A great investment opportunity in Santa Paula, this property features two well-maintained residences. Rent out both or live in one and collect rent from the other. Original hardwood floors and Spanish arches bring classic character to the property.The front residence at 501 East Santa Barbara Street is tenant-occupied at $2,750 per month. The fully renovated rear residence at 207 North 5th Street features two bedrooms and one bathroom and is vacant and ready for its next occupant. The rear home previously rented for $2,500 per month. At that rental rate, combined gross rent would be approximately $5,250 per month before expenses and vacancy.Additional outdoor space offers potential for RV parking or an accessory dwelling unit (ADU). Gas and water meters from a former store reportedly remain on the property. Buyer to verify meter status and the feasibility of RV parking or any additional residential use with the City and applicable utility providers.

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