608 Main Street, Santa Paula, CA 93060 - Berkshire Hathaway HomeServices California Properties

608 Main Street, Santa Paula, CA 93060

$1,050,000 Approx. USD 4 beds, 4 baths
2,253 sqft

Listing Agent


Ricardo Salazar | Ricardo.Salazar@exprealty.com
Lic#: 01897150
Broker: Courtesy of eXp Realty of California Inc

Agent Remarks

Fourplex with Commercial Unit + 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 $87,600*** 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 1-2 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! Seller is also offering for sale, separately: (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.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.*** (PRO-FORMA Rents; ~$7,300/month, ~$87,600/year)***

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 224005008
Price: $1,050,000
Beds: 4
Baths: 4
Built in 1936
2,253 sqft
1 story
0.22 acres
Lot size: 0.2231
County: Ventura
Zoning: C2
Parking description: Pull-through
MLS area: SPL - Santa Paula

Last Updated: 2/20/2025

 Days On Market (DOM): 99

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This listing belongs to the SPL - Santa Paula MLS area

Lat/Long: 34.351537, -119.067176.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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