415 E Santa Barbara Street, Santa Paula, Residential Income

$ 785,000

Overview

  • Updated On:
  • August 28, 2026
  • Property ID
  • 931862
  • 0.22 ft2

Description

Rare investment opportunity on a desirable corner lot just under 10,000 sq. ft. This unique property features three income producing living spaces, with two units currently tenant occupied, providing immediate rental income. The front residence is ready for renovation, offering an excellent value-add opportunity for investors or owner-users looking to build equity. Each living space enjoys its private yard area. Built in 1921, the property retains its classic character while presenting opportunities for future improvements. Ideally situated across from office buildings, property offers ample street parking, alley access to rear carport, and strong long term investment potential. Whether you’re expanding your portfolio or searching for a property with upside, this is an opportunity you won’t want to miss.

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

Property Id: 931862
Price: $ 785,000
Property Lot Size: 0.22 ft2
Building Area Total: 1872
Carport Spaces: 2
Co-List Agent AOR: Ventura Coastal
Co-List Agent Phone: (805) 218-3009
Co-List Agent Email: lupe4realestate1@gmail.com
Co-List Agent: Lupe Arana
Co-List Agent MLS ID: V211503779
Common Wall: No Common Walls
Community Features: Biking, Mountainous, Street Lights, Sidewalks
Cumilative Days on Market: 21
Days on Market: 21
Directions: From 126 Eastbound-Exit Palm Ave.Right on E Santa Barbara StreetProperty is located on your left hand side on the corner.
Exclusions: tenant belongings
Fencing: Wood
Flooring: Carpet, Tile
Garden Expense: 1440
Gross Income: 48180
Gross Scheduled Income: 66000
Insurance Expense: 5800
Laundry Features: In Kitchen
List Agent AOR: Ventura Coastal
List Agent Direct Phone: (805) 290-7882
List Agent Email: katie4realestate1@gmail.com
List Agent Name: Katherine Rodriguez
List Agent MLS ID: V211507349
List office AOR: Ventura Coastal
List office Email: ca.broker@exprealty.net
List office MLS ID: VC91510
List office Phone: (888) 584-9427
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2026-07-29
Listing ID: V1-37916
Listing Service: Full Service
Listing Terms: Cash, Conventional, 1031 Exchange
Lot Features: Corner Lot, Sprinklers None
Lot Size Area: 9583
Lot Size Source: Assessor
Lot Size Square Feet: 9583
Lot Size Units: Square Feet
MLS Area Major: SPL - Santa Paula
MLS Status: Active Under Contract
Net Operating Income: 48180
Number of Buildings: 2
Number of Seperate Electric Meters: 3
Number of Seperate Gas Meters: 3
Number of Seperate Water Meters: 1
On Market Date: 2026-07-31
Operating Expense: 17820
Original List Price: 785000
Parcel Number: 1030051185
Parking Features: Carport
Parking Total: 2
Photos Count: 10
Possession: Close Of Escrow
Postal City: SANTA PAULA
State or Province: CA
Street Dir Prefix: E
Street Name: Santa Barbara
Street Number: 415
Street Suffix: Street
Trash Expense: 1470
Water Sewer Expense: 2970
Year Built: 1921

Other Features
Has Carport
Has Fireplace
Has Heating System
New Construction

$ 4,582.89
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,765.18

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