NOT LISTED FOR SALE

208 E Santa Barbara St Santa Paula, CA 93060

Santa Paula Area
-- Bed
-- Bath
4,675 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: January 1, 2021

Last sale price $1,221,000 $261 Per Sq Ft

102 Days on Market

About This Home

As of January 2021

This six-unit apartment property has a favorable unit mix – (2) one-bedroom, one-bathroom units; (3) two-bedroom, one-bathroom units; and, (1) three-bedroom, one-bathroom unit. The seller's very conservative posture on rent increases makes this investment property readily available for several rounds of annual rent increases allowed under AB 1482 to conform with current market rental rates and provide dramatic increase in cash flow and value.

Last Agent to Sell the Property

Craig Lieberman

Apartment Investment Specialists License #00682741 Listed on: 07/31/2020

Apartment Investment Specialists

Last Buyer's Agent

Craig Lieberman

Apartment Investment Specialists License #00682741 Listed on: 07/31/2020

Apartment Investment Specialists
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • 4,675 Sq Ft Home

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Carport

Community Details

  • 6 Units
  • Gross Income $87,900

Listing and Financial Details

  • Assessor Parcel Number 103-0-042-095

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1965
  • Income Expenses Annual Income: 87900.0
  • Gross Rent Multiplier: 14.8
  • Property Information Year Built2: 1965
  • Property Information Apx # Acres: 0.2
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Parking Info Carport2: Yes
  • Parking Info Total # Unconvered Spaces: 6.0
  • Property Information Main House SqFt: 4675.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.2

Garage/Parking

  • Open Parking Spaces: 6.0
  • Parking Features: Carport

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 103-0-042-095
  • Zoning: R-4
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 87900.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Dec 11, 2020
Sold by
Bought by
Seller's Agent
Craig Lieberman
Apartment Investment Specialists
Buyer's Agent
Craig Lieberman
Apartment Investment Specialists
List Price
$1,300,000
Sold Price
$1,221,000
Premium/Discount to List
-$79,000
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$653,742
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 12, 2012
Closed on
Sep 17, 2012
Sold by
Bought by
Seller's Agent
Johnny Villar
Century 21 Masters
Buyer's Agent
Yousef Asaad
BHHS California Properties
Sold Price
$634,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$406,250
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 2007
Sold by
Bought by

Purchase Details

Closed on
Dec 18, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
6.21%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 14, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
6.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 1998
Sold by
Bought by

Purchase Details

Closed on
Feb 29, 1996
Sold by
Bought by

Purchase Details

Closed on
Oct 3, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Santa Paula, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,221,000 Chicago Title Company
$635,000 Consumers Title Company Of S
-- None Available
-- Chicago Title Company
$725,000 North American Title
$580,000 Gateway Title Company
$275,000 Old Republic Title Company
-- United Title Company
$209,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $750,000
Previous Owner $406,250
Previous Owner $424,000
Previous Owner $470,000
Previous Owner $325,000
Previous Owner $101,335
Previous Owner $243,529
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/01/2021 01/01/21 Sold $1,221,000 -6.1% $261 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $1,300,000 +104.8% $278 / Sq Ft
10/30/2012 10/30/12 Sold $634,750 -- $154 / Sq Ft View Prior Sale
09/12/2012 09/12/12 Pending -- -- --
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,050 $1,321,648 $487,095 $834,553
2024 $15,050 $1,295,734 $477,544 $818,190
2023 $14,733 $1,270,328 $468,180 $802,148
2022 $14,309 $1,245,420 $459,000 $786,420
2021 $14,268 $1,221,000 $450,000 $771,000
2020 $8,450 $714,709 $270,231 $444,478
2019 $7,987 $700,696 $264,933 $435,763
2018 $7,886 $686,958 $259,739 $427,219
2017 $7,978 $673,490 $254,647 $418,843
2016 $7,497 $660,285 $249,654 $410,631
2015 $7,168 $650,369 $245,905 $404,464
2014 $7,281 $637,631 $241,089 $396,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-2935

Santa Barbara Multiple Listing Service

APN: 103-0-042-095

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