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Listed by Steven Battaglia • Steven Battaglia, Broker
$975,000
Est. payment /mo
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPI25003141
Originating Board California Regional MLS
Year Built 1908
Lot Size 7,405 Sqft
Property Sub-Type Fourplex
Property Description
Four separate cottages in an established residential area of Santa Maria. Unit mix includes 3 1Bed/1Bath apartments and 1 studio, each with separate electric and gas meters. New roofs in 2023. On a good-sized lot with alley access. Over 30% upside in rents. Buyer to check with the city about potential of adding ADU at back of property. This is a solid, bread-and-butter income property as-is and offers upside potential for the prudent buyer to increase rents and upgrade the property to increase the value of this asset.
Location
State CA
County Santa Barbara
Area Smia - Santa Maria
Interior
Heating Wall Furnace
Cooling None
Laundry None
Exterior
Pool None
Building
Story Three or More Stories
Water District - Public
Others
Tax ID 123112002
Special Listing Condition Not Applicable
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033