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. 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.
Property Type(s):
Residential Income
Last Updated
|
11/8/2024
|
Tract
|
Santa Paula: Other - 0052
|
Year Built
|
1973
|
Community
|
Santa Paula
|
Garage Spaces
|
4.0
|
County
|
Ventura
|
Additional Details
AIR |
None |
APPLIANCES |
Gas Range |
AREA |
Santa Paula |
GARAGE |
Garage, Yes |
HEAT |
Wall Furnace |
HOA DUES |
0 |
LOT |
0.29 acre(s) |
LOT DESCRIPTION |
Sprinklers None |
PARKING |
Garage |
POOL DESCRIPTION |
None |
STORIES |
2 |
SUBDIVISION |
Santa Paula: Other - 0052 |
VIEW DESCRIPTION |
None |
Location
Listed with Beachside Partners
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