NOT LISTED FOR SALE
13 Beds
12 Baths
-- Sq Ft
0.45 Acres

Last Sold April 19, 2019

Last sale price $1,500,000

5 Days on Market

About This Home

As of April 2019

Great opportunity to own a piece of downtown Santa Maria in the form of an 12-unit apartment complex on a corner lot with attractive courtyard and on-street parking. This complex allows an easy walk to shops, restaurants, banks, and is close to freeway access, and consists of 11 one bed, one bath units and 1 two bed, one bath unit with patio as well as approximately 8 separately rented garages. There are many long-term tenants providing a stable rent basis.

Last Agent to Sell the Property

Wendy Teixeira, GRI, CRS

Compass License #01345995 Listed on: 03/01/2019

Last Buyer's Agent

Steve Battaglia

Battaglia Commercial RE License #01318215

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 0.45 Acre Lot
  • Corner Lot

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 12 Full Bathrooms

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Community Details

  • 12 Units
  • Operating Expense $39,020

Listing and Financial Details

  • Security Deposit $15,000
  • The owner pays for trash collection, water
  • Assessor Parcel Number 125-036-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • FILLACRES: 0.45
  • ApproxYrBlt: 1928
  • Directions To Property: Broadway north, Main St east, Elizabeth south, Church St east
  • Listing Member Name: Wendy Teixeira, GRI, CRS
  • Listing Office Short Id: 3985
  • List Office Board Code: Santa Maria
  • Lot Size Sq Ft: 19602.00
  • Major Area: 16 - SM Southeast
  • Open House Office I D: 20170308161120024175000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 1900
  • Selling Office Short Id: 201000376
  • Tract Suffix: Street
  • Unit Levels: Two
  • Geen Feat.: Curbs/Gutter, Sidewalks
  • Income And Expenses Annual Operating Exp: 39020.00
  • Landlord Pays: Trash Collection, Water
  • Special Features: None
  • Year Built: 1928

Interior Features

  • Total Bathrooms: 12.00
  • Year Built Exception: Unknown
  • Total Bedrooms: 13
  • Laundry: None

Exterior Features

  • Exterior: Stucco
  • Foundation: Slab
  • Roof: Other

Garage/Parking

  • Parking: 6 - 10

Utilities

  • Air Conditioner: None
  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Hot Water: Public
  • Separate Meters: Electric, Gas

Lot Info

  • Lot Characteristics: Corner
  • Zoning Description: Apartment

Rental Info

  • Deposit: 15000.00
  • Sub Lease: No
  • Tenant Pays: Other
  • Lease Term: Month To Month

Tax Info

  • Assessor Parcel Number: 125-036-001

Multi Family

  • Annual Operating Expense: Electricity, Gas, Maintenance, Management, Water/Sewer
  • Total Number Units: 12
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Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2019 04/19/19 Sold $1,500,000 -- --
Source: North Santa Barbara County Regional MLS

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 $18,039 $1,673,273 $557,756 $1,115,517
2023 $18,039 $1,608,300 $536,099 $1,072,201
2022 $17,437 $1,576,766 $525,588 $1,051,178
2021 $16,979 $1,545,850 $515,283 $1,030,567
2020 $16,957 $1,530,000 $510,000 $1,020,000
2019 $7,362 $653,056 $466,522 $186,534
2018 $7,271 $640,252 $457,375 $182,877
2017 $7,186 $627,699 $448,407 $179,292
2016 $6,878 $615,392 $439,615 $175,777
2014 $6,455 $594,276 $424,530 $169,746
Source: Public Records

Agents Affiliated with this Home

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Source: North Santa Barbara County Regional MLS

MLS Number: 19000490

North Santa Barbara County Regional MLS