146 S 8th Street, Santa Paula, California 93060, Santa Paula, 93060 - bed, bath

146 S 8th Street, Santa Paula, California 93060 home-pic-0
ACTIVE$967,980
146 S 8th Street, Santa Paula, California 93060
0Bed
0Bath
2,407Sqft
3,920Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Multi-Unit Income Potential: This property features four distinct units (3-bed, 2-bed, 1-bed, studio), offering diverse rental income streams and flexibility for investors or owner-users.
Top Cons:
Limited Private Outdoor Space: With four units on a 4,140 sqft lot, individual private outdoor spaces for tenants are likely minimal or non-existent, which can be a drawback.

Compared to the nearby listings

Price:$968.0K vs avg $1.34M ($-368,510)50%
Size:2,407 sqft vs avg 1,983.5 sqft50%
Price/sqft:$402 vs avg $74850%

More Insights

Built in 1980 (45 years old).
Condition: This property was extensively rebuilt from the studs out in 2010, making its effective age for systems and finishes 14 years old. This falls squarely within the 'Good' category's criteria for properties extensively renovated within 5 to 15 years. The images show clean, move-in ready units with tile flooring throughout. The kitchen, while functional and well-maintained, features oak-style cabinets, laminate countertops, and basic white appliances that reflect a 2010 aesthetic rather than current trends. However, all components appear to be in good working order with minimal wear and tear, and no immediate renovations are required.
Year Built
1980
Close
-
List price
$968K
Original List price
$949K
Price/Sqft
$402
HOA
-
Days on market
-
Sold On
-
MLS number
SR25149482
Home ConditionGood
Features
ViewNeighborhood

About this home

Introducing a rare and versatile investment opportunity in the heart of Santa Paula—146 S. 8th Street and 743, 743½, 745 E. Ventura Street. This fully rebuilt four-unit property offers a total of 7 bedrooms and 4 bathrooms across approximately 2,407 square feet of living space, thoughtfully laid out to maximize comfort, functionality, and rental potential. Nestled on a desirable 4,140 square foot corner lot, the property was completely rebuilt from the studs out in 2010, providing peace of mind with updated systems, modern finishes, and enhanced structural integrity. The property includes a well-balanced mix of unit configurations, ideal for both investors and owner-users alike. The main unit features 3 bedrooms and 1 bathroom, offering spacious living quarters perfect for a primary residence or premium rental. The second unit includes 2 bedrooms and 1 bathroom, ideal for small families or long-term tenants. The third unit is a cozy 1-bedroom, 1-bath option that can serve as a guest suite, rental, or extended family space. Finally, the fourth unit is a charming studio—an excellent opportunity for short-term rental income or an efficient independent living solution. Each unit benefits from the thoughtful renovation, featuring modern amenities while preserving the character of this classic Santa Paula neighborhood. The corner lot placement enhances privacy and provides easy access and visibility for all four units. Located near schools, shops, restaurants, and major commuter routes, this property offers both convenience and strong rental demand. Whether you're looking to expand your real estate portfolio, live in one unit while renting the others, or explore multi-generational living, this turn-key property presents endless possibilities and solid long-term value. Don’t miss your chance to own a fully renovated, income-generating gem in a thriving community.

Nearby schools

/10
Santa Paula High School
Public,9-120.5mi
Condition Rating
Good

This property was extensively rebuilt from the studs out in 2010, making its effective age for systems and finishes 14 years old. This falls squarely within the 'Good' category's criteria for properties extensively renovated within 5 to 15 years. The images show clean, move-in ready units with tile flooring throughout. The kitchen, while functional and well-maintained, features oak-style cabinets, laminate countertops, and basic white appliances that reflect a 2010 aesthetic rather than current trends. However, all components appear to be in good working order with minimal wear and tear, and no immediate renovations are required.
Pros & Cons

Pros

Multi-Unit Income Potential: This property features four distinct units (3-bed, 2-bed, 1-bed, studio), offering diverse rental income streams and flexibility for investors or owner-users.
Extensive Renovation (2010 Rebuild): Completely rebuilt from the studs out in 2010, ensuring updated systems, modern finishes, and enhanced structural integrity, minimizing immediate maintenance concerns.
Versatile Investment Opportunity: Appeals to a broad range of buyers, including investors, owner-occupants looking to offset mortgage costs, or those seeking multi-generational living solutions.
Desirable Corner Lot: The corner lot placement enhances privacy, provides easy access, and offers increased visibility for all four units, a significant advantage for multi-family properties.
Prime Location & Rental Demand: Strategically located near schools, shops, restaurants, and major commuter routes, contributing to strong rental demand and tenant convenience.

Cons

Limited Private Outdoor Space: With four units on a 4,140 sqft lot, individual private outdoor spaces for tenants are likely minimal or non-existent, which can be a drawback.
Potential Parking Constraints: The property description does not specify dedicated off-street parking provisions for four units, potentially leading to parking challenges for tenants and guests.
Lack of Specific Unit Amenity Details: While 'modern amenities' are mentioned, the description lacks specific details on key features like in-unit laundry, air conditioning, or individual unit upgrades, which are important for tenant appeal.

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