$ 712,980
-
$712,980
Price -
4
Bed -
2
Bath -
1,312
SqFt
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About the Listing SR0232701 - SR207091272
Welcome to 435 & 435½ 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 & 435½ S. Palm Ave offers flexibility, income, and future growth—all in a charming and well-located Santa Paula neighborhood.
Listing Highlights for 435 S Palm Ave
Status
Active
Days on Site
61
Property Type
Multi-Family
MLS ®
SR25149479
Year Built
1890
Total Square Footage
1,312
Lot/Acreage
0.13
County
Ventura
Area
SPL - Santa Paula
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor: Tile,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s),Open Floorplan
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,Back Yard,Front Yard,Landscaped,Lawn,Level,Yard,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: M-1KH
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Carport,Driveway,Asphalt,Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 1040061395
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
435 S Palm Ave Santa Paula, CA 93060
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