228 N 5th Street
Santa Paula, CA, 93060
$659,000
MLS: V1-37165
Beds
2
Baths
1
Sq Ft
1,248
Lot
0.17 ac
Year Built
1920
MLS #
V1-37165
Days on Market
41
Listed
Jun 23, 2026
Description
Investor Opportunity with Endless Potential! Lovingly cared for 2 bedroom with bonus room possible 3rd bedroom full of character. This property offers great bones and a spacious floor plan ready for your personal touch. The oversized kitchen provides abundant cabinet and counter space with plenty of room for dining and gathering. Situated on a large lot with R2 zoning, this property offers exciting possibilities for expansion, additional units (buyer to verify), or creating the outdoor space of your dreams. A long driveway provides ample parking with possible RV access. Additional features include a detached garage with an attached storage room, an updated electrical panel, and exterior siding improvements completed in approx. 2015. With its generous lot, versatile zoning, and well-maintained condition, this is a rare opportunity for investors, builders, or buyers looking to add value and make it their own.
Location
Santa Paula, Ventura County, CA 93060
Open on Google Maps ↗Listed by: Ana Gil · Century 21 Masters
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
$5,049
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $65,900 · Loan: $593,100
Average 30-yr fixed rate 6.67% as of Aug 13, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,815
- Property tax (1.25%)
- $686
- Homeowners insurance
- $300
- Mortgage insurance
- $247
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 Aug 13, 2026
- 30-year fixed
- 6.67%
- 15-year fixed
- 5.96%
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 $23,065 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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