Listed by Kay Wilson-Bolton, eXp Realty of California Inc, (805) 340-5025
$899,000
4 Beds
2 Baths
2,281 sqft
321 Walnut St, Santa Paula, CA 93060
Est. Mortgage $5,536/mo*
Get Pre-QualifiedHome Highlights
Property Type
Multi-Family
Year Built
1900
Price/Sqft
$394
Parking
2 Parking Spaces
HOA
None
Local Information
- Map ViewExplore the area around 321 Walnut St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Income Producing Multi Unit Property in Santa Paula's Historic DistrictA rare opportunity to acquire a three-unit residential investment in one of Santa Paula's most stable and historically desirable neighborhoods. This property offers diversified rental income, strong tenant demand, and multiple paths for value creation.Investment Highlights Three total units across two structures Front house: 3 bedrooms, 1 bath -- ideal for a higher anchor rent or owner occupancy Rear duplex: Two 1 bed/1 bath units -- consistently in demand among singles, couples, and local workforce renters On site parking for first-come, first-served -- a premium amenity in the historic district Low vacancy location with long term tenant stability Multiple income streams on one parcel, reducing risk exposureOperational Advantages Separate structures create privacy, reducing tenant friction and turnover Straightforward layouts that are easy to maintain Strong rental comps in the area for both 1 bed and 3 bed units Potential to increase rents, modernize interiors, or reposition the front house for premium returnsMarket & Location Strength Situated in Santa Paula's historic district, known for charm, walkability, and steady rental demand Close to downtown amenities, employment centers, schools, and transit Area continues to see rising interest from investors seeking stable, supply constrained marketsUpside Potential Value add opportunities through cosmetic upgrades Potential for improved operating efficiency and stronger year over year cash flow
Home Details for 321 Walnut St
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2 |
Appliances & Utilities Utilities: Cable Available, Electricity Connected, Natural Gas ConnectedAppliances: Gas RangeLaundry: Outside |
Heating & Cooling Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace |
Fireplace & Spa Fireplace: NoneSpa: NoneNo FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: Tile, VinylCommon Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Floors: Tile, Vinyl |
View No View |
Security Security: Carbon Monoxide Detector(s), Smoke Detector(s) |
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Exterior Home Features Roof: CompositionFencing: Chain LinkFoundation: Raised, SlabNo Private Pool |
Parking & Garage No GarageNo Attached GarageParking Spaces: 2Parking: Driveway |
Pool Pool: None |
Frontage Road Frontage: City StreetNot on Waterfront |
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Cumulative Days on Market: 54Days on Market: 129 |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Cottage |
Building Construction Materials: StuccoNot a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Condition: Fixer, Repairs CosmeticNot Included in Sale: All of tenants belongingsIncluded in Sale: NoneParcel Number: 1000165105 |
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Price List Price: $899,000Price Per Sqft: $394 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: Santa PaulaCommunity: Historic District - 0516 |
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Listing Agent Listing ID: V1-36040 |
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Building Area Building Area: 2281 Square Feet |
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Community Features: SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS (Ventura & Pasadena-Foothills AORs)HOA Fee: No HOA Fee |
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Lot Area: 6098 sqft |
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Special Conditions: Trust |
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Listing Terms: Conventional, FHA |
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Expense Tenant Pays: Electricity, Gas |
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No Rent Control |
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Mls Number: V1-36040Living Area Range Units: Square FeetUniversal Property Id: US-06111-N-1000165105-R-N |
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SidewalksSource Internet Entire Listing Display |
Around this home
What Locals Say about Santa Paula
At least 131 Trulia users voted on each feature.
