116 S 7th Street, Santa Paula CA, 93060

Active

116 S 7th Street

Santa Paula CA, 93060

$1,850,000

$349.39 per sqft

Active

5,295 sqft

Condos

Built in 1910

Listed by Janine Morovati with COMPASS (818) 482-1158

Excellent opportunity to purchase a nine (9) unit investment property with a significant upside in rental income. 116 S 7th St is a unique mix of 9 units consisting of 5 units in one building, three units as a triplex, and one detached unit. This property is located in the desirable downtown Santa Paula area across the street from the historic theatre. It provides a tremendous opportunity for an investor to acquire pride in ownership of an asset that has upside potential in increasing rents with the potential of adding ADUs to the property. A great opportunity to boost future rental revenue and income stream, raising the overall value of the investment. Buyer to verify with the city for associated ADU requirements. The property consists of one studio, seven (7) 1 bed/1 bath, and one (1) 3 bath/1 bath. Most tenants are on a month-to-month basis, and units are separately metered for gas and electricity. The property is within a short distance to public transportation, in addition to nearby retail shops and businesses.

P1-20630

MLSⓇ ID

January 27, 2025

Listed

February 3, 2025

Updated

Map

116 S 7th Street
Santa Paula CA, 93060

Interior Features

Laundry Description: None
Fireplace: Yes
Cooling: No
Cooling Description: None
Heating: Yes

Exterior/Building Features

Lot Size: 0.36 Acres
Lot Features: Sprinklers None
Sewer: Public Sewer

Other Property Details

Area Name: SPL - Santa Paula
Days on Market: 5
Garage: No
Parking Total: 10
View: No
View Description: None
County: Ventura
Water Source: Public
Pool: No
Pool Features: None

Listing Contact: (818) 790-9900

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/3/2025. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 2/3/2025 at 3:10 AM UTC