Property Detail

235 8th

Santa Paula CA 93060

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$1,295,000

Status: Active

Property Details

Description

Tucked at the rear of a flag lot off N.8th Street, this 1984 built triplex features a desirable mix of three spacious (940 average square-foot) 3 bed/2 bath units, each separately metered for gas and electric. Strong in place rents total $8,694 per month ($104,328 annually): Unit A $2,750, Unit B $2,950, Unit C $2,994. Operating expenses remain efficient with fixed annual costs for water ($5,693), gas ($476), electric ($534), trash ($1,395), and insurance ($2,214). Seller noted how easy and seamless it is to operate this well-maintained investment property.

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