228 S 4th ST new

Santa Paula,CA 93060

$ 1049000

4 Beds

4 Baths

1924 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,924 sqft

Price per Sqft $545

MLS Listing ID SR25134707

Bedrooms 4

Full Baths 4

Year Built 1927

Lot Size 6,969 Sqft

Property Sub-Type Quadruplex

Property Description

Welcome to 228, 230, 228½, and 230½ S. 4th Street in the heart of Santa Paula — an exceptional multi-unit investment opportunity perfect for both seasoned investors and those looking to expand their real estate portfolio. This unique property features two duplexes situated on one lot, offering a total of four income-generating units and a combined 1,924 square feet of living space. The front duplex consists of two spacious 1-bedroom, 1-bathroom units, ideal for long-term tenants seeking comfort and convenience. At the rear of the property, you'll find two bachelor units located above four detached garages, maximizing use of space and providing additional rental income. Each unit is currently occupied by reliable, long-term tenants, making this a truly turnkey investment with strong cash flow from day one. In addition to its current income-producing setup, this property offers tremendous upside potential. With a generous lot size and favorable layout, there's a major opportunity to add square footage or build an Accessory Dwelling Unit (ADU) — expanding your rental income and increasing the overall value of the property. Whether you're interested in redevelopment, increasing rental yields, or simply securing a well-maintained asset in a desirable area, this property checks all the boxes. Don't miss out on this rare chance to own a versatile and high-potential property in the charming and centrally located community of Santa Paula.

Location

State CA

County Ventura

Area Spl - Santa Paula

Zoning R-2D

Interior

Heating Central,Wall Furnace

Cooling Central Air

Flooring Wood

Fireplaces Type None

Laundry See Remarks

Exterior

Parking Features Driveway,Garage,On Site,Private

Garage Spaces 4.0

Garage Description 4.0

Fence Block

Pool None

Community Features Curbs,Storm Drain(s),Street Lights,Suburban

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

View Y/N Yes

View Neighborhood

Building

Lot Description 0-1 Unit/Acre,Back Yard,Front Yard,Lawn,Landscaped,Level,Sprinkler System,Yard

Dwelling Type Quadruplex

Story 2

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Santa Paula

Others

Acceptable Financing Cash,Conventional,1031 Exchange,FHA,VA Loan

Listing Terms Cash,Conventional,1031 Exchange,FHA,VA Loan

Special Listing Condition Standard

View More
Favorite Go Tour