208 E Santa Barbara Street, Santa Paula, CA 93060

About this property

This six-unit apartment property has a favorable unit mix (2) one-bedroom, one-bathroom units; (3) two-bedroom, one-bathroom units; and, (1) three-bedroom, one-bathroom unit. The seller's very conservative posture on rent increases makes this investment property readily available for several rounds of annual rent increases allowed under AB 1482 to conform with current market rental rates and provide dramatic increase in cash flow and value.

Listing description from the January 2021 sale, as reported to CRMLS.

Sale history

$1,221,000

Sold January 2021 · listed $1,300,000, on market July 2020 · MLS #V0-220008121 · Source: CRMLS

Listing Agent: Craig Lieberman · Listing Office: Apartment Investment Specialis · Contact: (805) 320-6646 · Bought with: Craig Lieberman · AIS Property Management Services

$634,750

Sold October 2012 · listed $689,999, orig. $999,999, on market June 2011 · MLS #V0-11009753 · Source: CRMLS

Listing Agent: John Villar · Listing Office: Century 21 Everest · Contact: (805) 815-3577 · Bought with: Yousef Asaad · Berkshire Hathaway HomeServices California Properties

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