NOT LISTED FOR SALE

401 409 E Harvard Blvd Santa Paula, CA 93060

5 Beds
5 Baths
3,179 Sq Ft
8,400 Sq Ft Lot

Last Sold May 17, 2016

Last sale price $589,000 $185 Per Sq Ft

50 Days on Market

About This Home

As of May 2016

Great opportunity to own income producing 5 unit property in Santa Paula. Long term tenants would prefer to stay in property. Units are all occupied with section 8 tenants and are well maintained as required. Unit 405 features an additional room and private rear patio. Property has been repainted and has some upgrades performed in recent past. Minimal operating expenses make this a great opportunity for investors.

Last Agent to Sell the Property

Ed Martinez

Realty ONE Group Summit License #01437980 Listed on: 10/27/2015

Last Buyer's Agent

Karen Campbell

BHHS California Properties License #01042566

BHHS California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 8,400 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Rectangular Lot

Home Design

  • Raised Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • Gas Oven or Range
  • Carpet
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, gas, electricity
  • Assessor Parcel Number 1030220545

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Insurance Expense $1,463
  • Maintenance Expense $1,200
  • Other Expense $1,386
  • Trash Expense $1,477
  • Water Sewer Expense $6,265
  • Operating Expense $18,024
  • Gross Income $54,840

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • CapRate: 5.50
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 6265.00
  • Zoning: C2
  • Property Type: Residential Income
  • Parcel Number: 1030220545
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 188.71

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Spa: No

Utilities

  • Appliances: Gas Cooking
  • Trash Expense: 1477.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Rectangular Lot, Corner Lot
  • Lot Size Sq Ft: 8400.00
  • Lot Size Acres: 0.1928

Rental Info

  • Tenant Pays: Cable TV, Gas, Electricity

Multi Family

  • Gross Income: 54840.00
  • Gross Multiplier: 11.40
  • Insurance Expense: 1463.00
  • Lot Size Area: 8400.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Total: 5
  • Other Expense: 1386.00
  • Other Expense Description: YES
  • Total Expenses: 18024.00

Range of Values:

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Average Value
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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
05/17/2016 05/17/16 Sold $589,000 -1.8% $185 / Sq Ft
12/16/2015 12/16/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $599,900 -- $189 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Ed Martinez

    Realty ONE Group Summit

  • K

    Buyer's Agent in 2016

    Karen Campbell

    BHHS California Properties

    (805) 320-0225

    1 in this area

    45 Total Sales

    Karen Campbell
    Section Image

  • L

    Buyer Co-Listing Agent in 2016

    Lynn Kenton

    Century 21 Everest

    (805) 901-5444

    15 Total Sales

    Lynn Kenton
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V0-215015797

Ventura County Regional Data Share
California Ventura County Santa Paula 93060

401 409 E Harvard Blvd, Santa Paula, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Ventura County Regional Data Share IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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