321 Walnut Street, Santa Paula, CA 93060
321 Walnut Street, Santa Paula, CA 93060
321 Walnut Street, Santa Paula, CA 93060
21
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$899,000
Est. payment /mo
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4 Beds
2 Baths
6,098 Sqft Lot
Open Sun 1PM-3PM

321 Walnut Street Santa Paula, CA 93060

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Mike Acker

Mike Acker

+1(619) 454-0620

Open House

Sun Jun 21, 1:00pm - 3:00pm

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID V1-36040

Bedrooms 4

Lot Size 6,098 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Income Producing Multi Unit Property in Santa Paula's Historic DistrictA rare opportunity to acquire a three-unit residential investment in one of Santa Paula's most stable and historically desirable neighborhoods. This property offers diversified rental income, strong tenant demand, and multiple paths for value creation.Investment Highlights Three total units across two structures Front house: 3 bedrooms, 1 bath -- ideal for a higher anchor rent or owner occupancy Rear duplex: Two 1 bed/1 bath units -- consistently in demand among singles, couples, and local workforce renters On site parking for first-come, first-served -- a premium amenity in the historic district Low vacancy location with long term tenant stability Multiple income streams on one parcel, reducing risk exposureOperational Advantages Separate structures create privacy, reducing tenant friction and turnover Straightforward layouts that are easy to maintain Strong rental comps in the area for both 1 bed and 3 bed units Potential to increase rents, modernize interiors, or reposition the front house for premium returnsMarket & Location Strength Situated in Santa Paula's historic district, known for charm, walkability, and steady rental demand Close to downtown amenities, employment centers, schools, and transit Area continues to see rising interest from investors seeking stable, supply constrained marketsUpside Potential Value add opportunities through cosmetic upgrades Potential for improved operating efficiency and stronger year over year cash flow

Location

State CA

County Ventura

Zoning Assessor

Direction From 126, North on 10th Street, west on Santa Paula Street, north on Walnut by the three story Victorian home

Interior

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Others

Senior Community No

Tax ID 1000165105

Acceptable Financing Conventional, FHA

Listing Terms Conventional, FHA

MLS Router / San Diego MLS
Listed by Kay Wilson-Bolton, DRE#00577863 eXp Realty of California Inc 

NEARBY SCHOOL & BUSINESS

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Mike Acker

Mike Acker

Agent | License ID: 01356721

+1(619) 454-0620

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321 Walnut Street

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