614 W Orange St Santa Maria, CA 93458
Santa Maria West NeighborhoodEstimated payment $5,445/month
About This Home
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.
Listing Agent
Battaglia Commercial Real Esta License #01318215 Listed on: 01/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $599
Year Built
- Built in 1908
Schools
- See Remarks Elementary And Middle School
- See Remarks High School
Additional Features
- 1-Story Property
- 7,405 Sq Ft Lot
- Cooling System Mounted In Outer Wall Opening
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 123-112-002
- Seller Considering Concessions
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 |
|---|---|---|---|---|
| 2023 | $599 | $51,313 | $17,408 | $33,905 |
| 2022 | $579 | $50,308 | $17,067 | $33,241 |
| 2021 | $563 | $49,323 | $16,733 | $32,590 |
| 2020 | $561 | $48,818 | $16,562 | $32,256 |
| 2019 | $555 | $47,862 | $16,238 | $31,624 |
| 2018 | $548 | $46,924 | $15,920 | $31,004 |
| 2017 | $542 | $46,005 | $15,608 | $30,397 |
| 2016 | $518 | $45,103 | $15,302 | $29,801 |
| 2014 | $488 | $43,557 | $14,778 | $28,779 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/06/2025 01/06/25 | For Sale | $975,000 | 0.0% | $580 / Sq Ft |
| 09/05/2024 09/05/24 | Off Market | $975,000 | -- | -- |
| 08/26/2024 08/26/24 | For Sale | $975,000 | -- | $580 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Chicago Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $135,800 | New Conventional | |
| Previous Owner | $150,000 | New Conventional |
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-2824
APN: 123-112-002
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