608 E Main Street, Santa Paula, CA 93060

$1,050,000

bedrooms

bathrooms

square feet

2,253

Acreage

0.2231404958677686

Open Houses

year built

1936

Full Baths

Half Baths

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Fourplex with Commercial Unit + ADU Potential - A Prime Investment Opportunity!This versatile fourplex offers a unique blend of residential and commercial income potential, making it an excellent addition to any investment portfolio. The property features a commercial unit fronting Main Street for maximum visibility, a single-family residence with two bedrooms and one bathroom ideal for owner-occupancy or rental income, and two duplex units, each offering one-bedroom and one-bathroom layouts that provide stable residential rental income. Current rental arrangements are all month-to-month, except Unit 608(A) is secured with an annual HUD lease, ensuring consistent returns.*** With Pro-Forma gross annual rents projected at approximately $87,600*** this property highlights significant income potential. It boasts separate gas and electrical meters for efficient utility management, along with two water meters and two sewer accounts for streamlined billing. A detached garage at the rear of the property offers added storage or rental opportunities if converted, while the expansive lot, measuring approximately 9,720 square feet, presents the potential to add 1-2 accessory dwelling units (ADUs) to further enhance rrevenue.Located in a prime area near the Santa Paula Airport, popular restaurants, and providing easy access to the 126 Freeway, this property is ideally positioned for both tenants and owners. * * * BONUS Opportunity! Seller is also offering for sale, separately: (228 S. 4th St, Santa Paula), and (220 S. Palm Ave, Santa Paula). Don't miss this rare chance to acquire three income-generating properties.Invest in Santa Paula's thriving rental market today! Whether you're looking to live in one unit and rent the others or simply expand your portfolio, this fourplex represents an exceptional investment opportunity.*** (PRO-FORMA Rents; ~$7,300/month, ~$87,600/year)***

Location
Subdivision	-
County	Ventura
Elementary School	-
Middle School	-
High School	-

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None scheduled.

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MLS number: 225001575

Listing agent: Ricardo Salazar #01897150

Listing broker: Exp Realty Of California Inc. (888) 584-9427 ext. 119

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. [source]

Last update: Tuesday, April 1 2025 at 10:13 p.m. EDT

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