228 S 4th Street Santa Paula, CA 93060

Multi-Family (2-4 Units) MLS #: 224005007 Courtesy Of eXp Realty of California Inc.

$1,100,000

4 beds | 4 baths | 1,924 sq ft
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Estimated monthly payments: $4,808/mo.* (recalculate)

Property InformationDescription

Exceptional Fourplex with ADU Potential - Prime Investment Opportunity!This income-generating fourplex presents a rare chance for both seasoned and first-time investors to expand their portfolio. Featuring two duplexes, the property includes:Two 1-bedroom, 1-bath units and two studio units. Units 228(1/2) and 230(1/2): Situated above four one-car garages, adding tenant convenience and potential additional rrevenue.Pro-Forma Annual Gross Rents projected at $76,800, highlighting room for growth based on current rents from two of the four units.Key Features: Individual electrical and gas meters for each tenant simplifies management and billing. Potentially add two Accessory Dwelling Units (ADUs), significantly increasing rental income. Month-to-Month Leases offer flexibility for future rental adjustments to maximize returns.Strong Cash Flow: This property is designed to generate reliable income with upside potential.Prime Location:Conveniently located near the Santa Paula Airport, local restaurants, and with easy access to the 126 Freeway, this property offers a sought-after location for tenants while ensuring long-term rental demand.Bonus Opportunity:The seller is offering two additional income-producing properties as part of a bundle sale: (608 E Main St, Santa Paula) and (220 S Palm Ave, Santa Paula). This is a unique opportunity to acquire three income-generating properties as a package deal, further diversifying your investment portfolio.Don't miss your chance to invest in Santa Paula's thriving rental market.
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Lot Size: 0.16 Acres

MAP & DIRECTIONS

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228 S 4th Street, Santa Paula, CA 93060
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School Information

228 S 4th Street, Santa Paula, CA 93060

Elementary School
Grades KG-5 | Public School
GLEN CITY ELEMENTARY SCHOOL
Santa Paula, CA 93060
141 S Steckel Dr
805.­933.8850
Distance: 0.6 mi
School Rating
C
Student:Teacher Ratio
21:1
Total Students
546
Middle School
Grades 6-8 | Public School
ISBELL MIDDLE SCHOOL
Santa Paula, CA 93060
221 S 4th St
805.­933.8880
Distance: 0.1 mi
School Rating
D
Student:Teacher Ratio
24:1
Total Students
1118
High School
N/A
Other Nearby Schools Distance Type Grades School Rating
St Sebastian School 0.4 mi Private PK-7
Renaissance High School 0.5 mi Public 9-12 D+
Santa Paula High School 0.6 mi Public 9-12 C+
Grace Thille Elementary School 0.7 mi Public KG-5 B
Mckevett Elementary School 0.8 mi Public KG-5 C+
Barbara Webster Elementary School 0.9 mi Public KG-5 D+
Blanchard Elementary School 1.1 mi Public KG-5 C
Thelma Bedell Elementary School 1.8 mi Public KG-5 C-
Briggs Elementary School 2.5 mi Public 5-8 C+
Mupu Elementary School 2.6 mi Public KG-8 C+
Santa Clara Elementary School 4.3 mi Public KG-6
Olivelands Elementary School 4.4 mi Public KG-4 B-
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.

Demographic Data

Santa Paula, CA 93060

Median Age: 35.6
Married: 53%
Number of Households: 10,106
Households with Children: 37.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Conejo Simi Moorpark Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.