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1006 E Ventura Street

Santa Paula, CA 93060

$1,150,000 $4,848/Mo

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Overview

Bed

Bath

8,276

Sqft(Lot)

Description

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%

Property Details

Property Type : ResidentialIncome

Price : $1,150,000

AD Id : 91422393

MLS Id : V1-38865

Beds : 7

Lot Size : 8,276 Sq. Ft

Year Built : 1910

Garage : 2

County : Ventura

Subdivision: Town Of Lake Worth (north West)

Map

What's Nearby

Nearby Areas

Features

Interior Features

TileCounters

Roof: Shingle

Appliances: GasCooktop, GasRange, WaterHeater

Laundry Features: WasherHookup, GasDryerHookup
Heating & Cooling

Has Heating: Yes Heating: ForcedAir, WallFurnace Cooling: None

Building Information

Year Built: 1910

Building Area Total: 3261

Construction Materials: Clapboard, Stucco

Stories: 2

Pool Features: None

Private Pool: No

View: Hills

Lot Information

Main Square Feet: 8276 Lot Size Acres: 0.19 Lot Size Source: PublicRecords Lot Size Square Feet: 8,276 Lot Description: SprinklersNone

Property Information

Subdivision: Santa Paula: Other - 0053 Source Property Type: ResidentialIncome Property SubType: Triplex Direction Faces: North Levels: Two Property Age: 116

Listing Price Information

Listing Price: $1150000

Cash, Conventional, Exchange1031, Submit

Tax Information

Parcel Number: 1010271025

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 10 DoorMulti, DrivewayLevel, Garage

Garage Information

Has Garage: Yes Garage Space: 2

Utility Information

ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
Location Information

Direction: 126 FWY to 10th , north on 10th to Ventura St, right on Ventura, Triplex is on the right WaterSource: Public Security Features: SmokeDetectors

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