Income Home for Sale in Santa Paula, California

321 Walnut Street, Santa Paula, California 93060, US

$ 899,000

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 899,000
  • MLS ID: V1-36040
  • Property Type: Income Home
  • WEB ID: PR03590018
  • Property Status: Active
  • Lot Size: 6,098sqft
  •  Income Home for Sale in Santa Paula, California
  •  Income Home for Sale in Santa Paula, California
  •  Income Home for Sale in Santa Paula, California
  •  Income Home for Sale in Santa Paula, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

Request More Information


Please note that Prestige Estate Agency will only use the above data to contact you accordingly. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.

  • Price: $ 899,000
  • MLS ID: V1-36040
  • Property Type: Income Home
  • WEB ID: PR03590018
  • Property Status: Active
  • Lot Size: 6,098sqft
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

Additional Features

  • Stucco
  • Chain Link
  • Wall Furnace
  • Sprinklers None
  • None
  • Parking spaces: 2.00
  • Listing Status: Active
  • Listing Agent: Kay Wilson-Bolton (lic# 00577863) of Ventura Coastal
  • Listing Office: eXp Realty of California Inc (lic# 01878277)
  • Based on information from CRISNet MLS as of 14th August 2026 at 1:21pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Areas of expertise
Bel Air Beverly Hills Malibu