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

Range of Values:

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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
04/19/2019 04/19/19 Sold $1,500,000 -- --
Source: North Santa Barbara County Regional MLS

Tax History Compared to Growth

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