614 W Orange Street Active

Santa Maria,CA 93458

$ 975000

3 Beds

4 Baths

1680 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,680 sqft

Price per Sqft $580

MLS Listing ID 24001685

Bedrooms 3

Full Baths 4

Year Built 1908

Lot Size 7,405 Sqft

Property Description

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 per cent 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.

Location

State CA

County Santa Barbara

Area 13 - Sm Northwest

Zoning Multi-Fam R3

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Street

Roof Type Composition

Building

Foundation Raised

Sewer Public Sewer

Water Public

Others

Acceptable Financing New Loan,Cash

Listing Terms New Loan,Cash

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