228 S 4th Street
Santa Paula, CA 93060
- 4 beds
- 4 baths
- 1,924 sqft
- 6,969 sqft lot
- $571 per sqft
- 1927 build
- – on site
Exceptional Fourplex with ADU Potential - Prime Investment Opportunity!This income-generating fourplex presents a rare chance for both seasoned and first-time investors to expand their portfolio. Featuring two duplexes, the property includes:Two 1-bedroom, 1-bath units and two studio units. Units 228(1/2) and 230(1/2): Situated above four one-car garages, adding tenant convenience and potential additional rrevenue.Pro-Forma Annual Gross Rents projected at ~$84,000/year, highlighting room for growth based on current rents from two of the four units.Key Features: Individual electrical and gas meters for each tenant simplifies management and billing. Potentially add two Accessory Dwelling Units (ADUs), significantly increasing rental income. Month-to-Month Leases offer flexibility for future rental adjustments to maximize returns.Strong Cash Flow: This property is designed to generate reliable income with upside potential.Prime Location:Conveniently located near the Santa Paula Airport, local restaurants, and with easy access to the 126 Freeway, this property offers a sought-after location for tenants while ensuring long-term rental demand.BONUS Opportunity! Seller is also offering for sale, separately: (608 E Main St, Santa Paula) and (220 S Palm Ave, Santa Paula). Don't miss this rare chance to acquire three income-generating properties.*** (PRO-FORMA Rents; ~$7,000/month, ~$84,000/year)***
Last checked:
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Last updated Apr 1, 2025
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MLS# 225001574 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1927
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Year Built Source:Assessor
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Stories Total:1
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Entry Level:12
Interior
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Levels:One
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Entry Location:Ground Level w/Steps,Top Level
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Living Area Source:Public Records
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Fireplace:No
Room Dimensions
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Living Area:1924.00
Location
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Directions:Please use Navigating App.
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Latitude:34.34842000
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Longitude:-119.06782200
The Property
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Property Type:Residential
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Zoning:R-2D
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Lot Size Area:6969.0000
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Lot Size Acres:0.1600
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Lot Size SqFt:6969.00
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Lot Size Source:Public Records
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Property Attached:1
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Total Bedrooms:4
Baths
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Total Baths:4
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Full & Three Quarter Baths:4
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Three Quarter Baths:4
The Listing
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Special Listing Conditions:Standard
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Parcel Number:1030211175
Heating & Cooling
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Cooling:Yes
Appliances
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Included:Yes
The Community
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Units in the Community:4
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Association:No
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Senior Community:No
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Private Pool:No
Parking
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Parking:Yes
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Parking:Garage - Single Door, Assigned
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Parking Spaces:4.00
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Attached Garage:No
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Garage Spaces:4.00
Monthly cost estimate
Asking price
$1,100,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,890
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| Taxes | N/A |
| Insurance | $302 |
| Utilities | $172 See report |
| Total | $6,364/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/1/25
Apr 1, 2025
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Listed / Active | CRMLS_CA | $1,100,000 |
