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Mike Chiesl

hello@chieslmarelly.com +1(760) 473-0000

$ 699,000

Est. payment -/mo

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Active

435 S Palm Avenue Santa Paula, CA 93060

4 Beds

2 Baths

1,312 SqFt

UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 1,312 sqft

Price per Sqft $532

MLS Listing ID SR25134471

Bedrooms 4

Full Baths 2

Year Built 1890

Property Sub-Type Townhome

Property Description

Welcome to 435 & 435 S. Palm Ave, a rare and valuable investment opportunity located in the heart of Santa Paula. This unique property features two detached single-family homes on one lot, each offering 2 bedrooms and 1 bathroom, with a combined total of approximately 1,312 square feet of living space. Set on a generous 6,000 sq ft lot, this versatile property is ideal for investors looking to generate immediate income or for homeowners seeking a multi-generational living setup with future development potential. Each unit is separately metered, and tenants pay all utilities, providing a low-maintenance and cost-efficient investment. Both homes enjoy off-street parking, and although there are no garages, the layout offers convenience and privacy for each household. The property is currently occupied by reliable, long-term tenants, ensuring steady cash flow from day one. What truly sets this property apart is its development potential. With ample lot space and favorable zoning, there's an excellent opportunity to add on to the existing structures or build an Accessory Dwelling Unit (ADU) to further increase rental income or accommodate extended family. Whether you're a seasoned investor looking to expand your portfolio or a savvy buyer exploring multi-unit living with added upside, 435 & 435 S. Palm Ave offers flexibility, income, and future growthall in a charming and well-located Santa Paula neighborhood.

Location

State CA

County Ventura

Zoning M-1KH

Direction Take CA-126?W, exit 10th St/Palm Ave, then turn onto S Palm Ave.

Interior

Heating Forced Air Unit

Cooling Central Forced Air

Flooring Tile, Wood

Fireplace No

Exterior

Fence Wood

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Neighborhood

Accessibility Parking

Porch Porch

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Tax ID 1040061395

Special Listing Condition Standard

Listed by Clayton Wenger Real Broker

Mike Chiesl

Broker | License ID: 01783300

+1(760) 473-0000

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