Under Contract

180 E Pleasant Street

Santa Paula, CA 93060
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Bed 0

Bed

Bath 0

Bath

SqFt6,587

Sqft

SqFt14,374

Sqft(Lot)

This is a solid 7-unit, multi-family asset positioned in an established residential adjacent to Santa Paula's historic district. This corner-lot property offers a balanced mix of stability, ideal for investors seeking durable cash flow in a supply-constrained Ventura County market.Units are all electric - no gas to the property.**Unit Mix & Income Profile****1 Owner's Unit: Single-story **2BR residence with attached garage**--well-suited for owner-occupancy or conversion to a premium rent unit.**6 Rental Units: All **2BR/1BA**, a consistently high-demand floor plan that supports strong occupancy and low turnover. Each unit includes a covered carport, enhancing rentability and tenant retention.Balcony inspections completed, and repair bids will be available, ensuring compliance with SB 721. **Community laundry room** provides additional income potential. **Corner lot** improves visibility, access, and long-term redevelopment flexibility. **Long-term ownership and continuous professional management indicate stable historical operations and slightly below-market rents to create stable occupancy, Owner is simply liquidating this asset. **Investment Highlights****Desirable 2BR unit mix** supports strong rent growth and broad tenant appeal. **Low maintenance configuration** with simple, repeatable floor plans. **High-demand location** near Santa Paula's historic district, employment centers, and schools. **Potential for rent repositioning** through cosmetic upgrades or modernization of common areas. **Owner's unit premium** offers optionality: occupy, lease at market, or convert to a higher-yield configuration.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,950,000

AD Id : 75162514

MLS Id : V1-34553

Lot Size : 14,374 Sqft

Living Area Size : 6,587

Year Built : 1970

Garage : 8

County : Ventura

Subdivision: Fallbrook

  • Map Map

Map

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Feature Features

  • Bathroom Information

    Total Baths: 0

    Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Composition Property Appliances: Electric Range,Water Heater Fireplace: None Flooring: Carpet,Vinyl
  • Cooling Features

    None Air Conditioning

    Heating Source

    Electric,See Remarks Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1970 Building Area Total: 6,587 Construction: Stucco Roof: Composition
  • Foundation

    Slab

    Security Features

    Smoke Detector(s)
  • Pool Features

    None

    Laundry Features

    Common Area

    Fencing

    See Remarks

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.33
  • Lot Size Source: Assessor Lot Size Square Feet: 14374

  • Listing Price Information

    Original List Price: 1,950,000 Listing Contract Date: 2026-02-07
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 1000140305

  • Garage and Parking

    Garage Description: Attached Carport,Covered,Door-Single,Garage

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Cable TV,Electricity

  • Other Property Info

    Source Listing Status: Active Under Contract Source Neighborhood: SPL - Santa Paula Directions: From Hwy 126, north at the Palm Avenue Exit; stay north past Santa Paula Street. The units are on the corner of Palm Avenue and Pleasant Street.Please do not disturb tenants or go on the property. Source Property Type: Residential Income Area: SPL - Santa Paula Property SubType: Mixed Use
  • Building and Construction

    Property Age: 56 Common Walls: 2+ Common Walls,1 Common Wall Property Condition: Repairs Cosmetic Structure Type: Mixed Use Year Built Source: Assessor Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
567 Eureka Drive, Santa Paula, CA, 93060 $849,990 4 3 2,790 2,790 SqFt
561 Eureka Drive, Santa Paula, CA, 93060 $849,990 4 3 2,703 2,703 SqFt
383 Eureka Drive, Santa Paula, CA, 93060 $765,000 3 2 2,226 2,226 SqFt
454 Celebration Lane, Santa Paula, CA, 93060 $769,999 3 2 2,226 2,226 SqFt
2075 Seville Drive, Santa Paula, CA, 93060 $785,000 3 2 1,950 1,950 SqFt
2072 Harvest Loop, Santa Paula, CA, 93060 $739,000 4 3 1,939 1,939 SqFt
2033 Oreste Lane, Santa Paula, CA, 93060 $854,990 4 3 2,820 2,820 SqFt
2041 Oreste Lane, Santa Paula, CA, 93060 $892,990 4 4 3,347 3,347 SqFt
562 Kumquat Court, Santa Paula, CA, 93060 $759,000 5 3 2,452 2,452 SqFt
683 Ledgestone Drive, Santa Paula, CA, 93060 $979,990 4 4 3,347 3,347 SqFt

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ByOwner last updated this listing 06/08/2026 @ 19:05

MLS: V1-34553 LISTED BY: Kay Wilson-Bolton, eXp Realty of California Inc 805-340-5025 SOURCE: CRMLS

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