UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,587 sqft
Price per Sqft $296
Subdivision Santa Paula: Other - 0051
MLS Listing ID V1-34553
Style Traditional
Year Built 1970
Lot Size 0.330 Acres
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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.
Location
State CA
County Ventura
Area Vc51 - Santa Paula Nw
Interior
Heating See Remarks
Flooring Carpet, Vinyl
Fireplaces Type None
Laundry Community
Exterior
Parking Features Garage - Single Door, Attached Carport, Covered
Garage Spaces 8.0
Pool None
Community Features Sidewalks, Street Lights
Utilities Available Sewer Connected, Electricity Connected, Natural Gas Not Available
View Y/N No
View Other View, None
Building
Lot Description Sprinklers, Corner Lot, Level with Street
Sewer Public Sewer
Nearby Locations
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Naghmeh Keyvani
Broker Associate | License ID: DRE# 02091823
Broker Associate License ID: DRE# 02091823