22
See all 22 photos
$1,171,980
Est. payment /mo
6 Beds
6 Baths
New
220 S Palm Avenue Santa Paula, CA 93060
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25149472
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
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. Dont miss this rare chance to own a high-demand rental property in a thriving rental market.
Location
State CA
County Ventura
Zoning Assessor
Direction Take CA-126 W, exit 10th St/Palm Ave, then turn onto Palm Ave for 220224 S Palm Ave.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 1050090305
Listed by Clayton Wenger Real Broker