
Santa Paula, California 93060
This 1950s Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $772,500—positioned well above the $694,578 Fair Market Value by -11%. While the property requires significant rehabilitation given its Condition Rating of 5, the 6,534 sq. ft. lot provides substantial ADU Potential for rental income. The 1,686 sq. ft. floor plan includes a Spacious Primary Suite, offering a solid foundation for value-add improvements. This asset is best suited for Fix-and-Flip Investors or Contractors capable of modernizing the interior.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 218 Warren Avenue Subject 4 bd · 2 ba · 1,686 sqft · $409 | $739,000* List Price | 4 | 2 | 1,686 | $409 | - |
A 304 Moultrie Place Sold 3 bd · 2 ba · 1,315 sqft · $513 · 0.2 mi | $675,000 | 3 | 2 | 1,315 | $513 | 0.2 mi |
B 228 N 5th Street Sold 2 bd · 1 ba · 1,248 sqft · $473 · 0.5 mi | $590,000 | 2 | 1 | 1,248 | $473 | 0.5 mi |
C 425 Morrison Lane Active 4 bd · 2 ba · 1,827 sqft · $403 · 0.9 mi | $736,000 List Price | 4 | 2 | 1,827 | $403 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 (74 years old), the home requires significant rehabilitation. While the listing mentions new countertops, the photos reveal missing flooring (exposed concrete), dated popcorn ceilings, and aged exterior sheds. The property fits the 'needs rehab' criteria due to its age and the extent of unfinished interior work.
The sizable lot offers significant potential to accommodate an Accessory Dwelling Unit (ADU), providing a valuable opportunity for rental income, a private studio, or multi-generational living.
The 1,686 sq. ft. layout features a generous primary suite and a flexible four-bedroom floor plan, offering more living space than many standard homes of this era.
New kitchen and bathroom countertops provide a fresh, clean look, allowing for immediate move-in comfort while the owner plans further personalized value-add improvements.
The property does not include a garage, which may be a disadvantage for buyers seeking covered parking or secure, enclosed storage space.
While partially updated, the 1950s home requires additional improvements and vision to fully modernize the interior and maximize its overall market value.
Four Bedroom Home with Large Primary Suite and ADU PossibilitiesSet in a stable, well established neighborhood, this 4 bedroom, w-bath hme has approx. 1,686 sq ft, with opportunities for updates to make it your own. The spacious layout features a large primary suite, generous living areas, and a cozy fireplace that anchors the main gathering space.Interior Highlights New kitchen and bath countertops that bring a fresh, clean look to key spaces. Interior laundry room for convenience. A mix of recent updates along with opportunities for additional improvements--perfect for buyers who want to add personal style and value. Comfortable secondary bedrooms and a flexible floor plan.Lot & Exterior Features A sizable lot with potential to accommodate an ADU, offering options for extended family, rental income, or a private studio. No garage, but ample space for parking solutions or outdoor enhancements. Solid neighborhood setting with long term stability and a welcoming community feel.Built in 1950, this home carries its own charm while offering a foundation ready for the next owner's vision.It's a great opportunity to enjoy immediate comfort while keeping the freedom to keep upgrading over time.
No exterior & parking available.
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.2 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,686 | 1,750.917 |
| Lot Size | 6,534 | 6,234.021 |
| Price | $739.0K | $753.8K |
| Price per sq ft | $438 | $449 |
| Built year | 1950 | 1979 |
| HOA | $0 | $282 |
| Days on market | 36 | 64 |
Oct 16, 2026
$739,000
$772,500
-4% Price Drop
Initial Listing
Sep 18, 2026
$772,500
Initial Listing
Apr 15, 1996
$155,000
Public Record