608 E Main Street, Santa Paula, CA 93060

LATEST
bedrooms 4
bathrooms 4
|Other
THB ฿35,824,526
USD $1,050,000
Published on: 21 Dec 2024
Last updated on: 21 Dec 2024
608 E Main Street, Santa Paula, CA 93060
608 E Main Street, Santa Paula, CA 93060
608 E Main Street, Santa Paula, CA 93060
+28
608 E Main Street, Santa Paula, CA 93060
  • 28
Property ID: 110096411963
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Residential Income - Santa Paula, CA

608 E Main Street, Santa Paula, CA 93060
Fourplex with Commercial Unit and ADU Potential - A Prime Investment Opportunity!This versatile fourplex offers a unique blend of residential and commercial income potential, making it an excellent addition to any investment portfolio. The property features a commercial unit fronting Main Street for maximum visibility, a single-family residence with two bedrooms and one bathroom ideal for owner-occupancy or rental income, and two duplex units, each offering one-bedroom and one-bathroom layouts that provide stable residential rental income. Current rental arrangements are all month-to-month, except Unit 608(A) is secured with an annual HUD lease, ensuring consistent returns.With pro-forma gross annual rents projected at approximately $76,800, this property highlights significant income potential. It boasts separate gas and electrical meters for efficient utility management, along with two water meters and two sewer accounts for streamlined billing. A detached garage at the rear of the property offers added storage or rental opportunities if converted, while the expansive lot, measuring approximately 9,720 square feet, presents the potential to add two accessory dwelling units (ADUs) to further enhance rrevenue.Located in a prime area near the Santa Paula Airport, popular restaurants, and providing easy access to the 126 Freeway, this property is ideally positioned for both tenants and owners. * * * Bonus Opportunity! The seller is offering two additional properties as part of a bundle sale: (228 S. 4th St, Santa Paula), and (220 S. Palm Ave, Santa Paula).Don't miss this rare chance to acquire three income-generating properties as a package deal. Invest in Santa Paula's thriving rental market today! Whether you're looking to live in one unit and rent the others or simply expand your portfolio, this fourplex represents an exceptional investment opportunity.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
903.02 m2
Building Size
209.31 m2
Year Built
1936
Rooms
4 bedroom(s), 4 bathroom(s)
Architecture Style
Other
Num Floors
1
County
Ventura
Parcel ID
1030220365
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
608 E Main 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: 110096411963

      Data provided by Conejo Simi Moorpark Association of REALTORS, MLS #: 224005008
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