NOT LISTED FOR SALE

1202 Richmond Rd Santa Paula, CA 93060

7 Beds
3 Baths
-- Sq Ft
0.33 Acres

Last Sold November 02, 2021

Last sale price $653,000

22 Days on Market

Highlights

  • No Units Above
  • Shed
  • Heating System Uses Natural Gas
  • Laundry Room
  • Wood Fence

About This Home

As of November 2021

ATTN. ALL DEVELOPERS AND INVESTORSThis property offers a nice income to assist you with the development of the remaining vacant portion of the parcel of land. Presently there is a 3+1 Single-Family home (1208) PLUS a duplex (1202 & 1204) with each side being 2 bedrooms, 1 bath. There are no garages, however, there is off-street parking for each unit. This lot previously housed several other units which were demolished due to age deterioration. Water meters remain in place for the no-longer existing homes. THIS IS A TREMENDOUS VALUE WITH 3 UNITS, AND A LOT ABLE TO ACCOMMODATE ADDITIONAL UNITS, PRICED AT $595,000 FOR ALL. Any new construction will be subject to the approval of the City of SP. Current units are in need of repairs, also. Are YOU going to be the new owner who enhances this property to it's maximum capacity ? Perhaps reside in the single family home while you work on the duplex ? Plenty of options here! Owner has architectural blueprints for 'Small' single-family homes that were intended for this lot. Happy to share with prospective owner(s).

Last Listed By

Judy Ohaco

Century 21 Masters License #00512678 Listed on: 09/06/2021

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.33 Acre Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • No Sprinklers

Home Design

  • Triplex
  • Fixer Upper
  • Raised Foundation
  • Slab Foundation
  • Asbestos Shingle Roof
  • Stucco

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 10 Parking Spaces
  • Parking Available
  • Driveway
  • Paved Parking
  • On-Street Parking
  • Off-Site Parking

Outdoor Features

  • Exterior Lighting
  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1010112195

Community Details

Overview

  • 2 Buildings
  • Richmond Cohn 0522 Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,409
  • Fuel Expense $729
  • Insurance Expense $1,274
  • Trash Expense $1,298
  • Water Sewer Expense $5,038
  • Operating Expense $8,474
  • Gross Income $45,960
  • Net Operating Income $37,846

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Richmond-Cohn - 0522
  • View: No
  • Water Sewer Expenses: 5038.00
  • Property Condition: Fixer
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 1010112195
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall, No One Below, No One Above
  • Appliances: No
  • Levels: One

Exterior Features

  • Foundation: Slab, Raised
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Block, Wood, Chain Link
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Site, Concrete, Street, On Site, Driveway
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Cable Available, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Outside
  • Sewer: Sewer Assessments, Public Sewer
  • Trash Expense: 1298.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size: 17786
  • Lot Size Sq Ft: 14233.00
  • Lot Size Acres: 0.3267

Multi Family

  • Electric Expense: 1409.00
  • Fuel Expense: 729.00
  • Gross Income: 45960.00
  • Gross Scheduled Income: 45960.00
  • Insurance Expense: 1274.00
  • Lot Size Area: 14233.0000 Square Feet
  • Net Operating Income: 37846.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Operating Expense: 8474.00
  • Rent Control: No
  • Total Expenses: 8474.00

Range of Values:

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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 Change Sq Ft Price
11/02/2021 11/02/21 Sold $653,000 +9.7% --
09/28/2021 09/28/21 Pending -- -- --
09/19/2021 09/19/21 For Sale $595,000 -8.9% --
09/09/2021 09/09/21 Off Market $653,000 -- --
09/06/2021 09/06/21 For Sale $595,000 -- --
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-8241

Ventura County Regional Data Share