816 Glen Way, Santa Paula, CA 93060
- $1,200,000
- List Price
- $1,200,000
- Status
- ACTIVE
- MLS#
- V1-37242
- Year Built
- 1925
- Lot Size
- 5,227
- Acres
- 0.12
- Lot Location
- Sprinklers None
- Days on Market
- 31
- Property Type
- Multifamily
- Neighborhood
- Mckevett Heights - 0518
Property Description
This is the opportunity you have been waiting for! Welcome to 816 Glenway St, a rare 4-unit income property offering exceptional potential to build serious sweat equity in the heart of Santa Paula, Ventura County. This unique offering features a classic 1925-built duplex PLUS two additional separate units, complemented by two (2) 2-car garages - an incredible combination of residential income and added value that is virtually impossible to find at this price point. With four income streams under one ownership, this property is a portfolio-builder's dream. Both units are currently tenant-occupied, providing immediate cash flow from day one while you plan your value-add strategy. The bones are solid, the upside is real, and the sweat equity potential here is extraordinary - update, renovate, and force appreciation in one of Southern California's most supply-constrained rental markets. Perfectly positioned near downtown Santa Paula's dining, shops, and culture, with easy access to Hwy 126 connecting to the 101 and 5 freeways. Opportunities like this do not come around often in Ventura County - 4 units, 2 garages, and unlimited upside. Schedule your private showing today.
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Additional Information
- Pool Description
- None
- Heat
- None
- Cooling Description
- None
- View
- None
- Garage Spaces Total
- 2
- Water
- Public
- Attached Structure
- Detached
- Gross Scheduled Income
- $67,800
- Operating Expense
- 10500
Listing courtesy of Listing Agent: Christian Rodriguez Vidales (crodriguez@myvcrealestate.com) from Listing Office: eXp Realty of California Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.