4.57% Cap Rate. $285,433 NOI. 350 S Steckel Drive is an attractive 24-unit apartment building with a strong value add component simply by raising rents. The property is on a quiet street in Santa Paula with (16) 1BD/1BA and (8) 2BD/1BA units. The complex features a pool, 24 carports, 12 uncovered onsite parking spots, ample street parking, onsite laundry, and separate (electric and gas) meters. The entire property was re-plumbed over the last year, including all new copper supply lines to both buildings and brand-new water heaters. Every unit has been renovated. Shopping, restaurants, Teague Park and Hwy 126 are nearby for convenience. Ventura and Oxnard beaches and parks are a quick 15 mile drive away. Marketing Package is in the documents.
Off market
$4,274,200
350 S Steckel Dr, Santa Paula, CA 93060
32beds
24baths
15,540sqft
MultiFamily
Built in 1974
-- sqft lot
$4,274,200 Zestimate®
$275/sqft
$1,874 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 32
- Bathrooms: 24
Heating
- Wall
Cooling
- None
Appliances
- Included: Range / Oven
- Laundry: Laundry Area
Interior area
- Total interior livable area: 15,540 sqft
Property
Parking
- Total spaces: 36
- Parking features: Carport
Lot
- Size: 0.89 Acres
Details
- Additional structures: Other
Construction
Type & style
- Home type: MultiFamily
Condition
- Updated/Remodeled
- Year built: 1974
Community & neighborhood
Location
- Region: Santa Paula
Other
Other facts
- Equipment: Range/Oven
- Heating: Wall
- ListingStatus: Active
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- SourceLotSizeArea: Vendor Enhanced
- ParkingGarage: Uncovered, Carport
- Laundry: Laundry Area
- Roof: Shingle
- PropertyCondition: Updated/Remodeled
- PoolDescription: In Ground
- Country: US
- County: Ventura
- KitchenFeatures: Formica Counters
- ListingArea: S.P. West of Ojai/S.P. Rd South
- UnitTypeType: 2106, 2107
- OtherStructures: Other
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$4,274,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$4,274,200