UNDER CONTRACT
$645K PRICE DROP
180 E Pleasant St Santa Paula, CA 93060
Estimated payment $11,634/month
Total Views
15,973
14
Beds
9
Baths
6,587
Sq Ft
$296
Price per Sq Ft
Highlights
- 0.33 Acre Lot
- Corner Lot
- 7 Attached Carport Spaces
- Traditional Architecture
- Laundry Room
- East Facing Home
About This Home
This is a solid 7-unit, multi-family asset positioned in an established residential adjacent to Santa Paula's historic district. This corner-lot property offers a balanced mix of stability, ideal for investors seeking durable cash flow in a supply-constrained Ventura County market.Units are all electric - no gas to the property.**Unit Mix & Income Profile****1 Owner's Unit: Single-story **2BR residence with attached garage**--well-suited for owner-occupancy or conversion to a premium rent unit.**6 Rental Units: All **2BR/1BA**, a consistently high-demand floor plan that supports strong occupancy and low turnover. Each unit includes a covered carport, enhancing rentability and tenant retention.Balcony inspections completed, and repair bids will be available, ensuring compliance with SB 721. **Community laundry room** provides additional income potential. **Corner lot** improves visibility, access, and long-term redevelopment flexibility. **Long-term ownership and continuous professional management indicate stable historical operations and slightly below-market rents to create stable occupancy, Owner is simply liquidating this asset. **Investment Highlights****Desirable 2BR unit mix** supports strong rent growth and broad tenant appeal. **Low maintenance configuration** with simple, repeatable floor plans. **High-demand location** near Santa Paula's historic district, employment centers, and schools. **Potential for rent repositioning** through cosmetic upgrades or modernization of common areas. **Owner's unit premium** offers optionality: occupy, lease at market, or convert to a higher-yield configuration.
Listing Agent
eXp Realty of California Inc License #00577863 Listed on: 02/08/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Lot Details
- 14,374 Sq Ft Lot
- 1 Common Wall
- Two or More Common Walls
- East Facing Home
- Fenced
- Corner Lot
- Level Lot
Parking
- 8 Car Garage
- 7 Attached Carport Spaces
- Parking Available
- Single Garage Door
Home Design
- Traditional Architecture
- Property Attached
- Cosmetic Repairs Needed
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 6,587 Sq Ft Home
- 2-Story Property
- Fire and Smoke Detector
- Electric Range
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 14 Bedrooms
- 9 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Outdoor Features
- Exterior Lighting
Utilities
- Heating Available
- Natural Gas Not Available
- Water Heater
Listing and Financial Details
- Assessor Parcel Number 1000140305
- Seller Considering Concessions
Community Details
Building Details
- 7 Leased Units
- 7 Separate Electric Meters
- Gardener Expense $12,974
- Insurance Expense $15,000
- Maintenance Expense $4,760
- Professional Management Expense $10,790
- Trash Expense $13,104
- Water Sewer Expense $29,373
- Operating Expense $180,482
- Gross Income $180,482
- Net Operating Income $127,819
Additional Features
- Santa Paula: Other 0051 Subdivision
- Laundry Facilities
Map
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Home Values in the Area
Average Home Value in this Area
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 | $12,717 | $1,111,191 | $257,563 | $853,628 |
| 2024 | $12,717 | $1,089,403 | $252,512 | $836,891 |
| 2023 | $12,450 | $1,068,043 | $247,561 | $820,482 |
| 2022 | $12,094 | $1,047,101 | $242,706 | $804,395 |
| 2021 | $12,059 | $1,026,570 | $237,947 | $788,623 |
| 2020 | $12,004 | $1,016,046 | $235,508 | $780,538 |
| 2019 | $11,345 | $996,125 | $230,891 | $765,234 |
| 2018 | $11,202 | $976,594 | $226,364 | $750,230 |
| 2017 | $11,333 | $957,446 | $221,926 | $735,520 |
| 2016 | $10,649 | $938,674 | $217,575 | $721,099 |
| 2015 | $10,181 | $924,575 | $214,307 | $710,268 |
| 2014 | $10,342 | $906,465 | $210,110 | $696,355 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/21/2026 05/21/26 | Price Changed | $1,950,000 | -11.4% | $296 / Sq Ft |
| 03/03/2026 03/03/26 | Price Changed | $2,200,000 | -15.2% | $334 / Sq Ft |
| 02/09/2026 02/09/26 | Price Changed | $2,595,000 | +4.0% | $394 / Sq Ft |
| 02/08/2026 02/08/26 | For Sale | $2,495,000 | -- | $379 / Sq Ft |
Source: Ventura County Regional Data Share
About the Listing Agent
Kay has been in full-time real estate since 1976. She is certified competent in many areas of real estate. She is known for her commitment to working early and late and her very hands-on management style. She remains the “first phone” on every transaction, and her market area is comfortably in Ventura County. She has specialties in ranches and land, historic homes, seniors’ real estate, and probate sales. She is a Certified Divorce Consultant, helping people navigate the waters of
Kay's Other Listings
Source: Ventura County Regional Data Share
MLS Number: V1-34553
APN: 100-0-140-305
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