435 S Palm Avenue, Santa Paula, CA 93060

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Sheila Dadashzadeh

[email protected] +1(858) 375-6785

$699,000

Est. payment - /mo

4 Beds

2 Baths

1,312 SqFt

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UPDATED:

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

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Listed by Clayton Wenger • Real Broker

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Sheila Dadashzadeh

+1(858) 375-6785

Agent | CA BRE #01835591

Agent CA BRE #01835591

San Diego Communities

435 S Palm Avenue Santa Paula, CA 93060

Sheila Dadashzadeh

Key Details

Location

Interior

Exterior

Building

Others

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