220 S Palm Ave Santa Paula, CA 93060
Estimated payment $6,699/month
Highlights
- Living Room with Attached Deck
- Neighborhood Views
- Laundry Room
- No HOA
- Side by Side Parking
- Storage
About This Home
Welcome to 220, 222, and 224 S. Palm Avenue — an exceptional investment opportunity offering three expansive townhouse-style apartment units in a desirable and centrally located neighborhood. With a combined total of approximately 3,608 square feet, each unit spans about 1,200 sq ft and features a thoughtfully designed layout with 2 spacious bedrooms and 1.5 bathrooms, making them highly attractive to long-term tenants seeking both comfort and functionality. Each unit boasts its own private patio area, ideal for outdoor relaxation or entertaining guests. Additional conveniences include individual storage closets and two dedicated carport parking spaces per unit, totaling six covered parking spaces. The townhouse configuration ensures each residence feels more like a private home than a typical apartment, increasing tenant appeal and retention. The property also includes an on-site, coin-operated laundry room that generates consistent additional income. With ample lot space and configuration, there is exciting potential to add an Accessory Dwelling Unit (ADU) for even more rental income or expanded living options. Whether you're a seasoned investor looking to expand your portfolio or a new buyer seeking a strong income-producing asset, this unique triplex offers the perfect blend of size, function, and future upside. Don’t miss this rare chance to own a high-demand rental property in a thriving rental market.
Listing Agent
Real Broker Brokerage Phone: 818-588-8406 License #02220204 Listed on: 07/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,750
Year Built
- Built in 1979
Lot Details
- 6,534 Sq Ft Lot
- No Common Walls
- Wood Fence
- Landscaped
- Level Lot
- Density is up to 1 Unit/Acre
Home Design
- Triplex
Interior Spaces
- 3,608 Sq Ft Home
- 2-Story Property
- Sliding Doors
- Family Room
- Living Room with Attached Deck
- Storage
- Laundry Room
- Neighborhood Views
Kitchen
- Gas Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 6 Parking Spaces
- 6 Attached Carport Spaces
- Parking Available
- Side by Side Parking
- Driveway
- Paved Parking
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Additional Features
- Accessible Parking
- Exterior Lighting
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 313700
- Assessor Parcel Number 1050090305
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $215
- Fuel Expense $165
- Insurance Expense $209
- Trash Expense $167
- Water Sewer Expense $460
- Operating Expense $1,278
- Gross Income $4,400
- Net Operating Income $5,622
Map
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 | $3,750 | $325,358 | $124,395 | $200,963 |
| 2024 | $3,750 | $318,979 | $121,956 | $197,023 |
| 2023 | $3,672 | $312,725 | $119,565 | $193,160 |
| 2022 | $3,567 | $306,594 | $117,221 | $189,373 |
| 2021 | $3,557 | $300,583 | $114,923 | $185,660 |
| 2020 | $3,541 | $297,503 | $113,746 | $183,757 |
| 2019 | $3,348 | $291,670 | $111,516 | $180,154 |
| 2018 | $3,306 | $285,952 | $109,330 | $176,622 |
| 2017 | $3,344 | $280,346 | $107,187 | $173,159 |
| 2016 | $3,144 | $274,850 | $105,086 | $169,764 |
| 2015 | $3,007 | $270,723 | $103,508 | $167,215 |
| 2014 | $3,054 | $265,423 | $101,482 | $163,941 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2025 07/12/25 | Price Changed | $1,171,980 | +2.0% | $325 / Sq Ft |
| 07/08/2025 07/08/25 | For Sale | $1,149,000 | -- | $318 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $150,000 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25149472
APN: 105-0-090-305
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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