414 N Palm Avenue, Santa Paula, California 93060, Santa Paula, 93060 - 3 bed, 2 bath
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414 N Palm Avenue
Santa Paula, California 93060
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,403Sq Ft
0Lot Size
Property Price
LIST PRICE$485,000
EST. MARKET VALUE
$499,900
SUMMARY
This property represents a Strong Value Opportunity, listed at $499,900—positioned well below the $544,182 Fair Market Value by 8%. This valuation gap offers $44,282 in Instant Equity for the buyer. With a Condition Rating of 4, the home is functional but invites cosmetic modernization to maximize long-term appreciation. Featuring Mountain Views and proximity to Santa Paula High School, it balances lifestyle appeal with financial upside. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add property.
Estimated Market Value
$499,900
Based on Realkey algorithm analyzing recent comparable sales in Santa Paula.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 414 N Palm Avenue Subject 3 bd · 2 ba · 1,403 sqft · $356 | $485,000* List Price | 3 | 2 | 1,403 | $356 | - |
A 172 S Steckel Drive 36 Active 2 bd · 1 ba · 874 sqft · $412 · 0.7 mi | $360,000 List Price | 2 | 1 | 874 | $412 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1973, this 51-year-old property is dated but appears functional. While the living area features updated laminate flooring, the presence of popcorn ceilings, older sliding doors, and worn carpeting indicates a need for cosmetic updates. The listing description mentions 'plenty of potential,' which typically signals that the kitchen and bathrooms are original or aged and require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the heart of Santa Paula, the property is exceptionally close to Santa Paula High School and local amenities, making it highly convenient for families.
- Functional Living Space
With 1,403 square feet, a dedicated first-level laundry room, and a private backyard, the home offers a practical layout and outdoor space rarely found in similar condominiums.
- Scenic Mountain Views
The property features desirable mountain views, providing a picturesque backdrop that enhances the overall living experience and aesthetic appeal.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $455 is a significant recurring cost that may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Dated Infrastructure
Built in 1973 and noted for its 'potential,' the property likely requires cosmetic updates or modernizing to meet current market standards and buyer expectations.
About 414 N Palm Avenue
Welcome home to this charming 3-bedroom, 1.5-bathroom property in the heart of Santa Paula! This home offers a great opportunity for first-time buyers, families, or anyone looking for a comfortable place to call home.Featuring three bedrooms, one and a half bathrooms, and a convenient laundry room located on the first level, this home offers a functional layout with plenty of potential. Step outside and enjoy the nice-sized backyard, offering space for outdoor entertaining, family gatherings or simply relaxing and enjoying the outdoors.Conveniently located near local schools, shopping, restaurants, parks, and everything Santa Paula has to offer, this home is a great opportunity to make your homeownership dreams a reality.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $455.0 / Month
Neighborhood Insights
Santa Paula Unified Schools
Santa Paula High School
Grades 9-12 • 0.2 mi
0/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 2.0 | 3.2 |
| Square foot | 1,403 | 1,937.538 |
| Lot Size | - | 5,662.346 |
| Price | $485.0K | $702.8K |
| Price per sq ft | $346 | $362 |
| Built year | 1973 | 2025 |
| HOA | $455.0 | $315 |
| Days on market | 44 | 86 |
Pricing History
Listed for Sale
Oct 21, 2026
$485,000
$499,900
-3% Price Drop
Initial Listing
Price Change
Sep 10, 2026
$499,900
Initial Listing
Sold
Jul 1, 2014
$210,000
Public Record
Sold
Mar 30, 2010
$175,000
Public Record
Sold
Apr 18, 1997
$95,000
Public Record