83 % Say there are sidewalks
82 % Say yards are well-kept
80 % Say it's dog friendly
74 % Say car is needed
67 % Say there's holiday spirit
63 % Say it's walkable to grocery stores
63 % Say kids play outside
62 % Say parking is easy
57 % Say it's walkable to restaurants
55 % Say neighbors are friendly
53 % Say they plan to stay for at least 5 years
53 % Say people would walk alone at night
52 % Say streets are well-lit
51 % Say it's quiet
29 % Say there's wildlife
29 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Santa Paula
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
61
4MoM
Home Value
Trulia Estimate
$876KSince last month
Decreased$7K (-0.8%)Since last year
Decreased$183K (-17.8%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +96% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $850K |
| August 2026 | $850K |
| July 2026 | $856K |
| June 2026 | $858K |
| May 2026 | $870K |
| April 2026 | $895K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.21 | Multi-Family Home | $1,195,000 | 06/05/26 | 7 | 6 | 3,767 | |
0.67 | Multi-Family Home | $1,025,000 | 06/30/26 | 8 | 4 | 3,395 | |
0.12 | Multi-Family Home | $1,310,000 | 07/20/26 | 9 | 6 | - | |
0.57 | Multi-Family Home | $835,000 | 10/21/25 | 5 | 3 | - | |
0.33 | Multi-Family Home | $560,000 | 09/24/25 | 2 | 1 | - | |
0.37 | Multi-Family Home | $705,000 | 06/30/26 | 6 | 5 | - | |
0.45 | Multi-Family Home | $1,650,000 | 07/16/26 | 14 | 9 | 6,587 | |
0.71 | Multi-Family Home | $860,000 | 11/10/25 | 5 | 3 | - | |
1.07 | Multi-Family Home | $1,262,500 | 08/13/26 | 8 | 8 | 4,386 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $579,600 | 3 | 1 | 910 | Off Market | |
0.09 | $1,166,100 | 5 | 4 | 3,340 | Off Market | |
0.13 | $889,800 | 4 | 2 | 1,450 | Off Market | |
0.12 | $1,310,000 | 9 | 6 | - | Recently Sold | |
0.17 | $885,000 | 4 | 2 | 2,068 | Recently Sold | |
0.10 | $855,000 | 4 | 2 | 1,704 | Off Market | |
0.10 | $615,000 | 2 | 1 | 994 | Recently Sold | |
0.10 | $579,000 | 2 | 1 | 560 | Recently Sold | |
0.11 | $767,400 | 3 | 1 | 1,080 | Off Market | |
0.11 | $575,000 | 2 | 2 | 807 | Recently Sold | |
0.12 | $1,200,000 | 3 | 4 | 1,100 | For Sale |
Price and Tax history
| Date | Event | Price |
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Apr 28, 2026 Source: CRMLS #V1-36040 | Listed For Sale | $899,000 |
Oct 15, 2025 Source: SDMLS #V1-29238 | ListingRemoved | $990,000 |
Jun 25, 2025 Source: SDMLS #V1-29238 | Listed For Sale | $1,080,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $603,637 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kay Wilson-Bolton, eXp Realty of California Inc
Agent Phone: (805) 340-5025
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-02 12:59:00 PDT 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. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-02 12:59:00 PDT 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. Properties may or may not be listed by the office/agent presenting the information
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Frequently asked questions about 321 Walnut St
- What is the estimated monthly payment for 321 Walnut St?Based on a $899,000 list price with 20% down at today's rates, the estimated monthly payment for 321 Walnut St in Santa Paula, CA is approximately $5,650 (about $4,736 principal & interest, $839 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Santa Paula?Residents describe Santa Paula, CA as pedestrian-friendly, well-kept, and dog-friendly. See homes for sale in Santa Paula, CA.
- What are the closest schools to 321 Walnut St?The closest schools to 321 Walnut St in Santa Paula, CA are Isbell Middle (rated 4/10), McKevett Elementary (rated 6/10), Santa Paula High (rated 5/10).
- What is 321 Walnut St estimated to be worth?Trulia's estimated value for 321 Walnut St in Santa Paula, CA is $875,900.
- Does 321 Walnut St have laundry facilities?Yes, 321 Walnut St in Santa Paula, CA has laundry facilities.
- Does 321 Walnut St have parking?Yes, 321 Walnut St in Santa Paula, CA has on-site parking.
321 Walnut St, Santa Paula, CA 93060 is a 4 bedroom, 2 bathroom, 2,281 sqft multi-family built in 1900. This property is currently available for sale and was listed by CRMLS on Apr 28, 2026. The MLS # for this home is MLS# V1-36040.