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414 N Mill St, Santa Paula, CA 93060
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414 N Mill St Santa Paula, CA 93060

$1,395,000
  • 9 Beds
  • 6 Baths
  • 3,144 Sq.Ft.
For Sale
$1,395,000 Get Pre-Qualified
Map preview of 414 N Mill St, Santa Paula, CA 93060

Property Overview: 414 N Mill St Santa Paula, CA has 9 bedrooms, 6 bathrooms, 3,144 living square feet and 9,800 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great Investment Opportunity in a wonderful Santa Paula location with 5 total units that include a large 4 Bedroom + 2 Bathroom main house and a rear 4-plex. The features of the home includehardwood floors, all bedrooms upstairs, washer and dryer hookups and private backyard. The rear 4-plex includes 3 - 1 bedroom,+ 1 bath units and 1 - 2 bedroom + 1 bathroom unit. The property offers parking on-site for each unit and the front home has a one car garage and 2 additional spaces in the front of the home. Seller has recently spent thousands upgrading/replacing the Sewer lines. Solid income with strong rental history and low vacancy.

Listed by David Remedios | BRE #00902963 | RE/MAX Gold Coast REALTORS
Co-listed by Marla Remedios | BRE #01992350 | RE/MAX Gold Coast REALTORS
Last checked: 4 minutes ago | Last updated: March 25th, 2024 | Source CRMLS | DOM: 257
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Home details

Lot Sq. Ft
9,800
HOA Dues
$0/mo
Year built
1926
Garage
1 Car
Property Type:
Mixed Use
Status
Active
MLS#
V1-19796
City
Santa Paula
County
Ventura
Time on Site
292 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Leased Units: 5
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,040
  • Total Rent: $3,040
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $1,895
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,425
  • Total Rent: $1,425
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 5
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $1,595
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.1%
  • Gross Rent Multiplier: 12.63
  • Gross Scheduled Income: $110,460
  • Net Operating Income: $70,888
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $39,572
  • New Taxes: $16,042
  • Trash: $2,468
  • Insurance: $3,500
  • Maintenance: $5,000
  • Professional Management: $5,400
  • Water/Sewer: $7,162

Open Houses for 414 N Mill St

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Property Details for 414 N Mill St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Garage - Single Door, Concrete, On Site, Parking Space
Lot Information
  • Lot Features: Back Yard, Sprinklers None, Yard, Front Yard
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 5
  • Parcel Number: 1000172035
  • Year Built Source: Assessor
  • Foundation Details: Slab, Raised
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: McKevett Heights - 0518
  • Directions: Santa Paula St., North on N. Mill St.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Foothills, Sidewalks, Park
View more facts & features

Local Santa Paula Agent

Sale History for 414 N Mill St

Last sold for $610,000 on October 30th, 2015

  • August, 2023

  • Aug 31, 2023

    Date

    Active

    CRMLS: V1-19796

    $1,395,000

    Price

  • July, 2022

  • Jul 31, 2022

    Date

    Expired

    CRMLS: V1-11544

    $1,450,000

    Price

  • Mar 30, 2022

    Date

    Active

    CRMLS: V1-11544

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    Perfect for the first time or seasoned Investor! Great Santa Paula location with 5 total units that include a large main house with lots of character that includes 4 bedrooms and 2 bathrooms and a rear 4 unit building. The features of the home includehardwood floors, all bedrooms upstairs, washer and dryer hookups and private backyard. The rear 4-plex includes 3 - 1 bedroom,+ 1 bath units and 1 - 2 bedroom + 1 bathroom unit. The property offers parking on-site for each unit and the front home has a one car garage and 2 additional spaces in the front of the home. Seller has recently spent thousands upgrading/replacing the Sewer lines. Solid income with strong rental history and low vacancy.

  • October, 2015

  • Oct 30, 2015

    Date

    Sold (Public Records)

    Public Records

    $610,000

    Price

Show More

Tax History for 414 N Mill St

Assessed Value (2020): $660,282
Year Land Value Improved Value Assessed Value
2020 $243,546 $416,736 $660,282

Home Value Compared to the Market

This property vs the competition

414 N Mill St is listed 81.17% higher than the median list price for the city of Santa Paula which has a median list price of $770,000. The median price per/sqft for Santa Paula is $420 and this home is listed at $443.7 per/sqft which puts the price per square foot 5.64% higher than the median price per square foot for the city of Santa Paula.

About 414 N Mill St

Detailed summary of property

414 N Mill St is a mixed use located in Santa Paula, CA 93060 and is currently for sale. This mixed use property offers 9 bedrooms, 6 bathrooms, roughly 3,144 living square feet, and sits on an approximately 9,800 square foot lot. 414 N Mill St was first listed on ArdentRealEstateGroup.com on August 31, 2023. The homeowner is currently asking $1,395,000. The median priced home in Santa Paula is $770,000 with a median price per square foot of $420. Based on Ardent Real Estate Group's Santa Paula Market Data, this home is listed 81.17% higher than the median priced home. Local competing homes currently for sale include 726 W 76th St, 4600 S Central Ave and 2015 Pennsylvania Ave. While the average home in Santa Paula, CA is selling in 73 days, 414 N Mill St has a days on market of 257 days. There are currently 43 homes for sale in the Santa Paula real estate market and 37 of them are single family homes while 4 of them are condos and 2 are townhomes. For more information on this home for sale at 414 N Mill St Santa Paula, CA 93060 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Paula agents.

Public Facts for 414 N Mill St

Public county record property details
Beds
--
Baths
--
Year built
1926
Sq. Ft.
3,144
Lot Size
9,800
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Ventura
Lot#
--
APN
100-0-172-035

The source for these homes facts are from public records.

93060 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$770,000
Median List Price/Sq.Ft.
$420
Median Sold Price
$740,000
Median Sold Price/Sq.Ft.
$457
Total Inventory
43
Median Sale to List Price %
102.07%
Avg Days on Market
25
Loan Type
Conventional (25%), FHA (25%), VA (0%), Cash (25%), Other (25%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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