220 S Palm AVE new

Santa Paula,CA 93060

$ 1149000

6 Beds

6 Baths

3608 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,608 sqft

Price per Sqft $318

MLS Listing ID SR25134572

Bedrooms 6

Full Baths 6

Year Built 1979

Lot Size 6,534 Sqft

Property Sub-Type Triplex

Property Description

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.

Location

State CA

County Ventura

Area Spl - Santa Paula

Zoning R-2D

Interior

Heating Central

Cooling Central Air

Flooring Carpet,See Remarks,Tile

Fireplaces Type None

Laundry Common Area

Exterior

Parking Features Attached Carport,Asphalt,Concrete,Covered,Carport,On Site,Private,See Remarks,Side By Side

Fence Wood

Pool None

Community Features Curbs,Storm Drain(s),Street Lights,Sidewalks

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

View Y/N Yes

View Neighborhood

Building

Lot Description 0-1 Unit/Acre,Landscaped,Level

Dwelling Type Triplex

Story 2

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Santa Paula

Others

Acceptable Financing Cash,Conventional,1031 Exchange

Listing Terms Cash,Conventional,1031 Exchange

Special Listing Condition Standard

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