Home | Ventura County | Santa Paula | 93060 | 321 Walnut St
MLS: CRV1-36040 | Status: Active | Price: $899,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 6,098 | 1900 |
Income Producing Multi Unit Property in Santa Paula's Historic DistrictA rare opportunity to acquire a three-unit residential investment in one of Santa Paula's most stable and historically desirable neighborhoods. This property offers diversified rental income, strong tenant demand, and multiple paths for value creation.Investment Highlights Three total units across two structures Front house: 3 bedrooms, 1 bath -- ideal for a higher anchor rent or owner occupancy Rear duplex: Two 1 bed/1 bath units -- consistently in demand among singles, couples, and local workforce renters On site parking for first-come, first-served -- a premium amenity in the historic district Low vacancy location with long term tenant stability Multiple income streams on one parcel, reducing risk exposureOperational Advantages Separate structures create privacy, reducing tenant friction and turnover Straightforward layouts that are easy to maintain Strong rental comps in the area for both 1 bed and 3 bed units Potential to increase rents, modernize interiors, or reposition the front house for premium returnsMarket & Location Strength Situated in Santa Paula's historic district, known for charm, walkability, and steady rental demand Close to downtown amenities, employment centers, schools, and transit Area
| Field | Value |
|---|---|
| MLS # | CRV1-36040 |
| MLS Source | California Regional MLS |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Appliances | Other, Oven Range - Gas |
| Cooling | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Raised, Slab |
| Pool | None |
| Style | Cottage |
| Feature | Details |
|---|---|
| Garage/Parking | Other, Garage: 0 Car(s) |
| HOA Fee | $0 |
Kay Wilson-Bolton
eXp Realty of California Inc
License #: 00577863
Phone: (805) 340-5025
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Santa Paula High | public | 9-12 | 0.21 mi | 5 |
| McKevett Elementary | public | K-5 | 0.27 mi | 6 |
| Santa Paula Adult Education | public | UG | 0.41 mi | N/A |
| Renaissance High | public | 9-12 | 0.41 mi | 1 |
| Isbell Middle | public | 6-8 | 0.51 mi | 4 |
| Barbara Webster Elementary | public | K-5 | 0.53 mi | 3 |
| Grace S. Thille Elementary | public | K-5 | 0.65 mi | 4 |
| Glen City Elementary | public | K-5 | 0.99 mi | 3 |
| Thelma B. Bedell Elementary | public | K-5 | 1.25 mi | 3 |
| Blanchard Elementary | public | K-5 | 1.50 mi | 5 |
| Mupu Elementary School | public | K-8 | 2.08 mi | 6 |
| Briggs Elementary School | public | 5-8 | 2.93 mi | 4 |
| Santa Clara Elementary School | public | K-6 | 4.05 mi | 10 |
| Olivelands Elementary School | public | K-4 | 4.69 mi | 8 |
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This listing information is up-to-date as of April 28, 2026. For the most current information, please contact Kay Wilson-Bolton, (805) 340-5025.