235 N 8th St - Multi-Family FOR SALE


Santa Paula, CA 93060
$1,295,000 USD
805-320-6646
235 N 8th St, Santa Paula, CA for Sale
$1,295,000 USD
Multi-Family - FOR SALE
1/3
null | Request Cap Rate

235 N 8th St
Santa Paula, CA 93060


OVERVIEW

Tucked at the rear of a flag lot off N.8th Street, this 1984 built triplex features a desirable mix of three spacious (940 average square-foot) 3 bed/2 bath units, each separately metered for gas and electric. Strong in place rents total $8,694 per month ($104,328 annually): Unit A $2,750, Unit B $2,950, Unit C $2,994. Operating expenses remain efficient with fixed annual costs for water ($5,693), gas ($476), electric ($534), trash ($1,395), and insurance ($2,214). Seller noted how easy and seamless it is to operate this well-maintained investment property.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$460 USD /SF

# OF UNITS

3

PRICE/UNIT

$431,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Triplex Santa Paula

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

6

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

103-0-071-245

ASK ABOUT THIS PROPERTY

Craig LiebermanApartment Investment SpecialistsMore Info
805-320-6646

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Craig LiebermanApartment Investment SpecialistsMore Info
805-320-6646

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.