435 S Palm Ave Santa Paula, CA 93060
Estimated payment $4,598/month
Total Views
13,643
4
Beds
2
Baths
1,312
Sq Ft
$543
Price per Sq Ft
Highlights
- Open Floorplan
- Private Yard
- Neighborhood Views
- Wood Flooring
- No HOA
- Living Room
About This Home
Welcome to 435 & 4351⁄2 S. Palm Ave, a rare and valuable investment opportunity located in the heart of Santa Paula. This unique property features two detached single-family homes on one lot, each offering 2 bedrooms and 1 bathroom, with a combined total of approximately 1,312 square feet of living space. Set on a generous 6,000 sq ft lot, this versatile property is ideal for investors looking to generate immediate income or for homeowners seeking a multi-generational living setup with future development potential.
Each unit is separately metered, and tenants pay all utilities, providing a low-maintenance and cost-efficient investment. Both homes enjoy off-street parking, and although there are no garages, the layout offers convenience and privacy for each household. The property is currently occupied by reliable, long-term tenants, ensuring steady cash flow from day one.
What truly sets this property apart is its development potential. With ample lot space and favorable zoning, there's an excellent opportunity to add on to the existing structures or build an Accessory Dwelling Unit (ADU) to further increase rental income or accommodate extended family.
Whether you're a seasoned investor looking to expand your portfolio or a savvy buyer exploring multi-unit living with added upside, 435 & 4351⁄2 S. Palm Ave offers flexibility, income, and future growth—all in a charming and well-located Santa Paula neighborhood.
Listing Agent
Real Broker Brokerage Phone: 818-588-8406 License #02220204 Listed on: 07/08/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1890
Lot Details
- 5,662 Sq Ft Lot
- No Common Walls
- Wood Fence
- Block Wall Fence
- Landscaped
- Level Lot
- Private Yard
- Lawn
- Back and Front Yard
- Density is up to 1 Unit/Acre
Home Design
- Duplex
Interior Spaces
- 1,312 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Family Room
- Living Room
- Neighborhood Views
- Laundry Room
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Open Parking Spaces
- 4 Parking Spaces
- 2 Carport Spaces
- Driveway
- On-Street Parking
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Additional Features
- Accessible Parking
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 125
- Assessor Parcel Number 1040061395
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $120
- Fuel Expense $100
- Insurance Expense $165
- Trash Expense $100
- Water Sewer Expense $360
- Operating Expense $1,039
- Gross Income $3,825
- Net Operating Income $3,524
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2025 07/12/25 | Price Changed | $712,980 | +2.0% | $543 / Sq Ft |
| 07/08/2025 07/08/25 | For Sale | $699,000 | -- | $533 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Similar Homes in Santa Paula, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25149479
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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