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220 S Palm Avenue

Santa Paula, CA 93060
  • $1,100,000
  • STATUS: Active Under Contract
  • ON SITE: 154 Days
  • ID#: V1-36403
Under Contract
UPDATED: 34 min ago
$1,100,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1979
County:

School Ratings & Info

Listing Agent(s): Albert Goldberg of Albert Goldberg ((805) 797-3862)


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?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-15T21:32:27.663. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/176478392
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220 S Palm Avenue Santa Paula, CA 93060

  • Price: $1,100,000
  • Status: Active Under Contract
  • On Site: 154 Days
  • Updated: 34 min ago
  • ID#: V1-36403
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1979
Built
Neighborhood:
Santa Paula: Other - 0051
County:
Ventura
Area:
SPL - Santa Paula
Property 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?
Exterior Features

Fencing BlockWood Lot Features Sprinklers None Number Of Separate Electric Meters 3 Parking Features Assigned Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View YN Yes

Interior Features

Appliances Dishwasher Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Forced Air Heating YN Yes

Property Features

Association Fee 0 Community Features Sidewalks Electric Expense 420 Garage YN No Gross Income 84420 Gross Scheduled Income 84420 Insurance Expense 2844 Land Lease YN No Laundry Features Laundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Limited Service Listing Terms CashCash to New LoanConventionalCal Vet Loan1031 ExchangeFHA 203(b)FHAFannie MaeFreddie MacGovernment LoanSubmitTradeUSDA LoanVA LoanVA No Loan Net Operating Income 68544 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 15876 Other Expense 720 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Trash Expense 2004 Water Sewer Expense 5520



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-15T21:32:27.663. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Albert Goldberg of Albert Goldberg ((805) 797-3862)