180 E Pleasant Street, Santa Paula, California 93060, Santa Paula, 93060 - 0 bed, 0 bath
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Santa Paula, California 93060
Analysis of 180 E Pleasant Street, Santa Paula, California 93060 is currently available with a list price of $2,200,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Santa Paula Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1970, the property is well-maintained but shows clear signs of age. While the living areas and bedrooms have been updated with modern laminate flooring and fresh paint, the kitchen and bathrooms remain dated with older laminate countertops, vintage cabinetry, and original-style bathroom fixtures. The presence of popcorn ceilings and the noted requirement for balcony repairs to meet SB 721 compliance indicate a property that is functional but requires cosmetic modernization to reach current market standards.
The property consists entirely of 2-bedroom units, a highly desirable floor plan that typically commands strong occupancy rates and appeals to a broad tenant base in Ventura County.
Current rents are positioned below market levels, providing a clear opportunity for investors to increase yield through cosmetic upgrades and strategic repositioning.
The inclusion of a single-story 2BR owner's unit with an attached garage offers a rare opportunity for an owner-occupant or the ability to lease it as a premium residence.
Balcony inspections have been completed and require repairs to ensure SB 721 compliance, representing an immediate post-acquisition cost for the buyer.
Built in 1970, the asset may require ongoing maintenance or modernization of major systems and common areas to compete with newer multi-family inventory.
The listing price was recently adjusted upward by $100,000, which may impact initial cap rate projections and investor interest in a price-sensitive market.
This is a solid 7‑unit, multi-family asset positioned in an established residential adjacent to Santa Paula's historic district. This corner‑lot property offers a balanced mix of stability, ideal for investors seeking durable cash flow in a supply‑constrained Ventura County market.Units are all electric - no gas to the property.**Unit Mix & Income Profile****1 Owner's Unit: Single‑story **2BR residence with attached garage**--well‑suited for owner‑occupancy or conversion to a premium rent unit.**6 Rental Units: All **2BR/1BA**, a consistently high‑demand floor plan that supports strong occupancy and low turnover. Each unit includes a covered carport, enhancing rentability and tenant retention.Balcony inspections completed, and repair bids will be available, ensuring compliance with SB 721. **Community laundry room** provides additional income potential. **Corner lot** improves visibility, access, and long‑term redevelopment flexibility. **Long‑term ownership and continuous professional management indicate stable historical operations and slightly below‑market rents to create stable occupancy, Owner is simply liquidating this asset. **Investment Highlights****Desirable 2BR unit mix** supports strong rent growth and broad tenant appeal. **Low maintenance configuration** with simple, repeatable floor plans. **High‑demand location** near Santa Paula's historic district, employment centers, and schools. **Potential for rent repositioning** through cosmetic upgrades or modernization of common areas. **Owner's unit premium** offers optionality: occupy, lease at market, or convert to a higher‑yield configuration.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1970 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 4, 2026
$2,200,000
$2,595,000
-15% Price Drop
Initial Listing
Feb 10, 2026
$2,595,000
$2,495,000
+4% Price Increase
Initial Listing
Feb 8, 2026
$2,495,000
Initial Listing