- 4 beds
- 2 baths
- 1,312 sqft
- 5,662 sqft lot
- $532 per sqft
- 1890 build
- – on site
Welcome to 435 & 435½ S. Palm Ave, a rare and valuable investment opportunity located in the heart of Santa Paula. This unique property features two detached single-family homes on one lot, each offering 2 bedrooms and 1 bathroom, with a combined total of approximately 1,312 square feet of living space. Set on a generous 6,000 sq ft lot, this versatile property is ideal for investors looking to generate immediate income or for homeowners seeking a multi-generational living setup with future development potential. Each unit is separately metered, and tenants pay all utilities, providing a low-maintenance and cost-efficient investment. Both homes enjoy off-street parking, and although there are no garages, the layout offers convenience and privacy for each household. The property is currently occupied by reliable, long-term tenants, ensuring steady cash flow from day one. What truly sets this property apart is its development potential. With ample lot space and favorable zoning, there's an excellent opportunity to add on to the existing structures or build an Accessory Dwelling Unit (ADU) to further increase rental income or accommodate extended family. Whether you're a seasoned investor looking to expand your portfolio or a savvy buyer exploring multi-unit living with added upsid
Last checked:
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Last updated Jul 9, 2025
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MLS# CRSR25134471 —
This home is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1890
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Building Area Units:Square Feet
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Stories:1
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Levels:One Story
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Security Features:Carbon Monoxide Detector(s)
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Accessibility Features:Other
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Building Area Total:1312
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Building Area Source:Assessor Agent-Fill
Interior
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Interior Features:Family Room
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Flooring:Tile
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area:1312
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Living Area Units:Square Feet
Location
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Directions:Take CA-126?W, exit 10th St/Palm Ave, then turn on
The Property
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Property Type:Residential
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Property Subtype:Duet
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Exterior Features:Back Yard
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Parcel Number:1040061395
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Zoning:M-1K
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Lot Features:Level
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Lot Size Area:0.13
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Lot Size Acres:0.13
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Lot Size SqFt:5662
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Lot Size Units:Acres
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View:Other
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View:true
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Fencing:Wood
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:5.00
Beds
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Bedrooms Total:4
Baths
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Total Baths:2
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Full Baths:2
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Bath Includes:Shower Over Tub
The Listing
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Listing Terms:Cash
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Ceiling Fan(s)
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Cooling:true
Utilities
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Utilities:Natural Gas Connected
Appliances
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Laundry Features:Inside
Schools
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High School District:Santa Paula Union High
The Community
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Association:false
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# of Units In Community:1
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Pool Private:false
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Pool Features:None
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:4
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Parking Features:Other
Monthly cost estimate

Asking price
$699,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,742
|
Taxes | N/A |
Insurance | $192 |
Utilities | $139 See report |
Total | $4,073/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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6/25/25
Jun 25, 2025
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Listed / Active | BRIDGE | $699,000 |