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This is a solid 7‑unit, multi-family asset positioned in an established residential adjacent to Santa Paula's historic district. This corner‑lot property offers a balanced mix of stability, ideal for investors seeking durable cash flow in a supply‑constrained Ventura County market.Units are all electric - no gas to the property.**Unit Mix & Income Profile****1 Owner's Unit: Single‑story **2BR residence with attached garage**--well‑suited for owner‑occupancy or conversion to a premium rent unit.**6 Rental Units: All **2BR/1BA**, a consistently high‑demand floor plan that supports strong occupancy and low turnover. Each unit includes a covered carport, enhancing rentability and tenant retention.Balcony inspections completed, and repair bids will be available, ensuring compliance with SB 721. **Community laundry room** provides additional income potential. **Corner lot** improves visibility, access, and long‑term redevelopment flexibility. **Long‑term ownership and continuous professional management indicate stable historical operations and slightly below‑market rents to create stable occupancy, Owner is simply liquidating this asset. **Investment Highlights****Desirable 2BR unit mix** supports strong rent growth and broad tenant appeal. **Low maintenance configuration** with simple, repeatable floor plans. **High‑demand location** near Santa Paula's historic district, employment centers, and schools. **Potential for rent repositioning** through cosmetic upgrades or modernization of common areas. **Owner's unit premium** offers optionality: occupy, lease at market, or convert to a higher‑yield configuration.
Property Type(s):
Residential Income
| Last Updated | 3/3/2026 | Tract | Santa Paula: Other - 0051 |
|---|---|---|---|
| Year Built | 1970 | Community | SPL - Santa Paula |
| Garage Spaces | 8.0 | County | Ventura |
Price History
| Prior to Feb 9, '26 | $2,495,000 |
|---|---|
| Feb 9, '26 - Mar 3, '26 | $2,595,000 |
| Mar 3, '26 - Today | $2,200,000 |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Electric Range, Water Heater |
| AREA | SPL - Santa Paula |
| CONSTRUCTION | Stucco |
| GARAGE | Yes |
| HEAT | Electric, See Remarks |
| LOT | 0.33 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 14374 |
| PARKING | Attached Carport, Covered, Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Traditional |
| SUBDIVISION | Santa Paula: Other - 0051 |
| UTILITIES | Electricity Connected, Natural Gas Not Available, Sewer Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with eXp Realty of California Inc
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This IDX solution is (c) Diverse Solutions 2026.
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