$1,069,980
$21K PRICE INCREASE

228 S 4th St Santa Paula, CA 93060

Estimated payment $6,900/month

Total Views 12,830
4 Beds
4 Baths
1,924 Sq Ft
$556 Price per Sq Ft

Highlights

  • Wood Flooring
  • Private Yard
  • Neighborhood Views
  • Main Floor Primary Bedroom
  • No HOA
  • Living Room

About This Home

Welcome to 228, 230, 2281⁄2, and 2301⁄2 S. 4th Street in the heart of Santa Paula — an exceptional multi-unit investment opportunity perfect for both seasoned investors and those looking to expand their real estate portfolio. This unique property features two duplexes situated on one lot, offering a total of four income-generating units and a combined 1,924 square feet of living space. The front duplex consists of two spacious 1-bedroom, 1-bathroom units, ideal for long-term tenants seeking comfort and convenience. At the rear of the property, you'll find two bachelor units located above four detached garages, maximizing use of space and providing additional rental income. Each unit is currently occupied by reliable, long-term tenants, making this a truly turnkey investment with strong cash flow from day one. In addition to its current income-producing setup, this property offers tremendous upside potential. With a generous lot size and favorable layout, there’s a major opportunity to add square footage or build an Accessory Dwelling Unit (ADU) — expanding your rental income and increasing the overall value of the property. Whether you're interested in redevelopment, increasing rental yields, or simply securing a well-maintained asset in a desirable area, this property checks all the boxes. Don’t miss out on this rare chance to own a versatile and high-potential property in the charming and centrally located community of Santa Paula.

Listing Agent

Clayton Wenger

Real Broker Brokerage Phone: 818-588-8406 License #02220204 Listed on: 07/08/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 6,969 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Quadruplex

Interior Spaces

  • 1,924 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Storage
  • Laundry Room
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Gas Range
  • Range Hood

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 1030211175

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $200
  • Fuel Expense $85
  • Insurance Expense $217
  • Trash Expense $190
  • Water Sewer Expense $475
  • Operating Expense $1,127
  • Gross Income $5,480
  • Net Operating Income $4,353

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Price Per Unit: 267495
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 475.00
  • Zoning: R-2D
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 1030211175
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Storage
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 556.12
  • Room Type: Family Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, On Site, Private
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Range Hood, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central, Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 190.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Lawn, Level, Sprinkler System, Yard
  • Lot Size Sq Ft: 6969.00
  • Lot Size Acres: 0.1600

Multi Family

  • Electric Expense: 200.00
  • Fuel Expense: 85.00
  • Gross Income: 5480.00
  • Gross Scheduled Income: 5480.00
  • Insurance Expense: 217.00
  • Lot Size Area: 6969.0000 Square Feet
  • Net Operating Income: 4353.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 1127.00
  • Rent Control: No
  • Total Expenses: 1127.00

Tax Info

  • Tax Census Tract: 6.00
  • Tax Lot: 35
  • Tax Tract Number: 002RS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2025 07/12/25 Price Changed $1,069,980 +2.0% $556 / Sq Ft
07/08/2025 07/08/25 For Sale $1,049,000 -- $545 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25149456

California Regional Multiple Listing Service (CRMLS)

APN: 103-0-211-175