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1208 E Ventura St , Santa Paula, CA 93060
$2,950,000
Est. Payment: $14,896.63/mo
20 Bed
10 Bath
0 Sqft
Status: active | Days on site: 184
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House Description

A well-established, multi-family apartment building in an established residential neighborhood walking distance to Santa Paula's historic district. The apartment complex offers stability for an investor, ideal for investors seeking durable cash flow in a supply-constrained Ventura County market. All 10 units are desirable 2 bedroom + 1 bathroom configurations with a strong history of full occupancy. Two of the units have been upgraded and are achieving $2,200 in monthly rent providing a blueprint for an investor willing to capitalize on the upside. A community laundry room provides additional income and could be expanded by adding more machines. Each unit has a covered parking space. Low maintenance landscaping. New roof installed in 2025 with transferrable warranty. Santa Paula currently does not have any additional rent control laws beyond what the State requires. Historic downtown Santa Paula, is only a short walk from the subject property. Downtown Santa Paula boasts numerous restaurants, retail, services, museums and entertainment destinations. The property is served by excellent access to the 150 highway and 126 freeway. Many of Santa Paula's fine schools, parks and sports fields are close by. The City of Santa Paula, and Ventura County overall, continue to be in short supply of housing. The difficulty in permitting new projects throughout Ventura County and financing those developments means existing assets with remodel potential are in higher demand.
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Highlights

Listed by Jeff Becker , 805-377-1722 The Becker Group, Inc. , (805) 653-6794. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.49

County

Ventura

Listing ID

V1-34751

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:20
  • ▪ Bathrooms:10
  • ▪ Full Bathrooms:
Air Cond:N/K
Fireplaces:

Exterior Features

Zoning:Other
Principal Interest
$14,897
Taxes
$1,881

Home Price

$2,950,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$590,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$14,896.63

Principal

Taxes

Principal Taxes HOA Total
Monthly $14,896.63 $1,880.63 $0.00 $16,777.26
Yearly $178,759.61 $22,567.50 $0.00 $201,327.11
Total $5,362,788.37 $677,025.00 $0.00 $6,039,813.37

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Santa Paula, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-08-10T22:38:39.000Z

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