228 4th Street

Santa Paula, CA 93060

  • 4 Bed(s)
  • 0 Bath(s)
  • 1,924 Sqft
  • 6969
    Sqft(Lot)
$1,000,000

Description

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 $76,800, 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:the seller is offering two additional income-producing properties as part of a bundle sale: (608 e main st, santa paula) and (220 s palm ave, santa paula). this is a unique opportunity to acquire three income-generating properties as a package deal, further diversifying your investment portfolio.don't miss your chance to invest in santa paula's thriving rental market.

  • Property Type

    Residential Income

  • County

    Ventura

  • Style

    Residential Income

  • AD ID

    48144209

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Property Details

  • Bedroom Information

    • Total Bedrooms : 4

    Bathroom Information

    • Total Baths: 4
    • Full Baths: 0
    • Half Baths: 0

    Cooling Features

    • Air Conditioning

    Fireplace

    • Has Fireplace: 0

  • Building Information

    • Year Built: 1927

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.16
    • Lot Size Source: Public Records
    • Lot Size Square Feet: 6969

  • Listing Price Information

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

    Lease Information

  • Tax Information

    • Parcel Number: 1030211175

  • Garage and Parking

    • Garage Description: Assigned,Door-Single,Garage

    Homeowners Association

    Rental Info

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

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: SPL - Santa Paula
    • Postal Code Plus 4: 3302
    • Directions: Please use Navigating App.
    • Zoning: R-2D
    • Source Property Type: Residential Income
    • Area: SPL - Santa Paula

    Building and Construction

    • Property Age: 97
    • Year Built Source: Assessor
    • Total Square Feet Living: 1924
    • Entry Location: Ground Level w/Steps,Top Level
    • Property Attached: Yes
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 12/22/2024 @ 18:52

  • MLS: 224005007
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 4 bedrooms which is for sale, it has 1,924 sqft, 6,969 sized lot, and 4 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.