NOT LISTED FOR SALE

425 Ojai Rd Santa Paula, CA 93060

14 Beds
7 Baths
-- Sq Ft
0.39 Acres

Last Sold November 19, 2021

Last sale price $1,650,000

28 Days on Market

Highlights

  • 0.39 Acre Lot
  • Laundry Room
  • Wood Fence
  • Cottage
  • Tile Flooring
  • Heating System Uses Natural Gas

About This Home

As of November 2021

A LOVELY PROPERTY THAT WAS REMODELED JUST A FEW YEARS AGO. YOU EVEN GET A 'WHITE PICKET FENCE'! These homes had flat roofs and were changed to 'Trusses', all new windows many new kitchens and baths, some new plumbing and electrical. Newer exterior stucco & paint, also. The front home (425) has had a MAJOR interior/exterior remodel and is gorgeous! This is an eye-appealing cluster of 7 single-family homes. On-site coin operated laundry room is owned/maintained by the owner. There does not appear much to be done here except to enjoy your tenants and maintain these already nice homes. Carport parking in rear with alley access. You really must see to appreciate this well priced, well cared for, development!

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

  • 0.39 Acre Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • No Sprinklers

Home Design

  • Cottage
  • Asbestos Shingle Roof
  • Stucco

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 9 Parking Spaces
  • 7 Carport Spaces
  • Parking Available
  • Driveway
  • Assigned Parking

Utilities

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

Additional Features

  • Gas Oven
  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Tract Number 4
  • Assessor Parcel Number 1010141165

Community Details

Overview

  • 7 Buildings
  • Santa Paula: Other 0052 Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,279
  • Insurance Expense $2,172
  • Trash Expense $3,346
  • Water Sewer Expense $9,987
  • Operating Expense $14,612
  • Gross Income $122,400
  • Net Operating Income $107,788

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: Stoves & Refrigerators in homes B & C.
  • 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: 9987.00
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 1010141165
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Carport Spaces: 7.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Carport
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Gas Oven
  • Electric: Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Community
  • Sewer: Sewer Assessments, Public Sewer
  • Trash Expense: 3346.00
  • 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 Sq Ft: 16972.00
  • Lot Size Acres: 0.3896

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1279.00
  • Gross Income: 122400.00
  • Gross Scheduled Income: 122400.00
  • Insurance Expense: 2172.00
  • Lot Size Area: 16972.0000 Square Feet
  • Net Operating Income: 107788.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Operating Expense: 14612.00
  • Other Expense Description: Exp. do not include Taxes, Ins., Reserves, Mgmt.
  • Rent Control: No
  • Total Expenses: 14612.00

Tax Info

  • Tax Tract Number: 4.00

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
11/19/2021 11/19/21 Sold $1,650,000 +3.2% --
10/06/2021 10/06/21 Pending -- -- --
09/19/2021 09/19/21 For Sale $1,599,000 -3.1% --
09/09/2021 09/09/21 Off Market $1,650,000 -- --
09/08/2021 09/08/21 For Sale $1,599,000 -- --
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: V1-8273

Ventura County Regional Data Share