1006 E Ventura Street
Santa Paula, CA, 93060
$1,150,000
MLS: V1-38865
Beds
—
Baths
0
Sq Ft
3,261
Lot
0.19 ac
Year Built
1910
MLS #
V1-38865
Days on Market
26
Listed
Sep 23, 2026
Description
Professional Photos coming soon. A Rare Opportunity to Own Income-Producing Real Estate in the Heart of Santa Paula. Discover the opportunity to own a versatile three-unit property that brings together immediate rental income, functional living spaces, and meaningful long-term potential in one of Ventura County's increasingly desirable rental markets. Positioned in Santa Paula, this fully occupied triplex offers investors the unique ability to combine current cash flow with long-term appreciation potential, while providing three distinct residences designed around the needs of today's renters. The front residence welcomes you with an inviting three-bedroom, two-bathroom floor plan, abundant natural light, and an effortless sense of comfort, creating a warm gathering space enhanced by a ceiling fan and generous space. The kitchen offers tile flooring, a freestanding range and refrigerator, and a dedicated dining area that makes everyday living both practical and inviting. Each residence also enjoys its own dedicated patio area, creating valuable private outdoor space for relaxing, entertaining, or enjoying Santa Paula's mild climate. Select outdoor areas feature mature fruit trees, adding charm and a sense of established residential character. Behind the front residence are two additional two-bedroom, one-and-a-half-bath units, each offering a comfortable and functional layout. Spacious living areas feature tile flooring and ceiling fans, while the kitchens open naturally to dining spaces, creating practical environments for everyday living. Each kitchen includes a freestanding range and refrigerator, with built-in microwaves adding convenience. The bedrooms feature wall-to-wall carpeting and ceiling fans for year-round comfort. Together, the three residences create a compelling multi-family asset with multiple income streams, diversified tenant exposure, and flexible ownership potential. And then there is the location. Santa Paula offers a distinctive blend of small-town character, historic charm, accessible housing, and proximity to the broader Ventura County employment and lifestyle corridor. Residents enjoy convenient access to shopping, dining, schools, parks, and commuter routes, while the community's growing downtown continues to attract interest from residents seeking an alternative to higher-priced coastal markets. Three residences. Multiple income streams. One strategically positioned asset. Proforma Cap Rate 6.25%
Location
Santa Paula, Ventura County, CA 93060
Open on Google Maps ↗Listed by: Austin Reimers · Boundless Realty Inc
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$9,095
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $115,000 · Loan: $1,035,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,166
- Property tax (1.25%)
- $1,198
- Homeowners insurance
- $300
- Mortgage insurance
- $431
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Santa Paula home with as little as 3.5% down using an FHA loan — roughly $40,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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