$1,250,000
SOLD JUN 23, 2026
10 Beds
7 Baths
4,973 Sq Ft
0.43 Acre Lot

Sale Details

Date Sold: June 23, 2026

$251 Per Sq Ft

31% Below List Price

70 Days on Market

Highlights

  • 0.43 Acre Lot
  • Corner Lot
  • Wall Furnace

About This Home

As of June 2026

Welcome to 223 East Tunnell in beautiful Santa Maria, CA. This is a rare opportunity to purchase a multi-family rental property on a large, centrally located parcel with strong current income and room for future growth. This unique property features seven (7) single-level casitas thoughtfully arranged around a charming common courtyard, creating a welcoming community setting for residents. The property consists of four separate building structures comprising four 1-bedroom units and three 2-bedroom units. Several casitas feature private backyard spaces, while all residents enjoy access to the shared green common area in the front. Current monthly rental income is over $12,000 per month, with tenants paying electric/gas on separate meters. Various units have a private backyard space, and all units have access to a green common area in the front. The rear parking lot, conveniently accessed via the alley, offers seven onsite parking spaces along with an owner's storage shed that presents potential for conversion into onsite laundry facilities. 223 East Tunnell is primed for a new owner to implement their vision and maximize its potential. Call today for a private showing.

Last Agent to Sell the Property

Erik Berg-Johansen

Central Coast Sotheby's International Realty License #02061242 Listed on: 03/03/2026

Central Coast Sotheby's International Realty

Co-Listed By

Keith Silva

Link Real Estate License #01335779

Last Buyer's Agent

Leigha Peralta

Century 21 Masters License #01947763

Century 21 Masters
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 18,731 Sq Ft Lot
  • Corner Lot

Home Design

  • 4,973 Sq Ft Home
  • Flat Roof Shape
  • Raised Foundation

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Full Bathrooms

Utilities

  • No Cooling
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Community Details

  • 7 Units
  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, gardener, taxes, insurance
  • Seller Considering Concessions

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0.43 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • LotSizeAcres: 0.43
  • Co List Office Mls Id: osm5779
  • Co List Office Phone: 805-801-6498
  • Co List Office Mls Id: 877704867
  • Directions: N Broadway to E Tunnell.
  • Year Built: 1940
  • Listing Detail: None
  • Listing, Location and Property Info: Deposit: 1.0
  • Listing, Location and Property Info: REO: No
  • Listing, Location and Property Info: Short Sale: No
  • Listing, Location and Property Info: Seller Consider Concessions: Yes
  • Lot Characteristics: Corner, Alley
  • Separate Meters: Gas, Electric
  • General Property Information: Total # Units: 7
  • Special Features: None

Interior Features

  • Owner Pays: Trash Collection, Water, Gardener, Taxes, Insurance
  • Full Bathrooms: 7
  • Total Bedrooms: 10

Exterior Features

  • Foundation Details: Raised, None
  • Roof: Flat

Garage/Parking

  • Parking Features: 6 - 10

Utilities

  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Laundry Features: None
  • Cooling: None
  • Heating Yn: Yes
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 18731.0
  • Zoning Description: Multi-Fam R2

Rental Info

  • Tenant Pays: Gas, Electricity

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2026
Closed on
Jun 12, 2026
Sold by
Bought by
Seller's Agent
Erik Berg-Johansen
Central Coast Sotheby's International Realty
Buyer's Agent
Leigha Peralta
Century 21 Masters
List Price
$1,799,000
Sold Price
$1,250,000
Premium/Discount to List
-$549,000
-30.52%
Views
55

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 8, 2021
Sold by
Bought by
Seller's Agent
Steve Battaglia
Battaglia Commercial RE
Buyer's Agent
Steve Battaglia
Battaglia Commercial RE
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.89%
Original Mortgage
$840,000
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 5, 2021
Closed on
Oct 13, 2021
Sold by
Bought by
Seller's Agent
Steve Battaglia
Battaglia Commercial RE
Buyer's Agent
Steve Battaglia
Battaglia Commercial RE
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 22, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
8.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
8.01%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Mid City Acres, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $1,250,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title
Grant Deed $1,200,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Gift Deed -- --
Grant Deed $300,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $840,000 Purchase Money Mortgage
Previous Owner $550,000 Commercial
Previous Owner $230,000 Commercial
Previous Owner $225,000 Commercial
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2026 06/23/26 Sold $1,250,000 -13.8% $251 / Sq Ft
05/12/2026 05/12/26 Pending -- -- --
05/04/2026 05/04/26 Price Changed $1,450,000 -10.8% $292 / Sq Ft
04/12/2026 04/12/26 Price Changed $1,625,000 -9.7% $327 / Sq Ft
03/03/2026 03/03/26 For Sale $1,799,000 +49.9% $362 / Sq Ft
11/05/2021 11/05/21 Sold $1,200,000 -- $240 / Sq Ft View Prior Sale
Source: North Santa Barbara County Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,434 $1,298,917 $541,216 $757,701
2025 $14,434 $1,273,449 $530,604 $742,845
2023 $13,771 $1,224,000 $510,000 $714,000
2022 $13,298 $1,200,000 $500,000 $700,000
2021 $4,628 $417,610 $208,805 $208,805
2020 $4,622 $413,328 $206,664 $206,664
2019 $4,570 $405,224 $202,612 $202,612
2018 $4,513 $397,280 $198,640 $198,640
2017 $4,461 $389,492 $194,746 $194,746
2016 $4,269 $381,856 $190,928 $190,928
2014 $4,009 $368,756 $184,378 $184,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Santa Barbara County Regional MLS

MLS Number: 26000387

North Santa Barbara County Regional MLS
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