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116 S 7th Street, Santa Paula, CA 93060

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For Sale

$1,850,000

8 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

Explore this Property

Excellent opportunity to purchase a nine (9) unit investment property with a significant upside in rental income. 116 S 7th St is a unique mix of 9 units consisting of 5 units in one building, three units as a triplex, and one single family unit located in the desirable Santa Paula area across the street from the historic theatre. This property provides a tremendous opportunity for an investor to acquire pride in ownership of an asset that has upside potential in increasing rents with the potential of adding ADUs to the property. A great opportunity to boost future rental revenue and income stream, raising the overall value of the investment. Buyer to verify with the city for associated ADU conversion requirements. The property consists of one studio, seven (7) 1 bed/1 bath, and one (1) 3 bath/1 bath. Most tenants are on a month-to-month basis, and units are separately metered for gas and electricity. The property is within a short distance to public transportation, in addition to nearby retail shops and businesses.
MLS# P1-20630

Courtesy Of Compass

(949) 438-4340

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Cooling System
    None

Map and Directions

Directions to 116 S 7th Street, Santa Paula, CA 93060

Home seller CENTURY 21 Everest

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Everest

(805) 815-3577
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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