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$1,595,000

Beds
Unknown
sq ft
Unknown

336 S Steckel Dr, Santa Paula, CA 93060

336 S Steckel Dr

Santa Paula, CA 93060

  • 6 days on market
336 Steckel Dr offers an excellent cash flowing 4plex investment opportunity featuring (4) spacious 3BD/1.5BA townhouse-style units totaling 4,698 SF (per assessor) on a 12,632 SF lot. Current monthly rents of $11,190 allow for 11.9 GRM and 5.2% CAP rate. Each 2-story unit measures 1,173 SF and includes a single-car garage, private patio and laundry hookups. Additional 6 uncovered off street parking spaces ensure tenant parking even if an astute investor converts existing garages into one or more ADUs. Unit #4 has recently undergone significant updates that include new windows, flooring, kitchen/bath appliances, baseboards, fresh paint, and copper plumbing throughout. Section 1 wood repair recently completed and parking lot received a fresh coat of asphalt and newly striped parking stalls. Assumable loan of $812,000, fixed at 6.125% through August 2033. Located less than 1 mile from major retail centers, Glen City Elementary School, and Teague Park, 336 Steckel Dr benefits from a highly desirable location with easy access to essential amenities that helps ensuring long-term tenant satisfaction and consistent rental demand.

Details

Property type

Est. home value

$1,106,356

Lot size

0.29 acres

Price per sq ft

Unknown

Year built

1973

Price History

11/08/2024
CRMLS

CRMLS #V1-26630

Listed
$1,595,000
+45%
06/16/2023
CRMLS

CRMLS #V1-17849

Sold
$1,100,000
-4.76%
08/08/2019
CRMLS

CRMLS #V0-219003692

Sold
$1,155,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Southland Cu

Loan start date

June 2023

Original loan amount

$825,000

Est. remaining balance

Not provided

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Gary A Doctrow and Marlene Larsen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/14/2024 at 2:10 PM

Listing updated: 11/08/2024 at 1:09 PM

Listed by: Nicholas Henry, Beachside Partners Phone #: (805) 453-5097

MLS: CRMLS #V1-26630

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