NOT LISTED FOR SALE

4137 1/2 Ojai Rd Santa Paula, CA 93060

16 Beds
8 Baths
-- Sq Ft
0.4 Acres

Last Sold November 30, 2021

Last sale price $1,475,000

10 Days on Market

Highlights

  • Lawn
  • Wood Fence
  • 1-Story Property
  • Tile Flooring
  • Heating System Uses Natural Gas

About This Home

As of November 2021

AN INVESTORS DREAM COME TRUE! This property boasts 8 SINGLE FAMILY RESIDENCES! Each unit has 2 bedrooms and 1 bath and small yards. All parking is in back of the complex so the front is never cluttered with tenants vehicles. Conveniently located with nearby neighborhood market, schools, churches, Etc. Several tenants have had washer/dryer hook-ups installed on their rear service porches. These homes may need a little 'TLC', however, that is certainly reflected in the asking price. What an amazing addition to your portfolio; 8 single-family, stucco homes, for far less than purchasing same number of units in many apartment complexes.

Last Agent to Sell the Property

Judy Ohaco

Century 21 Masters License #00512678 Listed on: 09/08/2021

Century 21 Masters

Last Buyer's Agent

Craig Lieberman

Apartment Investment Specialists, Inc License #00682741

Apartment Investment Specialists, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.4 Acre Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • No Sprinklers
  • Lawn

Home Design

  • Asbestos Shingle Roof
  • Stucco

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • Carport
  • Parking Available
  • Uncovered Parking
  • Assigned Parking

Utilities

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

Additional Features

  • 1-Story Property
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 1010141265

Community Details

Overview

  • 8 Buildings
  • Santa Paula: Other 0052 Subdivision

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,046
  • Gardener Expense $1,200
  • Insurance Expense $3,000
  • Trash Expense $2,819
  • Water Sewer Expense $15,267
  • Operating Expense $20,332
  • Gross Income $132,900
  • Net Operating Income $112,568

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Santa Paula: Other - 0052
  • View: No
  • Water Sewer Expenses: 15267.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 1010141265
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Tile
  • Appliances: No
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Uncovered, Carport
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Cable Available, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Electric: Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Sewer: Sewer Assessments, Public Sewer
  • Trash Expense: 2819.00

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Lawn, Sprinklers None
  • Lot Size Sq Ft: 17295.00
  • Lot Size Acres: 0.3970

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 1046.00
  • Gross Income: 132900.00
  • Gross Scheduled Income: 132900.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 17295.0000 Square Feet
  • Net Operating Income: 112568.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Operating Expense: 20332.00
  • Other Expense Description: Exp. do not include Taxes, Ins., Reserves, Mgmt.
  • Rent Control: No
  • Total Expenses: 20332.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
11/30/2021 11/30/21 Sold $1,475,000 0.0% --
09/18/2021 09/18/21 Pending -- -- --
09/09/2021 09/09/21 Off Market $1,475,000 -- --
09/08/2021 09/08/21 For Sale $1,475,000 -- --
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Judy Ohaco

    Century 21 Masters

    Section Image
  • Craig Lieberman

    Buyer's Agent in 2021

    Craig Lieberman

    Apartment Investment Specialists, Inc

    (805) 687-5557

    26 Total Sales

    Craig Lieberman
    Section Image
See All Agents

Map

Source: Ventura County Regional Data Share

MLS Number: V1-8271

Ventura County Regional Data Share
California Ventura County Santa Paula 93060

4137 1/2 Ojai Rd, Santa Paula, CA

Not Listed for Sale

MultiFamily

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.

Nearby Homes