ActiveTriplex

220 S Palm Avenue

Santa Paula, CA, 93060

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$1,100,000

MLS: V1-36401

Beds

6

Baths

6

Sq Ft

3,608

Lot

0.15 ac

Year Built

1979

MLS #

V1-36401

Days on Market

0

Listed

May 13, 2026

Description

Upside Upside Upside!!!-For Sale Or Trade. What do you have to trade? Don't miss this money-making opportunity to start you off as a landlord or just add 3 more units to your growing portfolio. We also have two other four-plex's for sale so you can purchase 3 units, 7 units, or 11 units. These are really nice units you will be proud to own and rent or live in one. What do you have to trade???????-Wonderfully designed and built townhomes tri-plex each 1,200+/- sf in a 3,608+/- sf building plus the 6,534+/- sf lot leaving the potential ADU build out. All 3 units are 2 bedrooms & 1.5 baths, designed for a quiet relaxing lifestyle, every rental has a patio, one has a backyard the length of the property, on this large lot with room for an ADU. How many ADUs I don't know. Added income with a laundry room. Gas & electric bills go directly to the tenant's units-based on separate electric and gas meters for each unit!!!, so the tenant has to pay for them. The water is master metered with the water bill being paid by the owner. You get 2 dedicated carport spaces for each unit. Also includes individual storage for each unit. -Very nice rental income. Property sold as-is and do not talk to the tenants. Each unit gets a small storage space. Nicely maintained units.-Don't miss this great opportunity. What do you have to trade?Wonderfully designed and built townhomes tri-plex each 1,200+/- sf in a 3,608+/- sf building plus the 6,534+/- sf lot leaving the potential ADU build out. All 3 units are 2 bedrooms & 1.5 baths, designed for a quiet relaxing lifestyle, every rental has a patio, one has a backyard the length of the property, on this large lot with room for an ADU. How many ADUs I don't know. Added income with a laundry room. Gas & electric bills go directly to the tenant's units-based on separate electric and gas meters for each unit!!!, so the tenant has to pay for them. The water is master metered with the water bill being paid by the owner. You get 2 dedicated carport spaces for each unit. Also includes individual storage for each unit. Very nice rental income. Property sold as-is and do not talk to the tenants. Each unit gets a small storage space. Nicely maintained units.Don't miss this great opportunity. What do you have to trade?-

Location

Santa Paula, Ventura County, CA 93060

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Listed by: Albert Goldberg · Albert Goldberg

Payment estimate

$8,031

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $110,000 · Loan: $990,000

%
Principal & Interest
$6,173
Property tax (1.25%)
$1,146
Homeowners insurance
$300
Mortgage insurance
$413
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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 May 7, 2026

30-year fixed
6.37%
15-year fixed
5.72%

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 $38,500 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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.