714-745-2708

321 Walnut Street, Santa Paula, CA 93060

$899,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Kay Wilson-Bolton | kay@realestatemagic.com
Lic#: 00577863
Broker: Courtesy of eXp Realty of California Inc
Phone: (805) 340-5025

Agent Remarks

Income Producing Multi Unit Property in Santa Paula's Historic DistrictA rare opportunity to acquire a three-unit residential investment in one of Santa Paula's most stable and historically desirable neighborhoods. This property offers diversified rental income, strong tenant demand, and multiple paths for value creation.Investment Highlights Three total units across two structures Front house: 3 bedrooms, 1 bath -- ideal for a higher anchor rent or owner occupancy Rear duplex: Two 1 bed/1 bath units -- consistently in demand among singles, couples, and local workforce renters On site parking for first-come, first-served -- a premium amenity in the historic district Low vacancy location with long term tenant stability Multiple income streams on one parcel, reducing risk exposureOperational Advantages Separate structures create privacy, reducing tenant friction and turnover Straightforward layouts that are easy to maintain Strong rental comps in the area for both 1 bed and 3 bed units Potential to increase rents, modernize interiors, or reposition the front house for premium returnsMarket & Location Strength Situated in Santa Paula's historic district, known for charm, walkability, and steady rental demand Close to downtown amenities, employment centers, schools, and transit Area continues to see rising interest from investors seeking stable, supply constrained marketsUpside Potential Value add opportunities through cosmetic upgrades Potential for improved operating efficiency and stronger year over year cash flow

Listing Details

Trust & Probate

Property type: (Multi-Family)

Status: Pending

MLS# V1-36040

Price: $899,000

HOA Fee is $0.00

Beds: 0

Baths: 0

None fireplaces

Built in 1900

0.14 acres

Lot size: 0.1400

Subdivision: Historic District - 0516

County: Ventura

Property style: Cottage

Construction: Stucco

Appliances: Gas Range

Parking description: Driveway

Lot description: Sprinklers None

Heating/cooling: None

Heating description: Wall Furnace

MLS area: SPL - Santa Paula

Last Updated: 9/29/2026

Days On Market (DOM): 155

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This listing belongs to the SPL - Santa Paula MLS area

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The style of this listing is Cottage.
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Lat/Long: 34.356496, -119.066635.
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