220 Garcia Street,Santa Paula, CA 93060
Santa Paula, CA 93060
Description
CALL FOR OFFERS DEADLINE HAS EXPIRED. We are pleased to present an exceptional opportunity to acquire 220 Garcia St, a fourteen (14) unit affordable housing complex in Santa Paula, California. The subject property is situated in a charming Ventura County location, west of Harvard Boulevard and south of E Main Street. Built in 1998, this property contains an excellent unit mix of twelve (12) three-bedroom / two-bathroom units and two (2) four-bedroom / two-bathroom units. The large units, averaging 1,157 SF each, are positioned across seven (7) detached buildings with one accessory laundry building. The units look and feel like single-family dwellings and are surrounded by green yard space. There is a community recreational area available with built-in barbeques and a well updated playground. Ample on-site parking and laundry common area is available for tenant use. Residents will enjoy being less than fifteen (15) miles from the beach along with the locally run business that make this community feel like home. The units are all on a 55-year recorded covenant under CTCAC, limiting the rents to 40% AMI. All other restrictions have been cleared (Buyer to verify). Seller is open to an option to partner with anew Buyer and stay on in an operational and management role. Located in a charming Ventura County location, this offering presents an excellent opportunity for an astute investor to capitalize on a bite-sized affordable housing complex in a rapidly developing market less than fifteen (15) miles to the beach.
Details
| MLS # | 26988479 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1998 |
| Days On Site | 43 |
| Listing Provided By | CBRE | John Boyett |
Features
| Bed(s) | 44 |
|---|---|
| Bath(s) | 28 |
| SQ Feet | 16,199 |
| Garage | 28 |
| Story(s) | 2 |
| Units | 14 |
| Building(s) | 7 |
| Zoning | R-2 |
| Acreage | 1.03 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Appliances | Barbecue, Dryer, Washer |
Exterior
| Lot Features | Irregular Lot, Landscaped |
|---|
Parking
| Parking Features | Door Multi, Garage, Guest, One Space, Uncovered |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Other |
|---|
Area Information
| State | CA |
|---|---|
| County | Ventura |
| City | Santa Paula |
| Zip Code | 93060 |
| Area | VC53 S.P. East of Ojai | S.P. Rd To Center of Rl |
| Listing VS Median (in 93060) | |
Price: $1,100,000 low | high Med: $749,990 sqft: 16,199 low | high Med: 2,906 $ / sqft: $68 low | high Med: $258 On site: 43 low | high Med: 2 | |
Market Activity 93060
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Ventura |
| City | Santa Paula |
| Zip Code | 93060 |
| Area | VC53 S.P. East of Ojai | S.P. Rd To Center of Rl |
| Listing VS Median (in 93060) | |
Price: $1,100,000 low | high Med: $749,990 sqft: 16,199 low | high Med: 2,906 $ / sqft: $68 low | high Med: $258 On site: 43 low | high Med: 2 | |