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Listed by Clayton Wenger • Real Broker
$699,000
Est. payment /mo
4 Beds
2 Baths
1,312 SqFt
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duet
Listing Status Active
Purchase Type For Sale
Square Footage 1,312 sqft
Price per Sqft $532
MLS Listing ID CRSR25134471
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1890
Lot Size 5,662 Sqft
Property Sub-Type Duet
Source Datashare California Regional
Property Description
Welcome to 435 & 435½ S. Palm Ave, a rare and valuable investment opportunity located in the heart of Santa Paula. This unique property features two detached single-family homes on one lot, each offering 2 bedrooms and 1 bathroom, with a combined total of approximately 1,312 square feet of living space. Set on a generous 6,000 sq ft lot, this versatile property is ideal for investors looking to generate immediate income or for homeowners seeking a multi-generational living setup with future development potential. Each unit is separately metered, and tenants pay all utilities, providing a low-maintenance and cost-efficient investment. Both homes enjoy off-street parking, and although there are no garages, the layout offers convenience and privacy for each household. The property is currently occupied by reliable, long-term tenants, ensuring steady cash flow from day one. What truly sets this property apart is its development potential. With ample lot space and favorable zoning, there's an excellent opportunity to add on to the existing structures or build an Accessory Dwelling Unit (ADU) to further increase rental income or accommodate extended family. Whether you're a seasoned investor looking to expand your portfolio or a savvy buyer exploring multi-unit living with added upsid
Location
State CA
County Ventura
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Tile, Wood
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Pool None
View Other
Handicap Access Other
Private Pool false
Building
Lot Description Level, Other, Back Yard, Landscaped, Street Light(s), Storm Drain
Story 1
Water Public
Schools
School District Santa Paula Union High
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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