96 Kunkle Street, Oak View, CA 93022

$1,258,500

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List Price
$1,258,500
Status
ACTIVE
MLS#
V1-38831
Year Built
1955
Lot Size
13,940
Acres
0.32
Lot Location
Agricultural, Back Yard, Corner Lot, Front Yard, Garden, Sprinklers In Front, Lawn, Level, Sprinklers Timer, Street Level, Yard
Days on Market
63
Property Type
Multifamily
Style
Ranch
Stories
One Level
Neighborhood
Ojai: Other

Property Description

Live in One. Let the Other Help Pay for It.Flexible living--and meaningful income potential--at 96 Kunkle Street96 Kunkle offers something increasingly valuable: an updated 3-bedroom, 2-bath main residence paired with a private-entry 1-bedroom, 1-bath guest unit.Use it for extended family, a home office, visiting guests--or explore its potential as a long-term rental.*The Potential AdvantageOffered at: $1,258,500Illustrative monthly PITI: Approximately $8,100-$8,500*Potential long-term guest-unit rent: Approximately $2,000-$2,300 monthly**Potential housing-cost offset: Approximately 24%-27%Potential annual gross rental income: Up to approximately $27,600At a projected $2,300 monthly rent, the guest unit could reduce the owner's effective monthly housing outlay from approximately $8,450 to approximately $6,150--before vacancy, maintenance, utilities, management expenses and income taxes.More Home. More Flexibility. More Financial Possibility.Enjoy an updated Mid-Century residence, private guest accommodations and nearly 14,000 square feet of outdoor space--while putting the property's second living area to work for you.*Illustration only. Financing terms, interest rates, taxes, insurance and borrower qualification will vary. Consult a licensed lender.**Rental amount and permitted use are not guaranteed. Buyer to investigate permits, zoning, rental restrictions, expenses and achievable rent.Main house is 1573 sq ft. ADU is 389 sq ft.

Additional Information

Appliances
Dishwasher
Pool Description
None
Fireplace Description
Blower Fan, Living Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Mountain(s)
Exterior Construction
Block
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), Open Floorplan, Stone Counters, Recessed Lighting, All Bedrooms Down, Primary Suite, Walk-In Closet(s)
Attached Structure
Detached
Gross Scheduled Income
$73,200
Operating Expense
21960

Listing courtesy of Listing Agent: Roylin Downs (roylindowns@bhhscal.com) from Listing Office: BHHS California Properties.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.