336 S Steckel DR new Save Request In-Person Tour Request Virtual Tour
Santa Paula,CA 93060
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Santa Paula: Other - 0052
MLS Listing ID V1-26630
HOA Y/N No
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. Assumable loan of $812,000, fixed at 6.125% through August 2033. 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
Fireplace No
Appliance Gas Range
Exterior
Garage Garage
Garage Spaces 4.0
Garage Description 4.0
Fence None
Pool None
Community Features Urban
View Y/N No
View None
Parking Type Garage
Total Parking Spaces 10
Private Pool No
Building
Lot Description Sprinklers None
Story 2
Others
Senior Community No
Tax ID 1050152075
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard