321 Walnut Street, Santa Paula, CA 93060 - Photo 1 of 21, Santa Paula, CA
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$899,000

321 Walnut Street, Santa Paula, CA 93060

eXp Realty of California Inc
MLS® V1-36040
4Beds
2Baths
0
16Days Listed

About This Property

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

Kay Wilson-BoltoneXp Realty of California Inc805-340-5025MLS® V1-36040

Property Location

Map

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
4
Bathrooms
2
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Active
Days on Market
16
Cumulative Days on Market
3
Original Price
$899,000
MLS® Number
V1-36040

Location & Neighborhood

What's nearby 321 Walnut Street, Santa Paula, CA 93060

Nearby Schools

Parks & Recreation

Transit Access

Local Amenities

Dining

Banking

POI data updated 7/19/2026

Santa Paula Market Snapshot

76

Active Listings

$799K

Median Price

35

Avg Days on Market

Last updated: Apr 30, 2026

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$899,000