1981 Olive Dr Santa Maria, CA 93454
Santa Maria East NeighborhoodEstimated payment $6,488/month
Highlights
- No HOA
- Forced Air Heating System
- 1-Story Property
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 • New carpet, in the main home. All permits included
Perfect for investors or multi-family living.
Home Details
Home Type
- Single Family
Year Built
- 1983
Home Design
- Slab Foundation
- Shingle Roof
Interior Spaces
- 3,145 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
Additional Features
- 9,147 Sq Ft Lot
- Accessory Dwelling Unit (ADU)
Community Details
- No Home Owners Association
Listing and Financial Details
- Security Deposit $10,000
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 |
|---|---|---|---|---|---|
| 04/17/2026 04/17/26 | Pending | -- | -- | -- | |
| 04/10/2026 04/10/26 | Price Changed | $1,180,000 | -1.6% | $375 / Sq Ft | |
| 04/07/2026 04/07/26 | For Sale | $1,199,000 | 0.0% | $381 / Sq Ft | |
| 04/06/2026 04/06/26 | Pending | -- | -- | -- | |
| 03/30/2026 03/30/26 | Price Changed | $1,199,000 | -7.8% | $381 / Sq Ft | |
| 03/14/2026 03/14/26 | 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: 26000480
APN: 128-081-003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
- 400 Mariott Rd
- 1960 S Mcclelland St Unit 11
- 1920 S Mcclelland St Unit 33
- 321 Inger Dr Unit D19
- 1825 Olive Dr
- 1865 Sequoia Dr
- 420 Calle Bonita
- 444 Calle Bonita
- 2228 Cordoban Ln
- 2216 San Telmo
- 1900 S Lincoln St Unit F2
- 311 Lolita Ln Unit L
- 1838 Gable Ln
- 310 E Mccoy Ln Unit 11F
- 310 E Mccoy Ln Unit 4C
- 2335 El Mirlo
- 413 West St
- 427 Taunton Dr
- 545 Santa Cruz Ct
- 449 Taunton Dr
Ask me questions while you tour the home.