$10,000

closing credit¹

228 4th St Santa Paula, CA 93060

$1,100,000
4 beds
4 full
1,924 sqft
0.2 acres
$572 / sqft
House

Property details

About 228 4th St

Exceptional Fourplex with ADU Potential - Prime Investment Opportunity!This income-generating fourplex presents a rare chance for both seasoned and first-time investors to expand their portfolio. Featuring two duplexes, the property includes:Two 1-bedroom, 1-bath units and two studio units. Units 228(1/2) and 230(1/2): Situated above four one-car garages, adding tenant convenience and potential additional rrevenue.Pro-Forma Annual Gross Rents projected at $76,800, highlighting room for growth based on current rents from two of the four units.Key Features: Individual electrical and gas meters for each tenant simplifies management and billing. Potentially add two Accessory Dwelling Units (ADUs), significantly increasing rental income. Month-to-Month Leases offer flexibility for future rental adjustments to maximize returns.Strong Cash Flow: This property is designed to generate reliable income with upside potential.Prime Location:Conveniently located near the Santa Paula Airport, local restaurants, and with easy access to the 126 Freeway, this property offers a sought-after location for tenants while ensuring long-term rental demand.BONUS Opportunity! Seller is also offering for sale: (608 E Main St, Santa Paula) and (220 S Palm Ave, Santa Paula). Don't miss this rare chance to acquire three income-generating properties.Don't miss your chance to invest in Santa Paula's thriving rental market.

Highlights

Home typeOther
StatusActive
Size1,924 sqft
Lot size0.16 Acres
Year built1927
ParkingAssigned, Door-Single, Garage
MLS #224005007
Garage4 spaces

Summary

  • MLS Number: 224005007
  • MLS Name: CRMLS
  • Office Name: EXP Realty of California Inc
  • Office Phone: (888) 584-9427
  • Office Email: ca.broker@exprealty.net
  • Listing Agent: Ricardo Salazar

IDX 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: 2/9/2025, 9:20:51 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

bungalow-style home with a yard

$1,100,000

228 4th St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

5

Glen City Elementary School

Public District KG-5

0.6 mi

141 S Steckel Dr

6

Grace Thille Elementary School

Public District KG-5

0.7 mi

1144 E Ventura St

5

McKevett Elementary School

Public District KG-5

0.8 mi

955 E Pleasant St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $26,250. Typical income of Santa Paula, CA residents is less than $<35k annually. Residents typically live in married, with kids family. Most residents in this area 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 BoxingPro Boxing
  • BasketballBasketball
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less
  • Chico'sChico's

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Jasons DeliJasons Deli
  • Bob EvansBob Evans

What do the neighbors drive?

  • DodgeDodge
  • AcuraAcura
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 228 4th St

This home is located at 228 4th St in Santa Paula, CA and zip code 93060. This 1,924 square foot home, which was built in 1927, sits on a 0.16 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $1,100,000.

In January 2025 more than 1 listings in Santa Paula, CA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 7 were sold below. The number of homes for sale in Santa Paula, CA increased by 16.3% between December and January 2025. The median list price of listings available in January 2025 was $725,000, while the average time on the real estate market was 70 days.

From Rocket Homes Real Estate and based on county public records data.

More resources