146 S 8th Street, Santa Paula, ResidentialIncome

$ 967,980

Overview

  • Updated On:
  • August 7, 2025
  • Property ID
  • 61973
  • 0.09 ft2

Description

Introducing a rare and versatile investment opportunity in the heart of Santa Paula—146 S. 8th Street and 743, 743½, 745 E. Ventura Street. This fully rebuilt four-unit property offers a total of 7 bedrooms and 4 bathrooms across approximately 2,407 square feet of living space, thoughtfully laid out to maximize comfort, functionality, and rental potential. Nestled on a desirable 4,140 square foot corner lot, the property was completely rebuilt from the studs out in 2010, providing peace of mind with updated systems, modern finishes, and enhanced structural integrity. The property includes a well-balanced mix of unit configurations, ideal for both investors and owner-users alike. The main unit features 3 bedrooms and 1 bathroom, offering spacious living quarters perfect for a primary residence or premium rental. The second unit includes 2 bedrooms and 1 bathroom, ideal for small families or long-term tenants. The third unit is a cozy 1-bedroom, 1-bath option that can serve as a guest suite, rental, or extended family space. Finally, the fourth unit is a charming studio—an excellent opportunity for short-term rental income or an efficient independent living solution. Each unit benefits from the thoughtful renovation, featuring modern amenities while preserving the character of this classic Santa Paula neighborhood. The corner lot placement enhances privacy and provides easy access and visibility for all four units. Located near schools, shops, restaurants, and major commuter routes, this property offers both convenience and strong rental demand. Whether you’re looking to expand your real estate portfolio, live in one unit while renting the others, or explore multi-generational living, this turn-key property presents endless possibilities and solid long-term value. Don’t miss your chance to own a fully renovated, income-generating gem in a thriving community.

Address: 146 S 8th Street
State/County:
Zip: 93060
Country: United States

Property Id: 61973
Price: $ 967,980
Property Lot Size: 0.09 ft2
Accessibility Features: Parking
Building Area Total: 2407
Building Area Units: SquareFeet
Common Wall: NoCommonWalls
Community Features: Curbs,StormDrains,StreetLights,Suburban,Sidewalks
Contract Status Change Date: 2025-06-23
Cooling: CentralAir
Cumilative Days on Market: 4
Days on Market: 4
Directions: Take CA-126 W, exit 10th St, then turn onto 8th St to reach the property.
Electric: ElectricityOnProperty
Electric Expense: 225
Elevation Units: Feet
Entry Level: 1
Entry Location: Front
Fencing: Wood,WroughtIron
Flooring: Tile
Fuel Expense: 150
Gross Income: 5895
Gross Scheduled Income: 5895
Heating: Central
Insurance Expense: 230
Laundry Features: Inside
Levels: One
List Agent AOR: Southland
List Agent Email: clay@therise.group
List Agent Name: Clayton Wenger
List Agent MLS ID: SR207091272
List office AOR: Southland
List office Email: cabroker@therealbrokerage.com
List office MLS ID: SR0232701
List office Phone: 855-450-0442
Listing Agreement: ExclusiveRightToSell
Listing Contract Date: 2025-06-23
Listing ID: SR25149482
Listing Service: FullService
Listing Terms: Cash,Conventional,Exchange1031,FHA,VaLoan
Lot Features: ZeroToOneUnitAcre,BackYard,Lawn,Landscaped,Yard
Lot Size Area: 3920
Lot Size Source: Assessor
Lot Size Square Feet: 3920
Lot Size Units: SquareFeet
MLS Area Major: SPL - Santa Paula
Major Change Type: PriceChange
MLS Status: Active
Net Operating Income: 4923
Number of Buildings: 1
Number of Seperate Electric Meters: 5
Number of Seperate Gas Meters: 5
Number of Seperate Water Meters: 1
Number of Units Total: 4
On Market Date: 2025-07-08
Open Parking Spaces: 7
Operating Expense: 972
Original List Price: 949000
Parcel Number: 1030092245
Parking Features: OnStreet
Parking Total: 7
Photos Count: 21
Postal Code Plus 4: 2726
Previous List Price: 949000
Road Frontage Type: CityStreet
Road Surface Type: Paved
Security Features: CarbonMonoxideDetectors,SmokeDetectors
Sewer: PublicSewer
State or Province: CA
Stories: 1
Stories Total: 1
Street Dir Prefix: S
Street Name: 8th
Street Number: 146
Street Suffix: Street
Tax Lot: 64,65
Trash Expense: 166
Utilities: ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
View: Neighborhood
Water Sewer Expense: 350
Water Source: Public
Year Built: 1980
Zoning: C-1

Other Features
Additional Parcel
Association
BedroomOnMainLevel
CeilingFans
Fireplace
Garage
GasRange
Has a View
Has Cooling System
Has Heating System
Land Lease
MainLevelPrimary
New Construction
Private Pool
Property Attached
Refrigerator
Rent Control
Senior Community

$ 5,651.14
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,642.82

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