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Listed by Clayton Wenger • Real Broker
$ 712,980
Est. payment /mo
Active
435 S Palm AVE Santa Paula, CA 93060
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25149479
Year Built 1890
Lot Size 5,662 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Welcome to 435 & 435½ S. Palm Ave, a rare and valuable investment opportunity located in the heart of Santa Paula. This unique property features two detached single-family homes on one lot, each offering 2 bedrooms and 1 bathroom, with a combined total of approximately 1,312 square feet of living space. Set on a generous 6,000 sq ft lot, this versatile property is ideal for investors looking to generate immediate income or for homeowners seeking a multi-generational living setup with future development potential. Each unit is separately metered, and tenants pay all utilities, providing a low-maintenance and cost-efficient investment. Both homes enjoy off-street parking, and although there are no garages, the layout offers convenience and privacy for each household. The property is currently occupied by reliable, long-term tenants, ensuring steady cash flow from day one. What truly sets this property apart is its development potential. With ample lot space and favorable zoning, there's an excellent opportunity to add on to the existing structures or build an Accessory Dwelling Unit (ADU) to further increase rental income or accommodate extended family. Whether you're a seasoned investor looking to expand your portfolio or a savvy buyer exploring multi-unit living with added
Location
State CA
County Ventura
Area Spl - Santa Paula
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Other
Exterior
Parking Features Carport , Off-Street Parking, Other
Garage Spaces 4.0
Pool None
View Local/Neighborhood
Building
Lot Description Grade - Level
Story One Story
Water District - Public
Others
Tax ID 1040061395
Special Listing Condition Not Applicable
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