220 S Palm Avenue, Santa Paula, Residential Income

$ 1,100,000

Overview

  • Updated On:
  • August 28, 2026
  • Property ID
  • 885820
  • 0.15 ft2

Description

FHA OR VA OK – -:- -Upside Upside Upside!!!–For Sale Or Trade. What do you have to trade? Don’t miss this money-making opportunity to start you off as a landlord or just add 3 more units to your growing portfolio. We also have two other four-plex’s for sale so you can purchase 3 units, 7 units, or 11 units. These are really nice units you will be proud to own and rent or live in one. What do you have to trade???????-Wonderfully designed and built townhomes tri-plex each 1,200+/- sf in a 3,608+/- sf building plus the 6,534+/- sf lot leaving the potential ADU build out. All 3 units are 2 bedrooms & 1.5 baths, designed for a quiet relaxing lifestyle, every rental has a patio, one has a backyard the length of the property, on this large lot with room for an ADU. How many ADUs I don’t know. Added income with a laundry room. Gas & electric bills go directly to the tenant’s units-based on separate electric and gas meters for each unit!!!, so the tenant has to pay for them. The water is master metered with the water bill being paid by the owner. You get 2 dedicated carport spaces for each unit. Also includes individual storage for each unit. -Very nice rental income. Property sold as-is and do not talk to the tenants. Each unit gets a small storage space. Nicely maintained units.-Don’t miss this great opportunity. What do you have to trade?

Address: Array
State/County:
Zip: Array
Country: United States

Property Id: 885820
Price: $ 1,100,000
Property Lot Size: 0.15 ft2
Building Area Total: 3608
Common Wall: 2+ Common Walls
Community Features: Sidewalks
Cumilative Days on Market: 66
Days on Market: 66
Directions: Best to use car navigating tools or off the 126 Fwy exit go to Palm Avenue & go up Palm Avenue to go to the property 220 S. Palm.
Electric Expense: 420
Fencing: Block, Wood
Garden Expense: 600
Gross Income: 84420
Gross Scheduled Income: 84420
Heating: Forced Air
Insurance Expense: 2844
Laundry Features: Laundry Room
Levels: Two
List Agent AOR: Ventura Coastal
List Agent Direct Phone: (805) 797-3862
List Agent Email: ALYourBroker@yahoo.com
List Agent Name: Albert Goldberg
List Agent MLS ID: V211503469
List office AOR: Ventura Coastal
List office Email: ALYourBroker@yahoo.com
List office MLS ID: V5164
List office Phone: (805) 797-3862
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2026-05-12
Listing ID: V1-36403
Listing Service: Limited Service
Listing Terms: Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA, Fannie Mae, Freddie Mac, Government Loan, Submit, Trade, USDA Loan, VA Loan, VA No Loan
Lot Features: Sprinklers None
Lot Size Area: 6534
Lot Size Source: Public Records
Lot Size Square Feet: 6534
Lot Size Units: Square Feet
MLS Area Major: SPL - Santa Paula
MLS Status: Active Under Contract
Net Operating Income: 68544
Number of Buildings: 1
Number of Seperate Electric Meters: 3
Number of Seperate Gas Meters: 3
Number of Seperate Water Meters: 1
Number of Units Total: 3
On Market Date: 2026-05-14
Operating Expense: 15876
Original List Price: 1100000
Other Expense: 720
Parcel Number: 1050090305
Parking Features: Assigned
Parking Total: 6
Photos Count: 13
Postal City: SANTA PAULA
State or Province: CA
Stories: 2
Street Dir Prefix: S
Street Name: Palm
Street Number: 220
Street Suffix: Avenue
Trash Expense: 2004
Water Sewer Expense: 5520
Year Built: 1979

Other Features
Dishwasher
Has a View
Has Heating System
Property Attached
Spa

$ 6,421.88
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,276.04

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