180 E Pleasant Street, Santa Paula, California 93060, Santa Paula, 93060 - bed, bath

180 E Pleasant Street, Santa Paula, California 93060 home-pic-0

180 E Pleasant Street

Santa Paula, California 93060

ACTIVE
CONDITION: FAIR
0Beds
0Baths
6,587Sq Ft
14,374Lot Size

Property Price

LIST PRICE$2,200,000

SUMMARY

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.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

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.

PROSSTRENGTHS & OPPORTUNITIES

  • Uniform High-Demand Unit Mix

    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.

  • Value-Add Potential

    Current rents are positioned below market levels, providing a clear opportunity for investors to increase yield through cosmetic upgrades and strategic repositioning.

  • Owner-User Flexibility

    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.

CONSRISKS & DEFICIENCIES

  • Immediate Capital Expenditure

    Balcony inspections have been completed and require repairs to ensure SB 721 compliance, representing an immediate post-acquisition cost for the buyer.

  • Dated Construction

    Built in 1970, the asset may require ongoing maintenance or modernization of major systems and common areas to compete with newer multi-family inventory.

  • Recent Price Increase

    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.

About 180 E Pleasant Street

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.

Property Details

Public Facts

Property Type
Mixed Use
Year Built
1970
Lot Size
14,374 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

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Built year1970-
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Pricing History

Listed for Sale

Mar 4, 2026

$2,200,000

$2,595,000

-15% Price Drop

Initial Listing

Price Change

Feb 10, 2026

$2,595,000

$2,495,000

+4% Price Increase

Initial Listing

Price Change

Feb 8, 2026

$2,495,000

Initial Listing

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