228 S 4th Street, Santa Paula, CA 93060

LATEST
bedrooms 4
bathrooms 4
|Other
THB ฿34,118,596
USD $1,000,000
Published on: 21 Dec 2024
Last updated on: 21 Dec 2024
228 S 4th Street, Santa Paula, CA 93060
228 S 4th Street, Santa Paula, CA 93060
228 S 4th Street, Santa Paula, CA 93060
+35
228 S 4th Street, Santa Paula, CA 93060
  • 35
Property ID: 110096411813
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Residential Income - Santa Paula, CA

228 S 4th Street, Santa Paula, CA 93060
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 Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
647.44 m2
Building Size
178.75 m2
Year Built
1927
Rooms
4 bedroom(s), 4 bathroom(s)
Architecture Style
Other
Num Floors
1
County
Ventura
Parcel ID
1030211175
Provider
Conejo Simi Moorpark Association of REALTORS
Brokerage Office Name
eXp Realty of California Inc.
Brokerage Office Phone
(888) 584-9427 x119
Neighbourhoods
Santa Paula SW
Address
228 S 4th Street, Santa Paula, CA 93060
Contact Agent
Ricardo Salazar
EXP Realty of California Inc
2603 Camino Ramon #200, San Ramon, CA 94583
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Ricardo Salazar
2603 Camino Ramon #200, San Ramon, CA 94583
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      Property ID: 110096411813

      Data provided by Conejo Simi Moorpark Association of REALTORS, MLS #: 224005007
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