$835,000
UNDER CONTRACT

1121 New St Santa Paula, CA 93060

Estimated payment $4,725/month

Total Views 7,426
5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Laundry Room
  • Masonry wall
  • Carpet
  • 3 Car Garage
  • South Facing Home
  • 5-minute walk to Veterans Memorial Park

About This Home

Welcome to an Incredible Investment Opportunity in Santa Paula!This charming triplex offers the perfect blend of potential and versatility, featuring two spacious 2-bedroom, 1-bath units and one cozy 1-bedroom, 1-bath unit. Whether you're a first-time homebuyer looking to live in one unit while generating rental income from the others, or a savvy investor ready to unlock the full potential of this diamond in the rough -- this property is a must-see!Each unit comes with its own single-car garage and additional driveway parking. Conveniently located near schools, shopping, and with easy access to Highway 126, this property combines comfort, location, and income potential.Don't miss this opportunity to own a multi-unit property in a growing community. Schedule your private showing today!

Listing Agent

Freddy Carrasco

RE/MAX Gold Coast-Beach Marina Office License #01940171 Listed on: 07/31/2025

RE/MAX Gold Coast-Beach Marina Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,204

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 5,227 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Masonry wall
  • Wood Fence
  • No Sprinklers

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Triplex
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • 2-Story Property
  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 1010223075

Community Details

Overview

  • Santa Paula: Other 0054 Subdivision

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $684
  • Water Sewer Expense $4,800
  • Operating Expense $5,484
  • Gross Income $69,420
  • Net Operating Income $63,936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,204

Year Built

Built in 1979 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Santa Paula: Other - 0054
  • View: No
  • Water Sewer Expenses: 4800.00
  • Property Condition: Fixer, Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 1010223075
  • Year Built: 1979
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: No
  • Levels: Two

Exterior Features

  • Direction Faces: South
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Masonry, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Driveway
  • Total Parking Spaces: 9.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 684.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 5227.00
  • Lot Size Acres: 0.1200

Multi Family

  • Gross Income: 69420.00
  • Gross Scheduled Income: 69420.00
  • Lot Size Area: 5227.0000 Square Feet
  • Net Operating Income: 63936.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Operating Expense: 5484.00
  • Rent Control: Yes
  • Total Expenses: 5484.00

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,204 $188,814 $13,424 $175,390
2024 $2,204 $185,112 $13,161 $171,951
2023 $2,159 $181,483 $12,903 $168,580
2022 $2,098 $177,925 $12,650 $165,275
2021 $2,092 $174,437 $12,402 $162,035
2020 $2,083 $172,651 $12,276 $160,375
2019 $1,970 $169,267 $12,036 $157,231
2018 $1,946 $165,949 $11,800 $154,149
2017 $1,968 $162,696 $11,569 $151,127
2016 $1,852 $159,507 $11,343 $148,164
2015 $1,772 $157,114 $11,174 $145,940
2014 $1,800 $154,038 $10,956 $143,082
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 For Sale $835,000 -- --
Source: Ventura County Regional Data Share

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

About the Listing Agent

Freddy Carrasco

RE/MAX Gold Coast-Beach Marina Office

(805) 429-4981

Section Image

With over 11 years of experience as a dedicated Realtor,
Freddy Carrasco has become a respected leader in the real estate industry. As
the founder and team lead of The Carrasco Real Estate Team, Freddy combines
professionalism, expertise, and a personal touch to help clients achieve their
real estate dreams.

Freddy’s unwavering commitment to excellence is reflected in
his impressive accolades. He is a 4-time Platinum Club honoree, recipient of
the prestigious Hall of

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Source: Ventura County Regional Data Share

MLS Number: V1-31506

Ventura County Regional Data Share

APN: 101-0-223-075