1981 Olive Dr Santa Maria, CA 93454
Santa Maria East NeighborhoodEstimated payment $6,922/month
About This Home
3 HOMES • 1 LOT • ENDLESS INCOME!
Incredible opportunity: Three fully permitted units on a 9,147 sq ft / 0.21-acre lot--live in one and rent the other two, or rent all three for major cash flow, Main Home: 5 Bed • 2 Bath • 1,900 sq ft, Attached ADU: 2 Bed • 1 Bath • 502 sq ft (New), Detached ADU: 3 Bed • 2 Bath • 749 sq ft (New)
Upgrades: New backyard concrete • New acrylic stucco on all units • All permits included
Perfect for investors or multi-family living.
Property Details
Home Type
- Multi-Family
Year Built
- 1983
Utilities
- Forced Air Heating System
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,785 | $243,049 | $114,826 | $128,223 |
| 2023 | $2,785 | $233,613 | $110,368 | $123,245 |
| 2022 | $2,681 | $229,033 | $108,204 | $120,829 |
| 2021 | $2,604 | $224,543 | $106,083 | $118,460 |
| 2020 | $2,599 | $222,242 | $104,996 | $117,246 |
| 2019 | $2,568 | $217,886 | $102,938 | $114,948 |
| 2018 | $2,534 | $213,615 | $100,920 | $112,695 |
| 2017 | $2,503 | $209,428 | $98,942 | $110,486 |
| 2016 | $2,397 | $205,322 | $97,002 | $108,320 |
| 2014 | $2,254 | $198,278 | $93,674 | $104,604 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/05/2026 03/05/26 | For Sale | $1,299,900 | +75.7% | $413 / Sq Ft | |
| 05/30/2025 05/30/25 | Sold | $740,000 | -4.5% | $389 / Sq Ft | View Prior Sale |
| 04/20/2025 04/20/25 | For Sale | $775,000 | -- | $408 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $442,400 | Fannie Mae Freddie Mac | |
| Closed | $154,000 | No Value Available |
Source: North Santa Barbara County Regional MLS
MLS Number: 26000413
APN: 128-081-003
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Ask me questions while you tour the home.