435 S Palm AVE new Save Request In-Person Tour Request Virtual Tour
Santa Paula,CA 93060
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25149479
HOA Y/N No
Year Built 1890
Lot Size 5,662 Sqft
Property Sub-Type Duplex
Property Description
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.
Location
State CA
County Ventura
Area Spl - Santa Paula
Zoning M-1KH
Interior
Interior Features Ceiling Fan(s),Open Floorplan,Bedroom on Main Level,Main Level Primary
Heating Central
Cooling Central Air
Flooring Tile,Wood
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Parking Features Asphalt,Carport,Driveway,On Street
Carport Spaces 2
Fence Block,Wood
Pool None
Community Features Storm Drain(s),Street Lights,Suburban
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N Yes
View Neighborhood
Accessibility Parking
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre,Back Yard,Front Yard,Lawn,Landscaped,Level,Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 1040061395
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 100.0
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition Standard