435 S Palm Avenue new Save Request In-Person Tour Request Virtual Tour
Santa Paula,CA 93060
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 1,312 sqft
Price per Sqft $532
MLS Listing ID SR25134471
Style Townhome
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1890
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Townhome
Property Description
Welcome to 435 & 435 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 upside, 435 & 435 S. Palm Ave offers flexibility, income, and future growthall in a charming and well-located Santa Paula neighborhood.
Welcome to 435 & 435 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 upside, 435 & 435 S. Palm Ave offers flexibility, income, and future growthall in a charming and well-located Santa Paula neighborhood.
Location
State CA
County Ventura
Area Santa Paula (93060)
Zoning M-1KH
Interior
Cooling Central Forced Air
Flooring Tile,Wood
Laundry Inside
Exterior
Fence Wood
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Neighborhood
Total Parking Spaces 4
Building
Lot Description Landscaped
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Miscellaneous Storm Drains,Suburban
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Special Listing Condition Standard