NNo
RoofAsbestosShingle
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Subdivision NameSanta Paula: Other - 0052
Tenant PaysCableTv, Telephone
Trash Expense3600.0
ViewNone
Water Sewer Expense7800.0
Year Built1930
Year Built SourcePublicRecords
Exterior for 317 N Ojai St #ABCDE
Crops Included Y/NNo
FencingBlock, Wood, WroughtIron
Foundation DetailsRaised
Gulf-FrontNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSprinklersNone
Lot Size Acres0.186
Lot Size Area8100.0
Lot Size SourcePublicRecords
Number of Buildings2
Number of Separate Electric Meters0
Number of Separate Gas Meters0
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesDriveway, OffStreet, OnStreet, Uncovered
Private PoolNo
SpaNo
Total Parking6.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate