321 Walnut St, Santa Paula, CA 93060
FOR SALE
Listed by Kay Wilson-Bolton, eXp Realty of California Inc, (805) 340-5025

321 Walnut St
Santa Paula, CA 93060

  • 4 Beds
  • 2 Baths
  • 2,281 sqft

$899,000

Est. Mortgage $5,394/mo*

$899,000

Est. Mortgage $5,394/mo*
4 Beds
2 Baths
2,281 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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 Highlights

Parking
2 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$394
Listed
33 days ago

Home Details for 321 Walnut St

Interior Features

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 ViewView: None
Security
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior Features

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

Days on Market

Cumulative Days on Market: 3Days on Market: 33

Property Information

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

Price & Status

Price
List Price: $899,000Price Per Sqft: $394
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: Santa PaulaCommunity: Historic District - 0516

Agent Information

Listing Agent
Listing ID: V1-36040

Building

Building Area
Building Area: 2281 Square Feet

Community

Community Features: SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS (Ventura & Pasadena-Foothills AORs)HOA Fee: No HOA Fee

Lot Information

Lot Area: 6098 sqft

Listing Info

Special Conditions: Trust

Offer

Listing Terms: Conventional, FHA

Business

Expense
Tenant Pays: Electricity, Gas

Rental Terms, Policies & Fees

No Rent Control

Miscellaneous

Mls Number: V1-36040Living Area Range Units: Square FeetUniversal Property Id: US-06111-N-1000165105-R-N

Additional Information

SidewalksSource Internet Entire Listing Display
Last check for updates: about 7 hours ago
Listing Provided by: Kay Wilson-Bolton DRE #00577863, (805) 340-5025
eXp Realty of California Inc
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Source: CRMLS, MLS#V1-36040
Also Listed on CRMLS, eXp Realty.

Price History for 321 Walnut St

DatePriceEventSource
04/28/2026$899,000Listed For SaleCRMLS #V1-36040
10/15/2025$990,000ListingRemovedSDMLS #V1-29238
06/25/2025$1,080,000Listed For SaleSDMLS #V1-29238

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Property Tax and Assessment

Year2025
Tax$2,680
Assessment$229,107
Home facts updated by county records

Comparable Sales for 321 Walnut St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.62
Multi-Family Home
$1,030,000
06/06/25
8
4
3,891
0.57
Multi-Family Home
$835,000
10/21/25
5
3
-
0.33
Multi-Family Home
$560,000
09/24/25
2
1
-
0.71
Multi-Family Home
$860,000
11/10/25
5
3
-
7.33
Multi-Family Home
$1,480,000
10/15/25
7
6
3,023

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 321 Walnut St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • Nvw6dvc6xg
    "Here in this community, we have cruise night , which consists of old school classic cars , live music & vendors ! "
  • Trulia User
    "Amazing hood. I Recommend this hood. Best hood I lived in. Amazing food around the hood. Love this hood!"
  • Leticiawright
    "Im not sure about public transportation. Its congested during peak hours. 7:00am to 8:30am 2:30-3:30 5:00 to 6:30. Other than that its pretty peacefull soecially up in the hills where we live. "
  • Crouch.blc
    "Obregon Park GREAT for dog owners. Spacious with bags and great neighbors. Nice and quiet. 100 characters."
  • Lnes198177
    "That we know each other de are confident Well some of us are we know each other and we feel confterble a lot with some of the people in oír neighborhood so yeah "
  • Cody C.
    "Lunch and tea with the new neighbors. Coaching youth baseball. Working on local green initiatives such as turning green waste into sustainable Biogas. "
  • LoveCenter
    "This neighborhood feels so exquisite, nourishing, and safe - - you feel that Nature herself is holding you in her embrace."
  • Rita S.
    "Neighbors knowing one another and watching over without becoming oddly about it. Outings and walks are a for sure help and asset to our town . Getting to know one another on name basis is a must"
  • David
    "I’ve lived here my entitle life. People know each other in and out as if we had all grown up together. Neighbors are nice, business stays in town and for the most part, it’s quiet and nice."
  • DJL
    "All areas have their goods and bass. Some more than others but, I could say it’s safe and quiet for the most part. "
  • Patsy L.
    "everithing its ok... neighbors are friendly and its paeceful to walk.. its very calm during tje nights... easy to get at schools..."
  • Silvia G.
    "it isn't. people here are very uptight and call the cops on people for no reason. I love being inside my home but being outside is difficult when or of my kids play outside the neighbor's complain."
  • Rosehill85
    "everyone is friendly & keep out for each other homes/family... small community, we all know each other"
  • Garcia1929 s.
    "people complain too much about dogs whether they bark or not their are way too many bitter people around my neighborhood."
  • Rosehill85
    "everyone knows everyone.. we watch out for each other's homes, small town with friendly faces. low violence & low crime area"
  • Marisa_3gems
    "Neighbors are friendly and look out for each other. There’s stores and schools nearby................"
  • Truebluecutty
    "The only people that look for the drama find it and that’s in every town I lived here for over 10 years and never had any issues "

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 2026-02-09 09:51:42 PST 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
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.