1121 New Street, Santa Paula, ResidentialIncome

$ 835,000

Overview

  • Updated On:
  • August 11, 2025
  • Property ID
  • 62467
  • 0.12 ft2

Description

Welcome to an Incredible Investment Opportunity in Santa Paula!This charming triplex offers the perfect blend of potential and versatility, featuring two spacious 2-bedroom, 1-bath units and one cozy 1-bedroom, 1-bath unit. Whether you’re a first-time homebuyer looking to live in one unit while generating rental income from the others, or a savvy investor ready to unlock the full potential of this diamond in the rough — this property is a must-see!Each unit comes with its own single-car garage and additional driveway parking. Conveniently located near schools, shopping, and with easy access to Highway 126, this property combines comfort, location, and income potential.Don’t miss this opportunity to own a multi-unit property in a growing community. Schedule your private showing today!

Address: 1121 New Street
State/County:
Zip: 93060
Country: US

Property Id: 62467
Price: $ 835,000
Property Lot Size: 0.12 ft2
Common Wall: NoCommonWalls
Community Features: StreetLights,Sidewalks
Construction Materials: Stucco
Contract Status Change Date: 2025-08-01
Cumilative Days on Market: 10
Days on Market: 10
Direction Faces: South
Directions: Use reliable navigation.
Exclusions: Tenant belongings
Fencing: Masonry,Wood
Flooring: Carpet,Vinyl
Foundation Details: Slab
Garage Spaces: 3
Gross Income: 69420
Gross Scheduled Income: 69420
Heating: WallFurnace
Laundry Features: Outside
Levels: Two
List Agent AOR: VenturaCoastal
List Agent Direct Phone: (805) 421-6166
List Agent Email: fcarrasco@myvchomes.com
List Agent Name: Freddy Carrasco
List Agent MLS ID: v211511513
List office AOR: VenturaCoastal
List office MLS ID: V3296
List office Phone: (805) 382-9441
Listing Agreement: ExclusiveRightToSell
Listing Contract Date: 2025-08-01
Listing ID: V1-31506
Listing Service: FullService
Listing Terms: Cash,CashToNewLoan,Conventional,Exchange1031
Lot Features: SprinklersNone
Lot Size Area: 5227
Lot Size Source: PublicRecords
Lot Size Square Feet: 5227
Lot Size Units: SquareFeet
MLS Area Major: SPL - Santa Paula
MLS Status: ActiveUnderContract
Net Operating Income: 63936
Number of Buildings: 1
Number of Seperate Electric Meters: 3
Number of Seperate Gas Meters: 3
Number of Seperate Water Meters: 1
On Market Date: 2025-07-31
Operating Expense: 5484
Original List Price: 835000
Parcel Number: 1010223075
Parking Features: Driveway,Garage
Parking Total: 9
Photos Count: 37
Possession: CloseOfEscrow
Postal City: SANTA PAULA
Property Condition: Fixer,UpdatedRemodeled
Roof: Shingle
Sewer: PublicSewer
State or Province: CA
Stories: 2
Stories Total: 2
Street Name: New
Street Number: 1121
Street Suffix: Street
Trash Expense: 684
Water Sewer Expense: 4800
Water Source: Public
Year Built: 1979

Other Features
Additional Parcel
Cooling
Fireplace
Has Garage
Has Heating System
Land Lease
New Construction
Private Pool
Property Attached
Rent Control 1
Senior Community
Spa
View

$ 4,874.79
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,005.00

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