Share this with your friends
+18056518275
Berkshire Hathaway HomeServices California Properties
180 E Pleasant Street, Santa Paula, CA 93060
- $1,650,000
- Sold Price
- $1,650,000
- List Price
- $1,950,000
- Closing Date
- Jul 16, 2026
- Status
- CLOSED
- MLS#
- V1-34553
- Year Built
- 1970
- Lot Size
- 14,374
- Acres
- 0.33
- Lot Location
- Corner Lot, Street Level
- Days on Market
- 42
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Mixed Use
- Stories
- Two Levels
- Neighborhood
- Santa Paula: Other - 0051
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.
Additional Information
- Appliances
- Electric Range, Water Heater
- Pool Description
- None
- Heat
- Electric, See Remarks
- Cooling Description
- None
- View
- None
- Exterior Construction
- Stucco
- Roof
- Composition
- Garage Spaces Total
- 8
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Gross Scheduled Income
- $180,482
- Operating Expense
- 56662
Listing courtesy of Listing Agent: Kay Wilson-Bolton (kay@realestatemagic.com) from Listing Office: eXp Realty of California Inc.
Listing sold by OUT AREA from OUT OF AREA
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.