1331 Richmond Road, Santa Paula, California 93060, Santa Paula, 93060 - 4 bed, 2 bath
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Santa Paula, California 93060
This 1915 historic residence represents a High-Potential Investment Opportunity, listed at $770,000—positioned above the $728,873 Fair Market Value. While requiring modernization, the property features a Condition Rating of 4, offering significant upside through value-add renovations. The expansive 13,068 sq. ft. lot provides rare ADU potential and RV parking, while the solar panel lease enhances energy efficiency. This unique asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to leverage historic charm and substantial land for long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1331 Richmond Road Subject | $770,000* List Price | 4 | 2 | 1,784 | $409 | - |
A 1307 Mariposa Drive Sold | $775,000 | 4 | 3 | 1,962 | $395 | 0.7 mi |
B 1225 Say Road Sold | $910,000 | 3 | 2 | 2,249 | $405 | 0.3 mi |
C 916 E Santa Paula Street Active | $749,898 List Price | 3 | 2 | 1,624 | $462 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1915, this historic home is functional but dated, requiring modernization of key systems and interiors. The presence of window AC units indicates a lack of updated central HVAC, and the interior finishes, while maintained, exceed the 20-year threshold for modern standards. The listing explicitly notes the opportunity to customize and modernize over time, fitting the criteria for a property needing minor repairs and aesthetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 1784.
Built in 1915, this home retains its original character with hardwood flooring, a classic fireplace, and a wrap-around porch, offering a unique aesthetic and personality that modern builds lack.
The oversized 13,068 square foot lot is significantly larger than neighboring properties, providing ample space for RV parking, gardening, or the construction of an Accessory Dwelling Unit (ADU).
As a century-old home, the property likely requires significant investment to update systems and finishes to meet contemporary standards and buyer expectations.
The solar panels are under an existing lease, which requires the buyer to assume a monthly financial commitment and may complicate the financing process.
Rare opportunity to own one of the original homes built in the historic tract of Santa Paula. This 4-bedroom, 2-bath home offers approximately 1,784 square feet of living space rich in character, charm, and architectural personality. Built in 1915, this home features original hardwood flooring, a classic fireplace, and a warm, inviting feel that blends historic charm with the opportunity to customize and modernize over time.Step outside onto the wrap around porch and enjoy the expansive approximately 13,000 square foot lot (0.30 acres), significantly larger than many surrounding properties. The generous outdoor space offers room for entertaining, gardening, RV parking, additional storage, or future expansion. The property also features an existing deck in the patio area, adding to the outdoor living experience.A unique piece of history awaits with an on-site bomb shelter, adding to the distinctive character of this one of a kind property. Solar panels are installed, offering energy efficiency with an existing lease in place.Additional highlights include the potential for an Accessory Dwelling Unit (ADU), guest house, or home office on this expansive lot. Conveniently located within walking distance to local schools and parks, this property offers both historical significance and outstanding future potential.
No exterior & parking available.
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,784 | 1,401 |
| Lot Size | 13,068 | 6,098 |
| Price | $770.0K | $739.5K |
| Price per sq ft | $432 | $488 |
| Built year | 1915 | 1963 |
| HOA | $0 | $307 |
| Days on market | 33 | 70 |
Jun 19, 2026
$770,000
Initial Listing