414 North Mill Street

Santa Paula, CA 93060

$1,395,000
Price
9
Beds
6
Baths
3,144 Sq. Ft.
$444 / Sq. Ft.
3,144
Sq. Ft.
$444
per Sq. Ft.

Description

Great Investment Opportunity in a wonderful Santa Paula location with 5 total units that include a large 4 Bedroom + 2 Bathroom main house and a rear 4-plex. The features of the home includehardwood floors, all bedrooms upstairs, washer and dryer hookups and private backyard. The rear 4-plex includes 3 - 1 bedroom,+ 1 bath units and 1 - 2 bedroom + 1 bathroom unit. The property offers parking on-site for each unit and the front home has a one car garage and 2 additional spaces in the front of the...Great Investment Opportunity in a wonderful Santa Paula location with 5 total units that include a large 4 Bedroom + 2 Bathroom main house and a rear 4-plex. The features of the home includehardwood floors, all bedrooms upstairs, washer and dryer hookups and private backyard. The rear 4-plex includes 3 - 1 bedroom,+ 1 bath units and 1 - 2 bedroom + 1 bathroom unit. The property offers parking on-site for each unit and the front home has a one car garage and 2 additional spaces in the front of the home. Seller has recently spent thousands upgrading/replacing the Sewer lines. Solid income with strong rental history and low vacancy.
  1. Listed by David Remedios • DRE #00902963 • RE/MAX Gold Coast REALTORS
  2. Listed by Marla Remedios • DRE #01992350 • RE/MAX Gold Coast REALTORS

Property Details for 414 North Mill Street

Living Area
3144
Area
Santa Paula (SPL) (L)
Lot Size Area
9800
Home owner Dues
$0
Assessor Parcel Number
100-0-172-035
Directions
Santa Paula St., North on N. Mill St.

Location

Listing Courtesy of RE/MAX Gold Coast REALTORS, David Remedios, DRE #00902963; RE/MAX Gold Coast REALTORS, Marla Remedios, DRE #01992350
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LISTING UPDATED: 03/24/2024 09:04 PM

Property Details for 414 North Mill Street

StatusActive
MLS #V1-19796VC
Days on Market224
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.22 AC / 9,800 SF
CountyVentura County

Location

Listing Courtesy of RE/MAX Gold Coast REALTORS, David Remedios, DRE #00902963; RE/MAX Gold Coast REALTORS, Marla Remedios, DRE #01992350
Add your commute

Building Information for 414 North Mill Street

Stories-Residences-Year Built1926Building Size-Lot Size0.22 AC / 9,800 SF

Payment Calculator

$8,285 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,613

Property Taxes

$672

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 414 North Mill Street

Community / Development
Community / Development
  • Number Of Units: 5
  • Community Features: Foothills, Sidewalks, Park
  • Builders Tract Name: McKevett Heights - 0518
  • Builders Tract Code: McKevett Heights - 0518
Structure Info
Structure Info
  • Building Type: Attached
  • Year Built Source: Assessor
  • View: No
  • View Description: None
  • Guest House: None
  • Direction Faces: East
  • Exposure: East
  • Water: Public
  • Sewer: Public Sewer
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $70,888.00
  • Cap Rate: 5.10%
  • Gross Rent Multiplier: $12.63
  • Total Annual Expense: 39572
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Lot Acreage: 0.0
  • Telephone: 0.0
  • Cable: 0.0
  • Assessments: None
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car, Parking Space
  • Total Parking: 5
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 1
  • Carport Spaces Total: 0
  • Number Of Remote Controls: 0.0
Interior Features
Interior Features
  • Cooling Type: None
  • Heating Type: Wall
Exterior Features
Exterior Features
  • Pool: No
  • Pool Description: None
  • Spa: No
  • Spa: None
  • Roof: Composition
  • Fence: Wood
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,040.00
  • Unit Actual Rent: $3,040.00
  • Unit Projected Rent: $3,250.00
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,595.00
  • Unit Actual Rent: $1,595.00
  • Unit Projected Rent: $1,895.00
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,550.00
  • Unit Actual Rent: $1,550.00
  • Unit Projected Rent: $1,595.00
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,425.00
  • Unit Actual Rent: $1,425.00
  • Unit Projected Rent: $1,595.00
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,595.00
  • Unit Actual Rent: $1,595.00
  • Unit Projected Rent: $1,595.00
Unit Details
  • Number of Electric Meters: 5
  • Number of Gas Meters: 5
  • Number Leased: 5
  • Number Water Meters: 1

Property History for 414 North Mill Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 414 North Mill Street

Taxable ValueLand$256,009Additions$438,062Total$694,071
Tax Record2023$8,062 ($672 / month)
Home Facts
Total Finished SqFt3,144 SqFtAbove Grade Finished SqFt3,144 SqFtLot Size9,800 SqFtStyleMulti-Family Dwelling (2-4)Year Built1926ZoningR1CountyVENTURAAPN100-0-172-035

Schools near 414 North Mill Street

This home is within Santa Paula Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Mckevett Elementary
PublicK to 5

Isbell Middle
Public6 to 8

Santa Paula High
Public9 to 12

Renaissance High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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414 North Mill Street is a multi-family home for sale in Santa Paula, CA 93060. This property was listed for sale on August 29, 2023 by RE/MAX Gold Coast REALTORS, it's currently listed at $1,395,000. It has been on the market for a total of 224 days and was last sold on September 28, 2015. This listing's school district is Santa Paula Unified School District. Nearby schools include Mckevett Elementary, Isbell Middle and Santa Paula High. 414 North Mill Street is a 9-bed, 6-bath, 3,144 sqft multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Gold Coast REALTORS, David Remedios, DRE #00902963; RE/MAX Gold Coast REALTORS, Marla Remedios, DRE #01992350

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.