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608 E Main Street
Santa Paula CA 93060 US

$1,050,000

Active Listing ID 224005008
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4 bed
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4.00 Bath
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Lot: 0.22 Acres
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Other

$1,050,000

Active Listing ID 224005008
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608 E Main Street 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.

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Property Features

  • Facts
  • Lot Size: 0.22 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • 3/4 Bathrooms: 4

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1050000
  • unparsedaddress: 608 E Main Street
  • postalcity: Santa Paula
  • stateorprovince: CA
  • country: US
  • postalcode: 93060
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 4
  • lotsizeacres: 0.223140495867769
  • lotsizeunits: Acres
  • lotsizearea: 0.22314
  • livingarea: 2253
  • livingareaunits: Square Feet
  • latitude: 34.351537
  • longitude: -119.067176
  • listagentfullname: Ricardo Salazar
  • listagentemail: Ricardo.Salazar@exprealty.com
  • listagentkey: 3yd-CSMAORCA-20160917170953680950000000
  • listagentmlsid: 20160917170953680950000000
  • listagentpreferredphone: 8056598622
  • listagentofficephone: 8885849427
  • listofficekey: 3yd-CSMAORCA-20180119214802379583000000
  • listagentstatelicense: 01897150
  • listofficemlsid: 20180119214802379583000000
  • disclaimer: Copyright © 2024 Conejo Simi Moorpark Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CSMAORCA
  • yearbuilt: 1936
  • listingcontractdate: 2024-12-20
  • listagenturl: http://www.CallRicardoSalazar.com
  • countyorparish: Ventura
  • parcelnumber: 1030220365
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Garage, Garage - Detached, On Street
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -119.06718, 34.351536
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty of California Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Ricardo.Salazar@exprealty.com", "ListBrokerageCity":"San Ramon", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Listhub@exprealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"eXp Realty of California Inc.", "ListBrokeragePhone":"(888) 584-9427 x119", "ListBrokeragePostalCode":"94583", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite 200", "ListBrokerageUnparsedAddress":"2603 Camino Ramon", "ListBrokerageWebsiteUrl":"https://www.exprealty.com", "ListOfficeAddress1":"2603 Camino Ramon #200", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"20190318221813815989000000", "ListOfficeCity":"San Ramon", "ListOfficeCountry":"US", "ListOfficeEmail":"ca.broker@exprealty.net", "ListOfficePostalCode":"94583", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Santa Paula, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/608-E-Main-St_Santa-Paula_CA_93060_M20000-35762?f=listhub&s=CSMAORCA&m=224005008&c=rexren", "MLSModificationTimestamp":"2024-12-20T10:11:58Z", "Neighborhoods":[{"Description":null, "Name":"Santa Paula SW"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/20/2024 6:03:11 PM GMT
Source Updated Date: 12/25/2024 6:47:41 AM GMT

Courtesy of: Ricardo Salazar, EXP Realty of California Inc, Ricardo.Salazar@exprealty.com

Copyright © 2024 Conejo Simi Moorpark Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.