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Listed by Steven Battaglia • Steven Battaglia, Broker
$ 975,000
Est. payment | /mo
1,680 SqFt
$ 975,000
Est. payment | /mo
1,680 SqFt
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $580
MLS Listing ID CRPI25003141
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1908
Lot Size 7,405 Sqft
Property Sub-Type OTHER
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
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Tile, Vinyl
Fireplace No
Laundry No Hookups
Building
Lot Description Other
Water Public
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