223 N Palm Avenue, Santa Paula, California 93060, Santa Paula, - bed, bath
ACTIVE UNDER CONTRACT$365,000
223 N Palm Avenue, Santa Paula, California 93060
2Beds
1Bath
1,162Sqft
6,750Lot
Year Built
1927
Close
-
List price
$365K
Original List price
$365K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
220009062
Home ConditionPoor
Features
View-
About this home
Nearby schools
/10
Santa Paula High School
Public,•9-12•0.3mi
Price History
Date
Event
Price
08/21/20
Listing
$365,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (74 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 23% |
| Baths | 1 | 2 | 16% |
| Square foot | 1,162 | 1,860 | 21% |
| Lot Size | 6,750 | 6,098 | 64% |
| Price | $365K | $745K | 4% |
| Price per square foot | $314 | $415 | 8% |
| Built year | 1927 | 1965 | 12% |
| HOA | |||
| Days on market | 1902 | 174 | 97% |
Condition Rating
Poor
Built in 1927, this property is nearly a century old. The exterior images show an aged roof and an outdated antenna, suggesting a lack of significant recent updates. Crucially, the absence of interior photos for the kitchen, bathrooms, and other living areas strongly indicates that these spaces are likely very dated and require substantial renovation. Major systems (electrical, plumbing, HVAC) are also highly probable to be original or very old, necessitating significant repairs and rehabilitation to meet current standards and comfort levels.
Pros & Cons
Pros
Historic Character: Built in 1927, the property likely retains original architectural details and charm, appealing to buyers seeking unique, character-rich homes rather than new constructions.
Generous Lot Size: The 6750 sqft lot provides ample outdoor space for gardening, entertaining, or potential future expansion, a valuable asset in many California markets.
Affordable Entry Point: Listed at $365,000, this property offers a relatively accessible price point for a single-family home in California, potentially attracting first-time homebuyers or those seeking value.
Desirable Location: Situated in Santa Paula, the property benefits from a community known for its small-town charm, scenic surroundings, and a more relaxed lifestyle within Ventura County.
Value-Add Potential: The property's age and current configuration present significant opportunities for renovation and modernization, allowing a buyer to customize and build substantial equity.
Cons
Age-Related Maintenance & Updates: As a 1927 build, the property is likely to require significant updates to major systems (e.g., plumbing, electrical, HVAC) and general modernization, which could incur substantial costs and effort.
Limited Bathroom Count: With only one bathroom for a two-bedroom home, the property may not meet the needs or preferences of all prospective buyers, particularly families or those desiring more convenience.
Compact Interior Space: The 1162 sqft living area is relatively modest for a single-family home, which might limit flexibility and comfort for some lifestyles or larger households.