220 Palm Avenue

Santa Paula, CA 93060

  • 6 Bed(s)
  • 0 Bath(s)
  • 3,608 Sqft
  • 6534
    Sqft(Lot)
$1,150,000

Description

Prime triplex investment opportunity in santa paula!discover the potential of this three-unit townhouse-style triplex located at 220 south palm avenue, in santa paula. each spacious unit features two bedrooms, 1.5 baths, and a two-story layout, offering both functionality and comfort for tenants.this property is an investor's dream, with an opportunity to increase rents by up to 8.8%, the pro-forma annual gross rents are projected at approximately $83,700. each unit is equipped with separate electrical and gas meters, while the property shares one water meter and sewer bill, optimizing operational efficiency. additionally, a coin-operated laundry room adds convenience and extra income potential.current rental arrangements are all month-to-month, except for one unit (224), which is secured under a hud annual contractt, ensuring stability in your investment.conveniently located near santa paula airport, restaurants, and with easy access to the 126 freeway, this property offers a prime location for tenants and owners alike. whether you're looking to maximize rental income or live in one unit while renting out the other two, this triplex provides endless possibilities.bonus opportunity! the seller is offering two additional properties as part of a bundle sale: (608 e. main street, santa paula), and (224 s. 4th street, 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!

  • Property Type

    Residential Income

  • County

    Ventura

  • Style

    Residential Income

  • AD ID

    48144213

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Property Details

  • Bedroom Information

    • Total Bedrooms : 6

    Bathroom Information

    • Total Baths: 6
    • Full Baths: 0
    • Half Baths: 3

    Interior Features

    • Property Appliances: Gas Water Heater,Water Heater

    Cooling Features

    • Air Conditioning

    Fireplace

    • Has Fireplace: 0

  • Building Information

    • Year Built: 1979

    Laundry Features

    • Common Area,Outside

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.15
    • Lot Size Source: Public Records
    • Lot Size Square Feet: 6534

  • Listing Price Information

    • Original List Price: 1,150,000
    • Listing Contract Date: 2024-12-20

    Lease Information

  • Tax Information

    • Parcel Number: 1050090305

  • Garage and Parking

    • Garage Description: Assigned,Carport

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas,Trash Collection

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: SPL - Santa Paula
    • Postal Code Plus 4: 3348
    • Directions: Please use Navigating App.
    • Zoning: R-2D
    • Source Property Type: Residential Income
    • Area: SPL - Santa Paula

    Building and Construction

    • Property Age: 45
    • Year Built Source: Assessor
    • Total Square Feet Living: 3608
    • Entry Location: Ground Level w/Steps
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 12/22/2024 @ 18:09

  • MLS: 224005006
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 6 bedrooms which is for sale, it has 3,608 sqft, 6,534 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Santa Paula , in zip code 93060, this Ventura County Home , it is in the Santa Paula: Other - 0051 Subdivision, are nearby neighborhoods.