146 S 8th Street, Santa Paula, California 93060, Santa Paula, - bed, bath

home-pic
ACTIVE$967,980
146 S 8th Street, Santa Paula, California 93060
0Bed
0Bath
2,407Sqft
3,920Lot
Year Built
1980
Close
-
List price
$968K
Original List price
$949K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SR25149482
Home ConditionGood
Features
Good View: Neighborhood
ViewNeighborhood

About this home

Introducing a rare and versatile investment opportunity in the heart of Santa Paula—146 S. 8th Street and 743, 743½, 745 E. Ventura Street. This fully rebuilt four-unit property offers a total of 7 bedrooms and 4 bathrooms across approximately 2,407 square feet of living space, thoughtfully laid out to maximize comfort, functionality, and rental potential. Nestled on a desirable 4,140 square foot corner lot, the property was completely rebuilt from the studs out in 2010, providing peace of mind with updated systems, modern finishes, and enhanced structural integrity. The property includes a well-balanced mix of unit configurations, ideal for both investors and owner-users alike. The main unit features 3 bedrooms and 1 bathroom, offering spacious living quarters perfect for a primary residence or premium rental. The second unit includes 2 bedrooms and 1 bathroom, ideal for small families or long-term tenants. The third unit is a cozy 1-bedroom, 1-bath option that can serve as a guest suite, rental, or extended family space. Finally, the fourth unit is a charming studio—an excellent opportunity for short-term rental income or an efficient independent living solution. Each unit benefits from the thoughtful renovation, featuring modern amenities while preserving the character of this classic Santa Paula neighborhood. The corner lot placement enhances privacy and provides easy access and visibility for all four units. Located near schools, shops, restaurants, and major commuter routes, this property offers both convenience and strong rental demand. Whether you're looking to expand your real estate portfolio, live in one unit while renting the others, or explore multi-generational living, this turn-key property presents endless possibilities and solid long-term value. Don’t miss your chance to own a fully renovated, income-generating gem in a thriving community.

Nearby schools

/10
Santa Paula High School
Public,9-120.5mi
Condition Rating
Good

The property was rebuilt in 2010, which is within the 'good' condition range. The description mentions updated systems and modern finishes. The kitchens and bathrooms appear functional and reasonably updated, although not high-end. The appliances are not brand new but seem to be in working order. Overall, the property appears to be move-in ready with no immediate major renovations required.
Pros & Cons

Pros

Fully Rebuilt: The property was completely rebuilt from the studs out in 2010, ensuring updated systems and structural integrity.
Multi-Unit Income Potential: Features four separate units, providing diverse income streams and investment flexibility.
Desirable Corner Lot: Located on a corner lot, enhancing privacy, access, and visibility for all units.
Mix of Unit Configurations: Offers a balanced mix of 3-bedroom, 2-bedroom, 1-bedroom, and studio units, catering to various tenant needs.
Prime Location: Close proximity to schools, shops, restaurants, and major commuter routes, increasing rental demand.

Cons

Lot Size: The lot size is relatively small at 4,140 square feet, potentially limiting outdoor space or expansion possibilities.
Year Built: Although rebuilt in 2010, the original year built is 1980, which might affect some buyers' perceptions.
Price Point: The list price of $967,980 may be considered high for the Santa Paula market, potentially limiting the pool of buyers.

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