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$899,000
94 Days On Site

321 Walnut Street
Santa Paula, CA 93060

For Sale|Multi Family|Active
4
Beds
2
Total Baths

SqFt

/SqFt
County:
Ventura
Listed by Kay Wilson-Bolton of eXp Realty of California Inc (805) 340-5025
Call Now: (408) 868-2620
Is this the listing for you? We can help make it yours.
(408) 868-2620
321 Walnut Street321 Walnut Street321 Walnut Street321 Walnut Street
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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

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Listing Snapshot
Price 
$899,000
Days On Site 
94 Days
Bedrooms 
4
Inside Area (SqFt) 
0.0 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
N/A
MLS® Number 
V1-36040
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Property Sub Type 
Multi Family
Zoning 
Assessor
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Exterior Features
Construction Details 
Stucco
Roof 
Composition
Community Features
Community Features 
Sidewalks
Financing Terms Available 
ConventionalFHA
Listed by Kay Wilson-Bolton of eXp Realty of California Inc (805) 340-5025



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Last checked 2026

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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