$1,150,000
Professional Photos coming soon. A Rare Opportunity to Own Income-Producing Real Estate in the Heart of Santa Paula. Discover the opportunity to own a versatile three-unit property that brings together immediate rental income, functional living spaces, and meaningful long-term potential in one of Ventura County's increasingly desirable rental markets. Positioned in Santa Paula, this fully occupied triplex offers investors the unique ability to combine current cash flow with long-term appreciation potential, while providing three distinct residences designed around the needs of today's renters. The front residence welcomes you with an inviting three-bedroom, two-bathroom floor plan, abundant natural light, and an effortless sense of comfort, creating a warm gathering space enhanced by a ceiling fan and generous space. The kitchen offers tile flooring, a freestanding range and refrigerator, and a dedicated dining area that makes everyday living both practical and inviting. Each residence also enjoys its own dedicated patio area, creating valuable private outdoor space for relaxing, entertaining, or enjoying Santa Paula's mild climate. Select outdoor areas feature mature fruit trees, adding charm and a sense of established residential character. Behind the front residence are two additional two-bedroom, one-and-a-half-bath units, each offering a comfortable and functional layout. Spacious living areas feature tile flooring and ceiling fans, while the kitchens open naturally to dining spaces, creating practical environments for everyday living. Each kitchen includes a freestanding range and refrigerator, with built-in microwaves adding convenience. The bedrooms feature wall-to-wall carpeting and ceiling fans for year-round comfort. Together, the three residences create a compelling multi-family asset with multiple income streams, diversified tenant exposure, and flexible ownership potential. And then there is the location. Santa Paula offers a distinctive blend of small-town character, historic charm, accessible housing, and proximity to the broader Ventura County employment and lifestyle corridor. Residents enjoy convenient access to shopping, dining, schools, parks, and commuter routes, while the community's growing downtown continues to attract interest from residents seeking an alternative to higher-priced coastal markets. Three residences. Multiple income streams. One strategically positioned asset. Proforma Cap Rate 6.25%
V1-38865
MLS
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Active
Status
1006 E Ventura Street, Santa Paula