NOT LISTED FOR SALE

120 N Palm Ave Santa Paula, CA 93060

2 Beds
1 Bath
3,088 Sq Ft
9,384 Sq Ft Lot

Last Sold June 26, 2020

Last sale price $800,000 $259 Per Sq Ft

5 Days on Market

Highlights

  • Laundry Room
  • Level Lot
  • Front Yard

About This Home

As of June 2020

Investors, this is a great 4 plex located in the heart of Santa Paula. Each unit is a 2 bedroom 1 bathroom. All consistently rented. There is covered parking plus utility building for community laundry. Located on a large lot, there is plenty of room to expand. Each unit has dedicated meters for electric. Low operating expenses. 4 carport parking spaces plus plenty of parking in back. Lots of addition land to build and expand.

Last Agent to Sell the Property

Kathy Bradford

eHomes License #00961895 Listed on: 02/06/2020

eHomes

Last Buyer's Agent

Allan Hasson

California Oaks Inc License #00796056

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 9,384 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Front Yard

Home Design

  • Property Attached

Interior Spaces

  • 3,088 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 4 / C
  • Assessor Parcel Number 1030044065

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,676
  • Other Expense $1,000
  • Pest Control $1,500
  • Trash Expense $1,000
  • Water Sewer Expense $8,200
  • New Taxes Expense $10,625
  • Operating Expense $26,476
  • Gross Income $69,600
  • Net Operating Income $65,000

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 8200.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 1030044065
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 259.07

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Individual Room, Washer Included
  • Pest Control Expense: 1500.00
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street
  • Lot Size Sq Ft: 9384.00
  • Lot Size Acres: 0.2154

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average2 Bed Area: 780 Square Feet
  • Gross Income: 69600.00
  • Gross Scheduled Income: 69600.00
  • Insurance Expense: 1676.00
  • Lot Size Area: 9384.0000 Square Feet
  • Net Operating Income: 65000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 26476.00
  • Other Expense: 1000.00
  • Other Expense Description: lega
  • Rent Control: No
  • Total Expenses: 26476.00

Tax Info

  • New Taxes Expense: 10625.00
  • Tax Block: C
  • Tax Census Tract: 7.01
  • Tax Lot: 4
  • Tax Tract Number: C4

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $800,000 -5.9% $259 / Sq Ft
05/23/2020 05/23/20 For Sale $850,000 0.0% $275 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $850,000 -- $275 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kathy Bradford

    eHomes

    Section Image

  • A

    Buyer's Agent in 2020

    Allan Hasson

    California Oaks Inc

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20027879

California Regional Multiple Listing Service (CRMLS)

APN: 103-0-044-065

California Ventura County Santa Paula 93060

120 N Palm Ave, Santa Paula, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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