336 S Steckel DR Active

Santa Paula,CA 93060

$ 1595000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Santa Paula: Other - 0052

MLS Listing ID V1-26630

Year Built 1973

Lot Size 0.290 Acres

Property Description

336 Steckel Dr offers an excellent cash flowing 4plex investment opportunity featuring (4) spacious 3BD/1.5BA townhouse-style units totaling 4,698 SF (per assessor) on a 12,632 SF lot. Current monthly rents of $11,190 allow for 11.9 GRM and 5.2% CAP rate. Each 2-story unit measures 1,173 SF and includes a single-car garage, private patio and laundry hookups. Additional 6 uncovered off street parking spaces ensure tenant parking even if an astute investor converts existing garages into one or more ADUs. Unit #4 has recently undergone significant updates that include new windows, flooring, kitchen/bath appliances, baseboards, fresh paint, and copper plumbing throughout. Section 1 wood repair recently completed and parking lot received a fresh coat of asphalt and newly striped parking stalls. Located less than 1 mile from major retail centers, Glen City Elementary School, and Teague Park, 336 Steckel Dr benefits from a highly desirable location with easy access to essential amenities that helps ensuring long-term tenant satisfaction and consistent rental demand.

Location

State CA

County Ventura

Area Spl - Santa Paula

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Exterior

Parking Features Garage

Garage Spaces 4.0

Garage Description 4.0

Fence None

Pool None

Community Features Urban

View Y/N No

View None

Building

Lot Description Sprinklers None

Story 2

Others

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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