Home For Sale In Santa Paula, California

house for sale

Listed: 03/19/24

1101 Saticoy Street, Santa Paula, CA 93060, USA

9 Bed:

2 Bath:

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Price

$ 2,9M

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About This House

Completely renovated ''inside and out'' in 2022, this 5% cap 8-unit property is situated within a gated community that offers its tenant community privacy and security. With its highly desired individual 3 Bedroom cottage-style units that offer laundry hook-ups, this apartment community has been able to generate generous rents of about$2, 400/unit. Its gross annual rent of$232, 000on the asking price of$2, 895, 000equates to a12.5 GRM.Specific property updates include all new electrical, plumbing, interior flooring, walls, bathrooms, and kitchens. This property will undoubtedly appeal to those investors seeking a ''turnkey'' investment in the strong rental community of Santa Paula.

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Original listing

Santa Paula Housing & Living

Household Income

Median household income: $55,090

Number of households: 8,821

The average household income in Santa Paula, CA grew from $51,549 to $55,090 in the past year. This data is an estimate based upon 8,821 households in Santa Paula, CA.
The chart below presents how household income is distributed in Santa Paula, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Santa Paula, CA compared to median property taxes around the country. The prevalent amount of property taxes in Santa Paula, CA equals $3k+ , which is less than the national average.