234 N 10TH STREET N Santa Paula, CA 93060

Five-unit Santa Paula apartment building centrally located just a few blocks north of the downtown business district. Comprised of a charming duplex in the front, with a porch and shared yard, plus a detached triplex at the rear of the property. (4) single car garages and 1 uncovered parking space. Separate electric and gas meters. Unit mix includes a 2BD/1BA, 1.5BD/1BA and (3) 1BD/1BA units. Originally built in 1890 as a house the front building was moved to this location in 1929 at which time a 624 square foot addition was made. The triplex was built in 1958. Low turnover, 4 of the 5 tenants in place between 3-11 years. $4,425/mo. gross rents (should be at least 5% upside in rent). Nice investment opportunity available for only 11.08 x gross annual rents and less than $118k/unit