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$1,222,000   Price Analysis
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924 Yale St
Santa Paula, CA 93060
Unknown bed None bath unknown SqFt ($0/SqFt)
0.25 acre lot. Built 1950
Listed 2023-03-03, Taxes $3,524
Ⓧ USDA Ineligible
due to price & location

near Limon

Investment opportunity near Downtown Santa Paula.

* No Longer For Sale *
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6 detached single family , single story 1+1 cottages, each with a laundry room and all with separate addresses on one large and level lot. P er public records the property is Zoned C-1 allowing 6-9 apartments. The owner believes the units were built in 1950. Gross rents are low and upside opportunity awaits. Unit 920 has an additional sewing room of approximately 110 sq.

ft. The roofs were done with permits in 2000 and the vinyl siding added with permits in 2003. Units 916, 918, 920 and 922 have been updated inside (see photos). Unit 926 has had the bathroom remodeled and unit 924 is in near original condition. All units have separate meters for gas and electrcity; there is currently one water meter. There are seven storage sheds on the Southside of the property, each is approximately 120 sq. ft. (10'x12').


Presented by Matt Shepherd at
Shepherd Realty.
Listing Agent Photo

Property MLS #V1-12473 from CRMLS

Appliances YN: Y
Laundry Features: Individual Room, Inside

All Bedrooms Down

Heating Features: Space Heater
Heating: Yes

Flooring: Carpet, Vinyl

Lot Description: Front Yard, Level
Lot Size Acres: 0.2507
Lot Size Dimensions: 90' x 120' x 89' x 120'
Lot Size Source: Public Records
Lot Size Square Feet: 10920

Road Frontage Type: City Street
Road Surface Type: Maintained, Paved

Parking Features: Parking YN: Y, Parking Features: Public, Street

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 6

Number of Units Leased: 6
Tenant Pays: Electricity, Gas
Vacancy Allowance: 5

Community Features: Street Lights

Source Listing Status: Closed
County: Ventura
Source Property Type: Residential Income
Inclusions: range ovens.
Insurance Expense: 2544.00
Area: SPL - Santa Paula
Source Neighborhood: SPL - Santa Paula
Number of Separate Electric Meters: 6
Number of Separate Gas Meters: 6
Parcel Number: 1030104215
Trash Expense: 2244.00
Zoning: C-1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$109,564 + $187,837
$297,401
$3,524
2021$107,416 + $184,154
$291,570
$3,513
2020$106,315 + $182,267
$288,582
$3,497
2019$104,231 + $178,694
$282,925
$3,310
2018$102,188 + $175,191
$277,379
$3,269
2017$100,185 + $171,756
$271,941
$3,306
2016$98,221 + $168,389
$266,610
$3,112
2015$96,747 + $165,860
$262,607
$2,979
2014$94,852 + $162,612
$257,464
$3,025
2013$94,424 + $161,878
$256,302
$3,023
2012$92,573 + $158,704
$251,277
$2,921
2010$90,758 + $155,593
$246,851
$2,869
2009$90,296 + $154,799
$245,595
$2,798
2009$90,081 + $154,431
$245,012
$2,798
2008$88,526 + $151,764
$240,790
$2,779
2007$86,791 + $148,789
$236,080
$2,654

Sold 2022-08-29
$1,200,000
CRMLS
Sold 1996-05-29
$190,000
Public Record

Net Operating Income: 61992.00

Year Built: 1950
Building Features: 6
Common Walls: No Common Walls
Construction Materials: Lap Siding, Vinyl Siding
Direction Faces: Northwest
Entry Level: 1
Entry Location: First /ground level
Property Age: 73
Roof: Composition
Levels or Stories: One
Building Total Stories: 1
Structure Type: Commercial/Residential
House Style: Cottage
Year Built Source: Seller

Sewer: Sewer: Public Sewer, Water Sewer Expense: 9000.00
Water Source: Public

Grace S. Thille Elementary is a public elementary school located approximately 0.3 miles away.
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Isbell Middle is a public middle school located approximately 0.3 miles away.
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Santa Paula High is a public high school located approximately 0.6 miles away.
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St Sebastian School is a private elementary and middle school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.