317 North Ojai Street, Unit ABCDE

Santa Paula, CA 93060

$950,000
Price
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Beds
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per Sq. Ft.

Description

An amazing Investment Opportunity awaits. Presenting this unique 5-unit property situated in a thriving neighborhood with easy access to essential amenities, cultural attractions, and public transportation. With 5 units, this property promises not just one, but FIVE streams of potential income. The property has four 1+1 units in the front and one permitted detached 2+1 ADU in the back. The ADU has been newly renovated with new windows, new kitchen cabinets, granite counter tops, new flooring, paint,...An amazing Investment Opportunity awaits. Presenting this unique 5-unit property situated in a thriving neighborhood with easy access to essential amenities, cultural attractions, and public transportation. With 5 units, this property promises not just one, but FIVE streams of potential income. The property has four 1+1 units in the front and one permitted detached 2+1 ADU in the back. The ADU has been newly renovated with new windows, new kitchen cabinets, granite counter tops, new flooring, paint, bathroom vanity, custom tiled shower and lighting. There are plenty of parking spaces at the back along with a newly renovated laundry room with new floors, paint, two new washers and two new dryers. The demand for quality multi-family properties is high right now and this property has sustained demand with a high rental occupancy rate. So, whether you are a seasoned investor or exploring multi-unit properties for the first time, this is an opportunity too good to pass up.
  1. Listed by Rita Reading • DRE #01507530 • Gold Coast Investments

Property Details for 317 North Ojai Street, Unit ABCDE

Subdivision Name
Santa Paula: Other - 0052
Garage Spaces
.00
View
None
LISTING UPDATED: 10/21/2024 12:06 PM

Property Details for 317 North Ojai Street, Unit ABCDE

StatusActive
MLS #V1-26229
Days on Market81
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1930
Lot Size0.19 AC / 8,100 SF
CountyVentura County

Building Information for 317 North Ojai Street, Unit ABCDE

Stories1Residences-Year Built1930Building Size-Lot Size0.19 AC / 8,100 SF

Property Information for 317 North Ojai Street, Unit ABCDE

Summary
Location and General Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
  • City: Santa Paula
  • Country: US
  • Directions: From 126 to 10th Street offramp. Take 10th street to Santa Paula Street, make right. Turn left on Ojai Street. Units are on the righthand side.
  • Area: VC52 - Santa Paula NE
  • Unparsed Address: 317 North Ojai St #ABCDE, Santa Paula, CA 93060
Parking
  • Parking Features: Off Street, Street, Uncovered, Driveway
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Other Annual Assessment Amount: $.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Features: Sprinklers None
  • Lot Size Acres: .19
  • Lot Size Square Feet: 8,100.00
  • Lot Size Area: 8,100.00
  • Lot Size Units: Square Feet
  • Parcel Number: 1010161175
  • Property Type: Residential Income
Property and Assessments
  • Common Walls: No One Above, No One Below
  • Documents Count: 0
  • Property Attached: Yes
  • Year Built Source: Public Records
  • Senior Community: No
Utilities
  • Cooling: None
  • Cooling: No
  • Sewer: Public Sewer
  • Water Sewer Expense: $7,800.00
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Fencing: Block, Wrought Iron, Wood
  • Foundation Details: Raised
  • Pool Features: None
  • Pool Private: No
  • Pool: No
  • Roof: Asbestos Shingle
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Spa Features: None
  • Spa: No
  • Stories Total: 1
Interior Features
  • Appliances: Refrigerator, Microwave, Gas Oven, Gas Cooktop
  • Total Bathrooms: 0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Tile, Laminate
  • Heating: Wall Furnace, Natural Gas
  • Heating: Yes
  • Laundry Features: Common Area, Individual Room, Inside
  • View: No
  • Levels: One
Multi Family
Multi-Family Information
  • Gross Scheduled Income: $69,840.00
  • Net Operating Income: $42,960.00
  • Electric Expense: $3,660.00
  • Insurance Expense: $2,520.00
  • Number Of Buildings: 2
  • Number Of Units Leased: 5
  • Operating Expense: $20,100.00
  • Other Expense: $1,200.00
  • Special Listing Conditions: Standard
  • Trash Expense: $3,600.00
Rental
Rental Information
  • Tenant Pays: Cable TV, Phone
  • Rent Control: No

Property History for 317 North Ojai Street, Unit ABCDE

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 317 North Ojai Street, Unit ABCDE

This home is within Santa Paula Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Barbara Webster Elementary
PublicK to 5

Isbell Middle
Public6 to 8

Santa Paula High
Public9 to 12

Renaissance High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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317 North Ojai Street, Unit ABCDE is a multi-family home for sale in Santa Paula, CA 93060. This property was listed for sale on October 20, 2024 by Gold Coast Investments, it's currently listed at $950,000. This listing's school district is Santa Paula Unified School District. Nearby schools include Barbara Webster Elementary, Isbell Middle and Santa Paula High. 317 North Ojai Street, Unit ABCDE is a 0-bed, 0-bath, multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gold Coast Investments, Rita Reading, DRE #01507530

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.