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Residential > Multi-family
Active
12/20/2024
List Price
$1,100,000$572/ft²

228 4th St
Santa Paula, CA 93060

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  • 228 4th St, Santa Paula, CA 93060 is a 4 bed, 4 bath, 1,924 ft² multi-family home house built in 1927 on a 0.160 acre lot. This multi-family home is currently listed for $1,100,000.

    MLS Description

    The listing agent's description. Original Listing

    Exceptional Fourplex with ADU Potential - Prime Investment Opportunity!This income-generating fourplex presents a rare chance for both seasoned and first-time investors to expand their portfolio. Featuring two duplexes, the property includes:Two 1-bedroom, 1-bath units and two studio units. Units 228(1/2) and 230(1/2): Situated above four one-car garages, adding tenant convenience and potential additional rrevenue.Pro-Forma Annual Gross Rents projected at $76,800, highlighting room for growth based on current rents from two of the four units.Key Features: Individual electrical and gas meters for each tenant simplifies management and billing. Potentially add two Accessory Dwelling Units (ADUs), significantly increasing rental income. Month-to-Month Leases offer flexibility for future rental adjustments to maximize returns.Strong Cash Flow: This property is designed to generate reliable income with upside potential.Prime Location:Conveniently located near the Santa Paula Airport, local restaurants, and with easy access to the 126 Freeway, this property offers a sought-after location for tenants while ensuring long-term rental demand.BONUS Opportunity! Seller is also offering for sale, separately: (608 E Main St, Santa Paula) and (220 S Palm Ave, Santa Paula). Don't miss this rare chance to acquire three income-generating properties.*** (PRO-FORMA Rents; ~$7,000/month, ~$84,000/year)***

    Listing Agents

    The listing agent for 228 4th St is Ricardo Salazar.

    Current Ownership

    Information about the current owner(s).

    Property History

    228 4th St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

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    School Information

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    Neighborhood

    This property is located in Midcity, Santa Paula, CA 93060.

    Market Trends

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    Copyright © 2025 Conejo Simi Moorpark Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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