327-331 S Steckel Dr Immeuble residentiel 8 lots 2 293 045 € (286 631 €/Lot) Taux de capitalisation 4,73 % Santa Paula, CA 93060

327 & 331 S Steckel Dr offer the opportunity for an investor to acquire two contiguous fourplex apartment buildings that are centrally located in Santa Paula with convenient access to shopping centers, schools and parks. Properties may be sold together to one Buyer or separately to 2 Buyers with a concurrent close. Each property features (4) 2BD/1.5BA units (1,097 SF apiece) with 5 garage spaces and additional uncovered off street parking. Current rents of $17,594/mo provide for stable in-place income with room to immediately grow rents through an allowed AB 1482 increase and additional upside upon unit turns. Each unit is separately metered for gas and electricity, and each building has 1 water meter. Additionally each buildings has a laundry room that brings in a combined $500/MO in additional revenue. There are (2) 75 gallon water heaters that were each replaced within the last 3 years. Built in 1965, the buildings total 8,772 SF and are set on 2 lots totaling 17,424 SF of land. Don’t miss this opportunity to own side-by-side fourplexes in one of the strongest rental markets of Ventura County.