NOT LISTED FOR SALE
12 Beds
6 Baths
4,500 Sq Ft
7,405 Sq Ft Lot

Last Sold December 19, 2023

Last sale price $1,390,000 $309 Per Sq Ft

32 Days on Market

Highlights

  • No HOA
  • 4 Attached Carport Spaces
  • Wall Furnace
  • Tile Flooring
  • Block Wall Fence
  • Electric Fireplace

About This Home

As of December 2023

Rarely available multi-family/6-unit complex located in the heart of Santa Maria. Ample parking in front and rear of property with alley access. Great neighborhood with shopping, schools, and freeway access all nearby. Stable, mo-to-mo rentals with below market rents. Room for addition and/or expansion to existing building with plans in place for additional unit/ADU. Perfect property to owner occupy or long-term investment.

Last Agent to Sell the Property

Kevin Zepeda

Res Com Services License #01371903 Listed on: 07/31/2023

Last Buyer's Agent

Kevin Zepeda

Res Com Services License #01371903 Listed on: 07/31/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 7,405 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Block Wall Fence
  • Density is 6-10 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Gas Fireplace
  • Built-In Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 7 Parking Spaces
  • 4 Attached Carport Spaces
  • Parking Available
  • Driveway

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 20 / 1
  • Assessor Parcel Number 121231004

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $2,400
  • Professional Management Expense $5,520
  • Trash Expense $1,800
  • Water Sewer Expense $4,800
  • Operating Expense $10,320
  • Gross Income $93,240
  • Net Operating Income $77,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 5520.00
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Water Sewer Expenses: 4800.00
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 121231004
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Electric, Gas
  • Levels: Two
  • Price Per Square Foot: 308.89

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Covered, Driveway
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Built-In Range, Refrigerator
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 750 Square Feet
  • Average3 Bed Area: 950 Square Feet
  • Average Studio Area: 350 Square Feet
  • Electric Expense: 600.00
  • Gross Income: 93240.00
  • Gross Scheduled Income: 93240.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 77100.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 16140.00
  • Rent Control: No
  • Total Actual Rent: 7770.00
  • Total Expenses: 10320.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 22.06
  • Tax Lot: 20
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2023 12/19/23 Sold $1,390,000 -2.5% $309 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $1,425,000 -- $317 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,188 $1,417,800 $183,600 $1,234,200
2023 $15,188 $1,024,897 $183,955 $840,942
2022 $11,087 $1,004,802 $180,349 $824,453
2021 $10,801 $985,101 $176,813 $808,288
2020 $7,640 $688,896 $189,106 $499,790
2019 $7,554 $675,390 $185,399 $489,991
2018 $7,459 $662,148 $181,764 $480,384
2017 $7,377 $649,165 $178,200 $470,965
2016 $7,057 $636,437 $174,706 $461,731
2014 $6,627 $614,600 $168,712 $445,888
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI23141106

California Regional Multiple Listing Service (CRMLS)