$9,488 Closing Credit¹
#V1-27060, Jenny Arana, Listing Office: eXp Realty of California
#P1-20630·
Listing Office: COMPASS·
Listing Agent: Janine Morovati·
Listing Office Phone: (818) 482-1158
$10,000
closing credit¹
116 S 7th St Santa Paula, CA 93060
$1,850,000 List price
$10,000
Closing credit¹
0.4 acres
Condo
Property details
About 116 S 7th St
Excellent opportunity to purchase a nine (9) unit investment property with a significant upside in rental income. 116 S 7th St is a unique mix of 9 units consisting of 5 units in one building, three units as a triplex, and one detached unit. This property is located in the desirable downtown Santa Paula area across the street from the historic theatre. It provides a tremendous opportunity for an investor to acquire pride in ownership of an asset that has upside potential in increasing rents with the potential of adding ADUs to the property. A great opportunity to boost future rental revenue and income stream, raising the overall value of the investment. Buyer to verify with the city for associated ADU requirements. The property consists of one studio, seven (7) 1 bed/1 bath, and one (1) 3 bath/1 bath. Most tenants are on a month-to-month basis, and units are separately metered for gas and electricity. The property is within a short distance to public transportation, in addition to nearby retail shops and businesses.
Highlights
Home typeCondominium
StatusActive
Lot size0.36 Acres
Year built1910
MLS #P1-20630
Summary
- MLS Number: P1-20630
- MLS Name: CRMLS
- Office Name: COMPASS
- Office Phone: (818) 482-1158
- Listing Agent: Janine Morovati
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 10:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,850,000
116 S 7th St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 01, 2016 | Home Sold | $1,200,000 |
| Aug 04, 2010 | Home Sold | $685,000 |
| Feb 09, 2004 | Home Sold | $500,000 |
| Oct 24, 2003 | Home Sold | $473,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,392,698 | $15,888 |
| 2023 | $1,365,391 | $15,432 |
| 2022 | $1,338,619 | $15,432 |
| 2021 | $1,312,372 | $15,387 |
| 2020 | $1,298,917 | $15,316 |
| 2019 | $1,273,449 | $14,291 |
| 2018 | $1,248,480 | $14,459 |
| 2017 | $1,224,000 | $14,459 |
History based on county public records data.
Nearby schools
5
McKevett Elementary School
Public District KG-5
0.5 mi
•955 E Pleasant St
6
Grace Thille Elementary School
Public District KG-5
0.6 mi
•1144 E Ventura St
3
Barbara Webster Elementary School
Public District KG-5
0.7 mi
•1150 Saticoy St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,250. Residents of Santa Paula, CA typically earn less than $<35k each year. The majority of families are married, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
60%
<35k
34%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
28%
Single, No Kids
24%
Single, with Kids
14%
Married, No Kids
34%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
9%
12-17 yrs old
32%
18-34 yrs old
30%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Basketball
Figure Skating
Where do the neighbors shop?
Burlington
Ross Dress For Less
Chico's
Where do the neighbors go to eat?
Popeyes
Jasons Deli
Bob Evans
What do the neighbors drive?
Dodge
Acura
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 116 S 7th St
This home is located at 116 S 7th St in Santa Paula, CA and zip code 93060. Features: 0 bathroom. It has been listed on Rocket Homes since January 28, 2025 and is currently priced at $1,850,000.
Santa Paula, CA housing market in January 2025 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 7 sold below. The number of homes for sale in Santa Paula, CA increased by 16.3% between December and January 2025. In January 2025 median list price was $725,000 and the average listing age was 70 days.
From Rocket Homes Real Estate and based on county public records data.