516 N Oak Street, Santa Paula, ResidentialIncome

$ 775,000

Overview

  • Updated On:
  • May 5, 2026
  • Property ID
  • 286333
  • 0.17 ft2

Description

First time on Market in over 50 years. 2 Detached homes on one lot. 3 bedroom + 2 baths in the front with an attached garage.Back home is a true fixer, a 2+1. Needs everything. Large lot.Ideal to live in one and rent out the other for extra income.

Address: 516 N Oak Street
State/County:
Zip: 93060
Country: United States

Property Id: 286333
Price: $ 775,000
Property Lot Size: 0.17 ft2
Architectural Style: Traditional
Building Area Total: 1812
Common Wall: NoCommonWalls
Community Features: Sidewalks
Construction Materials: Stucco
Contract Status Change Date: 2026-05-05
Direction Faces: East
Directions: Santa Paula, North Hwy 150. East on Orchard stthen North on Oak St
Documents Count: 2
Electric Expense: 2400
Entry Level: 1
Entry Location: YES
Exclusions: Tenants Possesions.
Fencing: Block
Fireplace Features: LivingRoom
Flooring: Tile
Garage Spaces: 1
Gross Income: 44820
Gross Scheduled Income: 44820
Heating: Central
Insurance Expense: 1800
Laundry Features: ElectricDryerHookup,GasDryerHookup,Inside,InGarage
Levels: One
List Agent AOR: VenturaCoastal
List Agent Direct Phone: (805) 990-2065
List Agent Email: heidiivesbroker@aol.com
List Agent Name: Heidi Ives
List Agent MLS ID: V211501800
List office AOR: VenturaCoastal
List office MLS ID: V1050
List office Phone: (805) 933-2121
Listing Agreement: ExclusiveRightToSell
Listing Contract Date: 2026-05-05
Listing ID: V1-36215
Listing Service: FullService
Listing Terms: Cash,CashToNewLoan,Conventional
Lot Features: FrontYard,SprinklersNone
Lot Size Area: 7405
Lot Size Source: PublicRecords
Lot Size Square Feet: 7405
Lot Size Units: SquareFeet
MLS Area Major: SPL - Santa Paula
MLS Status: Active
Net Operating Income: 37620
Number of Buildings: 2
Number of Units Leased: 2
On Market Date: 2026-05-05
Open Parking Spaces: 3
Operating Expense: 7200
Original List Price: 775000
Parcel Number: 1010104085
Parking Features: Driveway,GarageFacesFront,Garage
Parking Total: 3
Photos Count: 4
Possession: CloseOfEscrow
Postal City: SANTA PAULA
Property Condition: Fixer
Road Frontage Type: CityStreet
Road Surface Type: Paved
Roof: Composition
Sewer: PublicSewer
State or Province: CA
Stories: 1
Stories Total: 1
Street Dir Prefix: N
Street Name: Oak
Street Number: 516
Street Suffix: Street
Tenant Pays: TrashCollection
Total Actual Rent: 3735
Utilities: ElectricityAvailable,ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Water Sewer Expense: 2400
Water Source: Public
Year Built: 1961
Zoning: MFR

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

$ 4,524.50
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,717.21

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