1208 E Ventura Street,Santa Paula, CA 93060
Santa Paula, CA 93060
Description
A well-established, multi-family apartment building in an established residential neighborhood walking distance to Santa Paula's historic district. The apartment complex offers stability for an investor, ideal for investors seeking durable cash flow in a supply-constrained Ventura County market. All 10 units are desirable 2 bedroom + 1 bathroom configurations with a strong history of full occupancy. Two of the units have been upgraded and are achieving $2,200 in monthly rent providing a blueprint for an investor willing to capitalize on the upside. A community laundry room provides additional income and could be expanded by adding more machines. Each unit has a covered parking space. Low maintenance landscaping. New roof installed in 2025 with transferrable warranty. Santa Paula currently does not have any additional rent control laws beyond what the State requires. Historic downtown Santa Paula, is only a short walk from the subject property. Downtown Santa Paula boasts numerous restaurants, retail, services, museums and entertainment destinations. The property is served by excellent access to the 150 highway and 126 freeway. Many of Santa Paula's fine schools, parks and sports fields are close by. The City of Santa Paula, and Ventura County overall, continue to be in short supply of housing. The difficulty in permitting new projects throughout Ventura County and financing those developments means existing assets with remodel potential are in higher demand.
Details
| MLS # | V1-34751 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 191 |
| Listing Provided By | The Becker Group, Inc. | Jeff Becker |
Features
| Car Port | Yes |
|---|---|
| Story(s) | 2 |
| Units | 10 |
| Building(s) | 1 |
| Acreage | 0.49 |
| Property View | Yes |
Interior
| Cooling | None |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | No |
| Appliances | Free Standing Range, Gas Oven |
| Fireplace Yes / No | Yes |
Exterior
| Lot Features | Lawn |
|---|
Parking
| Parking Features | Carport |
|---|---|
| Garage Yes / No | No |
Location
| Community Features | Biking, Curbs, Hiking, Mountainous, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Ventura |
| City | Santa Paula |
| Zip Code | 93060 |
| Area | SPL Santa Paula |
| Community Name | Not Applicable |
| Listing VS Median (in Not Applicable) | |
Price: $2,950,000 low | high Med: $1,674,000 On site: 191 low | high Med: 105 | |
Market Activity 93060
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Learn More About This Property
| State | CA |
|---|---|
| County | Ventura |
| City | Santa Paula |
| Zip Code | 93060 |
| Area | SPL Santa Paula |
| Community Name | Not Applicable |
| Listing VS Median (in Not Applicable) | |
Price: $2,950,000 low | high Med: $1,674,000 On site: 191 low | high Med: 105 | |
