228 S 4th Street new Save Request In-Person Tour Request Virtual Tour
Santa Paula,CA 93060
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 1,924 sqft
Price per Sqft $545
MLS Listing ID SR25134707
Style All Other Attached
Bedrooms 4
Full Baths 4
Year Built 1927
Lot Size 6,969 Sqft
Property Description
Welcome to 228, 230, 228, and 230 S. 4th Street in the heart of Santa Paula an exceptional multi-unit investment opportunity perfect for both seasoned investors and those looking to expand their real estate portfolio. This unique property features two duplexes situated on one lot, offering a total of four income-generating units and a combined 1,924 square feet of living space. The front duplex consists of two spacious 1-bedroom, 1-bathroom units, ideal for long-term tenants seeking comfort and convenience. At the rear of the property, you'll find two bachelor units located above four detached garages, maximizing use of space and providing additional rental income. Each unit is currently occupied by reliable, long-term tenants, making this a truly turnkey investment with strong cash flow from day one. In addition to its current income-producing setup, this property offers tremendous upside potential. With a generous lot size and favorable layout, theres a major opportunity to add square footage or build an Accessory Dwelling Unit (ADU) expanding your rental income and increasing the overall value of the property. Whether you're interested in redevelopment, increasing rental yields, or simply securing a well-maintained asset in a desirable area, this property checks all the boxes. Dont miss out on this rare chance to own a versatile and high-potential property in the charming and centrally located community of Santa Paula.
Welcome to 228, 230, 228, and 230 S. 4th Street in the heart of Santa Paula an exceptional multi-unit investment opportunity perfect for both seasoned investors and those looking to expand their real estate portfolio. This unique property features two duplexes situated on one lot, offering a total of four income-generating units and a combined 1,924 square feet of living space. The front duplex consists of two spacious 1-bedroom, 1-bathroom units, ideal for long-term tenants seeking comfort and convenience. At the rear of the property, you'll find two bachelor units located above four detached garages, maximizing use of space and providing additional rental income. Each unit is currently occupied by reliable, long-term tenants, making this a truly turnkey investment with strong cash flow from day one. In addition to its current income-producing setup, this property offers tremendous upside potential. With a generous lot size and favorable layout, theres a major opportunity to add square footage or build an Accessory Dwelling Unit (ADU) expanding your rental income and increasing the overall value of the property. Whether you're interested in redevelopment, increasing rental yields, or simply securing a well-maintained asset in a desirable area, this property checks all the boxes. Dont miss out on this rare chance to own a versatile and high-potential property in the charming and centrally located community of Santa Paula.
Location
State CA
County Ventura
Area Santa Paula (93060)
Zoning R-2D
Interior
Cooling Central Forced Air
Flooring Wood
Equipment Refrigerator,Gas Range
Laundry Other/Remarks
Exterior
Parking Features Garage
Garage Spaces 4.0
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Neighborhood
Building
Lot Description Curbs,Landscaped
Story 2
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash,Conventional,Exchange,FHA,Lease Option,VA
Listing Terms Cash,Conventional,Exchange,FHA,Lease Option,VA
Special Listing Condition Standard