608 Main Street
Santa Paula, CA 93060
- – beds
- – baths
- – sqft
- 9,720 sqft lot
- 1936 build
- – on site
Fourplex with Commercial Unit and ADU Potential - A Prime Investment Opportunity!This versatile fourplex offers a unique blend of residential and commercial income potential, making it an excellent addition to any investment portfolio. The property features a commercial unit fronting Main Street for maximum visibility, a single-family residence with two bedrooms and one bathroom ideal for owner-occupancy or rental income, and two duplex units, each offering one-bedroom and one-bathroom layouts that provide stable residential rental income. Current rental arrangements are all month-to-month, except Unit 608(A) is secured with an annual HUD lease, ensuring consistent returns.With pro-forma gross annual rents projected at approximately $76,800, this property highlights significant income potential. It boasts separate gas and electrical meters for efficient utility management, along with two water meters and two sewer accounts for streamlined billing. A detached garage at the rear of the property offers added storage or rental opportunities if converted, while the expansive lot, measuring approximately 9,720 square feet, presents the potential to add two accessory dwelling units (ADUs) to further enhance rrevenue.Located in a prime area near the Santa Paula Airport, popular restaurants, and providing easy access to the 126 Freeway, this property is ideally positioned for both tenants and owners. * * * Bonus Opportunity! The seller is offering two additional properties as part of a bundle sale: (228 S. 4th St, Santa Paula), and (220 S. Palm Ave, Santa Paula).Don't miss this rare chance to acquire three income-generating properties as a package deal. Invest in Santa Paula's thriving rental market today! Whether you're looking to live in one unit and rent the others or simply expand your portfolio, this fourplex represents an exceptional investment opportunity.
Last checked:
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Last updated Dec 20, 2024
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MLS# 224005008 —
The Building
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Year Built:1936
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Year Built Source:Assessor
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Total Number Of Units:4
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# of Buildings:2
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Stories Total:1
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# of Separate Gas Meters:4
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# of Separate Water Meters:2
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# of Separate Electric Meters:4
Interior
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Levels:One
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Entry Location:Ground Level w/Steps
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Fireplace:No
Location
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Directions:Please use Navigating App.
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Latitude:34.35153700
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Longitude:-119.06717600
The Property
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Property Type:Residential Income
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Zoning:C2
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Lot Size Area:9720.0000
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Lot Size Acres:0.2231
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Lot Size SqFt:9720.00
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Lot Size Source:Estimated
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Property Attached:1
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:1030220365
Heating & Cooling
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Cooling:Yes
Appliances
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Included:Yes
The Community
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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:Pull-through
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/20/24
Dec 20, 2024
|
Listed / Active | CRMLS_CA | $1,050,000 |
