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Stacey Niermann

stacey@niermannestatesgroup.com +1(714) 642-6895

$ 1,950,000

Est. payment | -/mo

0.33 Acres Lot

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$ 1,950,000

Est. payment | -/mo

Save

0.33 Acres Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Santa Paula: Other - 0051

MLS Listing ID V1-34553

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1970

Lot Size 0.330 Acres

Property Sub-Type Mixed Use

Property Description

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.

Location

State CA

County Ventura

Area Spl - Santa Paula

Interior

Heating Electric, See Remarks

Cooling None

Flooring Carpet, Vinyl

Fireplaces Type None

Fireplace No

Appliance Electric Range, Water Heater

Laundry Common Area

Exterior

Parking Features Attached Carport, Covered, Door-Single, Garage

Garage Spaces 8.0

Carport Spaces 7

Garage Description 8.0

Fence See Remarks

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Not Available, Sewer Connected

View Y/N No

View None

Roof Type Composition

Total Parking Spaces 8

Private Pool No

Building

Lot Description Corner Lot, Street Level

Faces East

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 1000140305

Security Features Smoke Detector(s)

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard, Trust

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Kay Wilson-Bolton eXp Realty of California Inc #00577863

Nearby Locations

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Stacey Niermann

REALTOR® | Lic# DRE# 02167751

stacey@niermannestatesgroup.com

+1(714) 642-6895

303 N Glenoaks Blvd, Suite 200, Burbank, CA, 91502

180 E Pleasant ST Santa Paula, CA 93060

Stacey Niermann

Key Details

Location

Interior

Exterior

Building

Others

180 E Pleasant ST