114 S Olive Street, Santa Paula, CA 93060
- $1,974,900
- List Price
- $1,974,900
- Price Change
- ▼ $100 1678426813
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- V1-16764
- Year Built
- 1956
- Lot Size
- 16,366
- Acres
- 0.38
- Lot Location
- Level, SprinklersNone
- Days on Market
- 48
- Property Type
- Multifamily
- Neighborhood
- Santa Paula: Other - 0053
Property Description
This six-unit property is a part of six-property Ventura County multifamily portfolio, which can be purchased on an individual property basis or in any combination. The subject property is located in a primarily single-family neighborhood, and includes structures that appear single-family home like that is situated on a semi-private 16,386 square-foot parcel. The unit mix consists of half two-bedroom, one-bathroom units and half three-bedroom, one-bathroom units representing approximately 4,764 square feet of net leasable area. This property's 'private and secure' feel attracts financially strong and loyal tenants that will pay top-of-market rents.The underlying FHLMC loan is assumable with an interest rate of 4.43% and a P&I payment of $5,558 that is fixed thru 3/1/2030, and then becomes adjustable thru its maturity date of 3/1/2040.
Additional Information
- Appliances
- Gas Range
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- None
- Attached Structure
- Detached
- Gross Scheduled Income
- $160,332
- Operating Expense
- 58129
Listing courtesy of Listing Agent: Craig Lieberman (craig@ais-realestate.com) from Listing Office: Apartment Investment Specialis.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.