321 Walnut Street, Santa Paula, CA 93060
Local realty services provided by:ERA North Orange County Real Estate
321 Walnut Street,Santa Paula, CA 93060
$899,000
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kay wilson-bolton
Office: exp realty of california inc
MLS#:V1-36040
Source:San Diego MLS via CRMLS
Price summary
- Price:$899,000
About this home
Income Producing Multi Unit Property in Santa Paula's Historic DistrictA rare opportunity to acquire a three-unit residential investment in one of Santa Paula's most stable and historically desirable neighborhoods. This property offers diversified rental income, strong tenant demand, and multiple paths for value creation.Investment Highlights Three total units across two structures Front house: 3 bedrooms, 1 bath -- ideal for a higher anchor rent or owner occupancy Rear duplex: Two 1 bed/1 bath units -- consistently in demand among singles, couples, and local workforce renters On site parking for first-come, first-served -- a premium amenity in the historic district Low vacancy location with long term tenant stability Multiple income streams on one parcel, reducing risk exposureOperational Advantages Separate structures create privacy, reducing tenant friction and turnover Straightforward layouts that are easy to maintain Strong rental comps in the area for both 1 bed and 3 bed units Potential to increase rents, modernize interiors, or reposition the front house for premium returnsMarket & Location Strength Situated in Santa Paula's historic district, known for charm, walkability, and steady rental demand Close to downtown amenities, employment centers, schools, and transit Area continues to see rising interest from investors seeking stable, supply constrained marketsUpside Potential Value add opportunities through cosmetic upgrades Potential for improved operating efficiency and stronger year over year cash flow...
Contact an agent
Home facts
- Listing ID #:V1-36040
- Added:152 day(s) ago
- Updated:September 27, 2026 at 02:02 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
Structure and exterior
- Roof:Composition
- Construction Materials:Stucco
Finances and disclosures
- Price:$899,000
New listings near 321 Walnut Street
- New
$695,000Active4 beds 3 baths1,970 sq. ft.336 Allen Drive, Santa Paula, CA 93060
MLS# V1-38866Listed by: NEXTHOME COASTAL ESTATES - New
$1,150,000Active7 beds 6 baths1006 E Ventura Street, Santa Paula, CA 93060
MLS# V1-38865Listed by: BOUNDLESS REALTY INC - New
$1,500,000Active0 Acres13717 W Telegraph, Santa Paula, CA 93060
MLS# V1-38853Listed by: EXP REALTY OF CALIFORNIA INC - New
$775,000Active4 beds 2 baths1,624 sq. ft.346 Tirre Court, Santa Paula, CA 93060
MLS# V1-38842Listed by: EXP REALTY OF CALIFORNIA INC - New
$710,000Active4 beds 4 baths2,189 sq. ft.487 Limoneira Lane, Santa Paula, CA 93060
MLS# IG26205859Listed by: FORTRESS CAPITAL PARTNERS INC. - New
$790,000Active4 beds 4 baths2,214 sq. ft.549 Kumquat Court, Santa Paula, CA 93060
MLS# V1-38818Listed by: COMPASS - New
$772,500Active4 beds 2 baths1,686 sq. ft.218 Warren Avenue, Santa Paula, CA 93060
MLS# V1-38803Listed by: EXP REALTY OF CALIFORNIA INC
$4,300,000Active4 beds 4 baths3,400 sq. ft.11400 Topa Vista Road, Santa Paula, CA 93060
MLS# V1-38745Listed by: LIV SOTHEBYS OJAI
$1,100,000Active44 beds 28 baths16,199 sq. ft.220 Garcia Street, Santa Paula, CA 93060
MLS# 26988479Listed by: CBRE
$545,000Active2 beds 2 baths1,248 sq. ft.975 W Telegraph Road #122, Santa Paula, CA 93060
MLS# V1-38720Listed by: EXP REALTY OF CALIFORNIA INC