608 East Main Street

Santa Paula, CA 93060

$1,050,000
Price
4
Beds
4
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

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...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.
  1. Listed by Ricardo Salazar • DRE #01897150 • EXP Realty of California Inc

Property Details for 608 East Main Street

Zoning
C2
Property Attached YN
true
Parcel Number
1030220365
Total Units
4.0
Living Area
2253
Area
Santa Paula (SPL) (L)
Lot Size Area
9720
Source Lot Size Area
Estimated
LISTING UPDATED: 12/20/2024 09:29 AM

Property Details for 608 East Main Street

StatusActive
MLS #224005008VC
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1936
Lot Size0.22 AC / 9,720 SF
CountyVentura County

Building Information for 608 East Main Street

Stories1Residences-Year Built1936Building Size-Lot Size0.22 AC / 9,720 SF

Property Information for 608 East Main Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Attached
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • View: No
  • Guest House: None
Contract Info
Contract Info
  • Disclosures: Property As Is
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Land Lease Amount Per Year: $.00
  • Lot Acreage: 0.0
  • Lot Size Square Feet: 9720
  • Telephone: 0.0
  • Cable: 0.0
Parking Details
Parking Details
  • Parking Garage: Pull-through
  • Total Parking: 0
  • Garage Spaces Total: 0
  • Carport Spaces Total: 0
  • Number Of Remote Controls: 0.0
  • Parking Features: Pull-through
Interior Features
Interior Features
  • Levels: One
  • Fireplace: No
  • Flooring: Other
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Spa: No
  • Entry Location: Ground Level w/Steps
Lease Terms
Lease Terms
  • Entry Date: 12-20-2024
  • Listing Terms: Cash, Conventional
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 1
Unit Details
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number Leased: 4
  • Number Water Meters: 2

Property History for 608 East Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 608 East Main Street

Taxable ValueLand$144,823Additions$123,092Total$267,915
Tax Record2024$3,163 ($264 / month)
Home Facts
Total Finished SqFt2,253 SqFtAbove Grade Finished SqFt2,253 SqFtLot Size8,276 SqFtStyleMulti-Family Dwelling (2-4)Year Built1936ZoningC2CountyVENTURAAPN103-0-220-365

Schools near 608 East Main Street

This home is within Santa Paula Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Glen City Elementary
PublicK to 5

Isbell Middle
Public6 to 8

Santa Paula High
Public9 to 12

Renaissance High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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608 East Main Street is a multi-family home for sale in Santa Paula, CA 93060. This listing's school district is Santa Paula Unified School District. Nearby schools include Glen City Elementary, Isbell Middle and Santa Paula High. 608 East Main Street is a 4-bed, 4-bath, multi-family home built in 1936.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty of California Inc, Ricardo Salazar, DRE #01897150

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.