Santa Paula, CA 93060,228 S 4th Street
Santa Paula, CA 93060,228 S 4th Street
Santa Paula, CA 93060,228 S 4th Street
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$1,049,000
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4 Beds
4 Baths
1,924 SqFt
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228 S 4th Street Santa Paula, CA 93060

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Coldwell Banker West

Coldwell Banker West

+1(619) 737-2126

UPDATED:

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

HOA Y/N No

Year Built 1927

Lot Size 6,969 Sqft

Acres 0.16

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

Appliance 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

Total Parking Spaces 7

Building

Lot Description Curbs, Landscaped

Story 2

Lot Size Range 4000-7499 SF

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Others

Miscellaneous Storm Drains,Suburban

Acceptable Financing Cash, Conventional, Exchange, FHA, Lease Option, VA

Listing Terms Cash, Conventional, Exchange, FHA, Lease Option, VA

Special Listing Condition Standard


San Diego Regional MLS (SDMLS)
Listed by Clayton Wenger • Real Broker

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agent

Coldwell Banker West

Broker | License ID: 00889834

+1(619) 737-2126

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228 S 4th Street