NOT LISTED FOR SALE

225 S Russell Ave Santa Maria, CA 93458

Santa Maria West Neighborhood
9 Beds
6 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold January 19, 2018

Last sale price $799,000

48 Days on Market

Highlights

  • Property is near a park
  • Tile Flooring
  • 2-minute walk to Russell Park
  • Laundry Room

About This Home

As of January 2018

Great opportunity to purchase a small investment property in Santa Maria. The units are large, fully occupied, and getting strong rents. 10.1 GRM! Good unit mix with (1) 3Bed/1.5Bath townhouse, (2) 2Bed/1Bath townhouses, and (2) 1Bed/1Bath flat units. Units have tile and laminate flooring, tile counter tops, and gas appliances. They are separately metered for electric and gas and feature individual hot water heaters. Many new dual pane windows. The building is close to Russell Park, schools, and shopping. Tenants enjoy off-street, covered parking and a common area laundry room. Some deferred maintenance. This property won’t last long, so call soon for more details.

Last Agent to Sell the Property

Steve Battaglia

Battaglia Commercial Real Esta License #01318215 Listed on: 08/25/2017

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Lot Details

  • 8,712 Sq Ft Lot
  • Property is in average condition

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Laundry Room

Flooring

  • Tile
  • Vinyl Plank

Parking

  • 5 Parking Spaces
  • Carport

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Shared Gas Meter
  • Individual Gas Meter

Community Details

  • 5 Units

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 123-012-013

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Capitalization Rate: 5.84
  • Gross Rent Multiplier: 10.13
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Miscellaneous Parking Spaces: 5.0
  • Building Stories: 2
  • ResoLaundryFeatures: Laundry Room, In Unit
  • ResoLotFeatures: Near Public Transit
  • Reso Flooring: Tile, Wood/Laminate
  • New Construction: No
  • Reso Property Condition: Fair
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Condo:Laundry in Unit: Yes
  • HeatingCooling Wall3: Yes
  • Parking Info Carport2: Yes
  • Foundation:Slab: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 8712.0
  • Proximity Near Bus: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • General Property Information Stories2: 2.0
  • Condition Fair2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.2
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 5.0

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 123-012-013
  • Zoning: R-3
  • Lot Size Sq Ft: 8712.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 5

Range of Values:

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List Price
Sold Price
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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 Change Sq Ft Price
01/19/2018 01/19/18 Sold $799,000 0.0% --
10/12/2017 10/12/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $799,000 -- --
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Battaglia

    Seller's Agent in 2018

    Steve Battaglia

    Battaglia Commercial Real Esta

    (805) 688-5333

    5 in this area

    84 Total Sales

    Steve Battaglia
    Section Image

  • N

    Buyer's Agent in 2018

    Non Member Agent

    Non Member Office

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-2881

Santa Barbara Multiple Listing Service

California Santa Barbara County Santa Maria 93458 Santa Maria West

225 S Russell Ave, Santa Maria, CA

This home is located at 225 S Russell Ave, Santa Maria, CA 93458 since 25 August 2017. 225 S Russell Ave is a home located in Santa Barbara County with nearby schools including Liberty Elementary School, Arellanes Junior High School, and Santa Maria High School.

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