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$ 975,000
Est. payment | /mo
7,405 Sqft Lot
$ 975,000
Est. payment | /mo
7,405 Sqft Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24-2824
Originating Board Santa Barbara Multiple Listing Service
Year Built 1908
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 7405.0
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
Others
Tax ID 123-112-002
Acceptable Financing Cash, Ctnl
Listing Terms Cash, Ctnl
Listed by Battaglia Commercial Real Esta
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