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Listed by Clayton Wenger • Real Broker
$1,069,980
Est. payment /mo
1,924 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,924 sqft
Price per Sqft $556
MLS Listing ID CRSR25149456
HOA Y/N No
Year Built 1927
Lot Size 6,969 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
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
Location
State CA
County Ventura
Interior
Heating Wall Furnace, Central
Cooling Central Air
Flooring Wood
Fireplace No
Laundry See Remarks
Exterior
View Other
Handicap Access Other
Building
Lot Description Level, Other, Back Yard, Front Yard, Landscaped
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Altie Schmitt
Partner at Village Associates | License ID: 00924672
Partner at Village Associates License ID: 00924672
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